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Ita/39/2013 Of Commissioner Of Income Tax, Kottayam v. M/S.vazhappally Service Co-Operative Bank Ltd.k-108

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/39/2013 Of Commissioner Of Income Tax, Kottayam v. M/S.vazhappally Service Co-Operative Bank Ltd.k-108, 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. 39 of 2013 AGAINST THE ORDER/JUDGMENT IN ITA 1/2011 of I.T.A.TRIBUNAL,COCHINBENCH DATED 10-08-2012 APPELLANT/S: 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-108VAZHAPPALLY, CHANGANACHERRY DIST, KOTTAYAM - 686103. BY ADVS.SRI.K.JOHN MATHAISRI.KURYAN THOMASSRI.M.GOPIKRISHNAN NAMBIARSRI.P.BENNY THOMASSRI.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: Vinod Chandran, J. JUDGMENT 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 Hence, the appeal is permitted to be withdrawn,leaving open the questions of law.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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