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Ita/224/2009 Of The Commissioner Of Income Tax,Cochin v. Lord Krishna Bank Ltd.,Kochi

High Court 01 Jul 2009 In favour of: Assessee

Forum / Bench

High Court · highcourtofkerala

Parties

Date of order

01 Jul 2009

Assessment year(s)

—

Outcome

Dismissed

Case summary

In Ita/224/2009 Of The Commissioner Of Income Tax,Cochin v. Lord Krishna Bank Ltd.,Kochi, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: Appeals are accordingly dismissed aswithdrawn.

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

The order — as passed by the High Court

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE C.K.ABDUL REHIM WEDNESDAY, THE 1ST JULY 2009 / 10TH ASHADHA 1931 ITA.No. 224 of 2009() --------------------- ITA.1/COCH/2000 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT/RESPONDENT: -------------------- THE COMMISSIONER OF INCOME TAX,COCHIN. BY ADV. SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES) SRI.JOSE JOSEPH, SC, FOR INCOME TAX RESPONDENT(S): --------------- LORD KRISHNA BANK LTD. INDIAN EXPRESS BUILDINGS, KALOOR, KOCHI-17. THIS INCOME TAX APPEAL HAVING COME UP FOR ADMISSION ALONG WITH ITA NO.231/2009 ON 01/07/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR &C.K.ABDUL REHIM, JJ. ....................................................................I.T. Appeal Nos.224 & 231 of 2009 ....................................................................Dated this the 1st day of July, 2009. JUDGMENT Ramachandran Nair, J. Since the issue raised is covered by decision of the SupremeCourt in favour of the assessee, department sought permission towithdraw the appeals. Appeals are accordingly dismissed aswithdrawn. The appellant is free to apply for eligible refund of courtfee. C.N.RAMACHANDRAN NAIRJudge pms C.K.ABDUL REHIM Judge

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