Ita/237/2019 Of The Principal Commissioner Of Income Tax v. Badagara Co-Operative Rural Bank Limited
High Court
09 Feb 2021 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/237/2019 Of The Principal Commissioner Of Income Tax v. Badagara Co-Operative Rural Bank Limited
Date of order
09 Feb 2021
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/237/2019 Of The Principal Commissioner Of Income Tax v. Badagara Co-Operative Rural Bank Limited, the High Court (2021) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is accordingly dismissed as withdrawn.
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 S.V.BHATTI
&
THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
TUESDAY, THE 09TH DAY OF FEBRUARY 2021 / 20TH MAGHA,1942
ITA.No.237 OF 2019
AGAINST THE ORDER/JUDGMENT IN ITA 485/2018 DATED 17-01-2019 OFI.T.A.TRIBUNAL,COCHIN BENCH
APPELLANT/S:
THE PRINCIPAL COMMISSIONER OF INCOME TAX,KOZHIKODE.
BY ADV. CHRISTOPHER ABRAHAM, INCOME TAX DEPARTMENT
RESPONDENT/S:
M/S.BADAGARA CO-OPERATIVE RURAL BANK LIMITED,BADAGARA, KOZHIKODE-673101.
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 09.02.2021, THE COURTON THE SAME DAY DELIVERED THE FOLLOWING:
J U D G M E N T
Dated this the 9th day of February 2021
S.V.Bhatti, J.
Memo dated 14.01.2021 filed by Sri.Christopher Abraham, learned
Senior Standing Counsel, Income Tax Department, to withdraw theappeal is ordered. The appeal is accordingly dismissed as withdrawn.
2.Sri.Christopher Abraham draws our attention to thejudgment of this Court in I.T.A. No.74 of 2016 dated 11.11.2019 and statesthat refund of proportionate court fee, taking into consideration thememo filed to withdraw the appeal etc., has been granted.
3.Refund of proportionate court fee is ordered. Hence theRegistry makes refund of court fee to the extent admissible in law.
Sd/-
S.V.BHATTI, JUDGE
Sd/-
BECHU KURIAN THOMAS, JUDGE
jjj
PETITIONER'S/S EXHIBITS:
ANNEXURE A
ANNEXURE B
ANNEXURE C
APPENDIX
TRUE COPY OF THE ASSESSMENT ORDER DATED 26/12/2017.
TRUE COPY OF THE APPELLATE ORDER DATED 25/07/2018 PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS).
TRUE COPY OF THE ORDER DATED 17/01/2019 PASSED BY THE INCOME TAX APPELLATE TRIBUNAL.
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