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Ita/499/2014 Of The Commissioner Of Income Tax v. M/S Bangalore Credit

High Court 10 Mar 2015 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/499/2014 Of The Commissioner Of Income Tax v. M/S Bangalore Credit
Date of order
10 Mar 2015
Assessment year(s)
2008-09
Outcome
Dismissed

Case summary

In Ita/499/2014 Of The Commissioner Of Income Tax v. M/S Bangalore Credit, the High Court (2015) 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 KARNATAKA AT BENGALURU DATED THIS THE 10 DAY OF MARCH 2015| PRESENT THE HON'BLE MR. JUSTICE VINEET SARAN AND| THE HON’BLE MRS. JUSTICE S.SUJATHA ITA NO.499/2014 BETWEEN: 1.THERE COMMISSIONER OF INCOME-TA C.R.BUILDING, QUEENS ROAD, BANGALORE. 2.THER INCOME-TAX OFFICER WARD-4(1) UNITY BUILDING ANNEXE MISSION ROAD, BANGALORE-560 027.. ~, APPELLANT (BY SRI K.V.ARAVIND, ADV.,) AND: M/S. BANGALORE CREDITCO-OPERATIVE SOCIETY LTD.,NO.723, 10 MAIN,A BLOCK, JAYANAGAR,|BANGALORE-560 011. ~. RESPONDEN THIS ITA IS FILED UNDER SECTION 260-A OF LT. ACT,1961, ARISING OUT OF ORDER DATED 11.07.2014 PASSED IN ITA|NO.1454/BANG/2012, FOR THE ASSESSMENT YEAR 2008-09. THIS ITA COMING ON FOR ADMISSION THIS DAY,VINEFT SARANJ.DEBELIVERED THER RFOLLOWIN JUDGMENT We have heard Sri K.V.Aravind, learned counsel for the)appellants. he questions involved in this appeal are covered andanswered by the judgment of this Court in ITA NO.5006/2013dated 05.02.2014 in the case of|The Commissioner of Income Tax -vs- Sri Biluru Gurubasava Pattina Sahakari SanghaNiyamitha, Bagalkot. ? |Learned counsel for the appellants does not dispute thisposition. As such, we are of the view that no substantial questions oflaw arise in this appeal as the same have been already answered in theaforesaid case. The appeal isdismissed. TL Sd/-|JUDGE Sd/-| JUDGE
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