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Ita/196/2012 Of The Commissioner Of Income Tax (1) Jabalpur v. Sharda Grameen Bank Satna

High Court 12 Mar 2019 In favour of: Revenue

Forum / Bench

High Court · mphc_db_jbp

Parties

Date of order

12 Mar 2019

Assessment year(s)

—

Outcome

Allowed

The order — as passed by the High Court

Case summary

In Ita/196/2012 Of The Commissioner Of Income Tax (1) Jabalpur v. Sharda Grameen Bank Satna, the High Court (2019) allowed the appeal. The decision went in favour of the Revenue.

Decision: Accordingly, the appeal stands dismissed as withdrawn in view of the CBDT circular dated 11.07.2018.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The High Court Of Madhya Pradesh ITA-196-2012 (THE COMMISSIONER OF INCOME TAX (1) JABALPURVs SHARDA GRAMEEN BANK SATNA) [12][-][03][-][2019]Jabalpur, Dated :Jabalpur, Dated : Shri Abdul Rehman, Advocate appears on behalf of Shri Sanjay Lal, Advocate for the appellant. Ms. Uma Parashar, Advocate for the respondent. Heard on I.A. No.13943/2018. This is an application for withdrawal of the appeal. Learned counsel for the appellant seeks permission to withdraw the appeal in view of the circular of Government ofIndia, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes (Judicial Cell) dated 11.07.2018. In view of the aforesaid, I.A. No.13943/2018 stands allowed and closed. Accordingly, the appeal stands dismissed as withdrawn in view of the CBDT circular dated 11.07.2018. However, we make it clear that we have not touched themerits of the case and have kept the questions open to bedecided in appropriate case. (S.K. SETH)CHIEF JUSTICE (VIJAY KUMAR SHUKLA)JUDGE @shish

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