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Ita/287/2013 Of The Commissioner Of Income Tax, Kottayam v. M/S. Vazhappally Service Co-Operative Bank Ltd

High Court 04 Oct 2018 In favour of: Unclear

Forum / Bench

High Court · highcourtofkerala

Parties

Date of order

04 Oct 2018

Assessment year(s)

—

Outcome

Other

Case summary

In Ita/287/2013 Of The Commissioner Of Income Tax, Kottayam v. M/S. Vazhappally Service Co-Operative Bank Ltd, the High Court (2018) decided the matter.

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 ERNAKULAMPRESENT THE HONOURABLE MR.JUSTICE K.VINOD CHANDRAN & THE HONOURABLE MR. JUSTICE ASHOK MENON THURSDAY ,THE 04TH DAY OF OCTOBER 2018 / 12TH ASWINA, 1940 ITA.No. 287 of 2013 AGAINST THE ORDER/JUDGMENT IN ITA 136/2013 ofI.T.A.TRIBUNAL,COCHIN BENCH DATED 24-05-2013 APPELLANT/S: THE COMMISSIONER OF INCOME TAX, KOTTAYAMKOTTAYAM BY ADVS.SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES)SRI.JOSE JOSEPH SC FOR INCOME TAX RESPONDENT/S: M/S. VAZHAPPALLY SERVICE CO-OPERATIVE BANK LTD.K-108, VAZHAPPALLY, CHANGANACHERRY, KOTTAYAM. BY ADVS.SRI.P.BENNY THOMASSRI.JOSON MANAVALANSRI.K.JOHN MATHAISRI.KURYAN THOMASSRI.M.GOPIKRISHNAN NAMBIARSRI.P.GOPINATH OTHER PRESENT: THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 04.10.2018, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: JUDGMENT Vinod Chandran, J. The learned Standing Counsel, Government of India(Taxes) submits, on instructions, that the Revenue may bepermitted to withdraw the appeal on the basis of thelitigation policy framed by the Central Board of DirectTaxes. Hence, the appeal is permitted to be withdrawn,leaving open the questions of law. Sd/- K.VINOD CHANDRANJUDGE Sd/- ASHOK MENONJUDGE

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