Ita/284/2013 Of The Kodungallur Town Co-Operative Bank Ltd v. The Commissioner Of Income Tax Trichur

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT: THE HONOURABLE MR.JUSTICE THOTTATHIL B.RADHAKRISHNAN &THE HONOURABLE MR.JUSTICE K.HARILAL TUESDAY, THE 10TH DAY OF MARCH 2015/19TH PHALGUNA, 1936 ITA.No. 284 of 2013 () ----------------------- AGAINST THE JUDGMENT IN ITA NO.274/2013 OF THE INCOME TAXAPPELLATE TRIBUNAL, COCHIN BENCH DATED 06-08-2013. APPELLANT(S): ------------- THE KODUNGALLUR TOWN CO-OPERATIVE BANK LTD., HEAD OFFICE, KODUNGALLUR-680664. BY ADVS.SRI.P.BALAKRISHNAN (E) SRI.MOHAN PULIKKAL SRI.R.ANAS MUHAMMED SHAMNAD SRI.K.S.MENON RESPONDENT(S): -------------- THE COMMISSIONER OF INCOME TAX, THRISSUR. BY ADV. SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES) BY ADV. SRI.JOSE JOSEPH, SC, FOR INCOME TAX THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARDON 10-03-2015, THE COURT ON THE SAME DAY DELIVERED THEFOLLOWING: THOTTATHIL B. RADHAKRISHNAN & K. HARILAL, JJ. --------------------------------------------------------- I.T.A. Nos.284 & 285 of 2013 ---------------------------------------------------------- Dated this the 10[th] day of March, 2015JUDGMENT Thottathil B. Radhakrishnan, J. The issues raised in these Income Tax Appealsrelate to the question of eligibility of a Co-operative Bankfor deduction under Section 36(1)(viia) of the Income TaxAct, 1961. That issues are covered against the appellantas per the common judgment in I.T.A. No.179 of 2012and connections. Having considered the said judgment,we are in agreement with the findings therein on theissues of law. Hence, we follow the said judgment anddismiss these Income Tax Appeals. Sd/- (THOTTATHIL B. RADHAKRISHNAN, JUDGE) Sd/- (K. HARILAL, JUDGE)