Ita/267/2019 Of The Principal Commissioner Of Income Tax v. M/S.chelannur Service Co-Operative Bank Ltd
High Court
29 Jan 2021 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/267/2019 Of The Principal Commissioner Of Income Tax v. M/S.chelannur Service Co-Operative Bank Ltd
Date of order
29 Jan 2021
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/267/2019 Of The Principal Commissioner Of Income Tax v. M/S.chelannur Service Co-Operative Bank Ltd, the High Court (2021) dismissed the appeal. The decision went in favour of the assessee.
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
FRIDAY, THE 29TH DAY OF JANUARY 2021 / 9TH MAGHA, 1942
ITA.No.267 OF 2019
AGAINST THE ORDER IN ITA 516/Coch/2018 DATED 07-02-2019 OFI.T.A.TRIBUNAL,COCHIN BENCH
APPELLANT/APPELLANT/RESPONDENT/REVENUE:
THE PRINCIPAL COMMISSIONER OF INCOME TAX,KOZHIKODE.
BY SRI.CHRISTOPHER ABRAHAM, SR.STANDING COUNSEL,INCOME TAX DEPARTMENT
RESPONDENT/RESPONDENT/APPELLANT/ASSESSEE:
M/S.CHELANNUR SERVICE CO-OPERATIVE BANK LTD.,CHELANNUR,
KOZHIKODE, PIN- 673616.
R1 BY ADV. SRI.A.KUMAR
R1 BY ADV. SMT.G.MINI(1748)
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON29.01.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
JUDGMENT
Dated this the 29[th] day of January, 2021
S.V.Bhatti, J.
Memo dated 14.01.2021 filed by Sri.Christopher Abraham,
learned Senior Standing Counsel, Income Tax Department towithdraw the appeal is ordered. The appeal is accordingly dismissedas withdrawn.
Sri.Christopher Abraham draws our attention to the judgment
of this Court in I.T.A. No.74 of 2016 dated 11.11.2019 and states thatrefund of proportionate court fee, taking into consideration the memofiled to withdraw the appeal etc., has been granted.
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
vps
APPENDIX
PETITIONER'S/S EXHIBITS:
ANNEXURE ATRUE COPY OF THE ASSESSMENT ORDER DATED28.10.2014.
ANNEXURE BTRUE COPY OF THE ORDER DATED 10.08.2018PASSED BY THE COMMISSIONER OF INCOMETAX (APPEALS).
ANNEXURE C
TRUE COPY OF THE ORDER DATED 07.02.2019PASSED BY THE INCOME TAX APPELLATETRIBUNAL.
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