Ita/59/2019 Of The Principal Commissioner Of Income Tax v. M/S Naduvil Service Co-Operative Bank Ltd
High Court
09 Feb 2021 In favour of: Assessee
Forum / Bench
High Court · highcourtofkerala
Parties
Ita/59/2019 Of The Principal Commissioner Of Income Tax v. M/S Naduvil Service Co-Operative Bank Ltd
Date of order
09 Feb 2021
Assessment year(s)
2011-12
Outcome
Dismissed
Case summary
In Ita/59/2019 Of The Principal Commissioner Of Income Tax v. M/S Naduvil 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
TUESDAY, THE 09TH DAY OF FEBRUARY 2021 / 20TH MAGHA,1942
ITA.No.59 OF 2019
AAGAINST THE ORDER DATED 03.09.2018 IN ITA 620/COCH/2017 OFI.T.A.TRIBUNAL,COCHIN BENCH FOR THE ASSESSMENT YEAR 2011-12
APPELLANT/ APPELLANT/ RESPONDENT/ REVENUE :
THE PRINCIPAL COMMISSIONER OF INCOME TAX,KOZHIKODE.
BY ADV. SRI.CHRISTOPHER ABRAHAM
RESPONDENT/ RESPONDENT/ APPELLANT/ ASSESSEE :
M/S NADUVIL SERVICE CO-OPERATIVE BANK LTD.,NADUVIL, KANNUR.
R1 BY ADVS. SRI.S.ARUN RAJ
SMT.C.T.SUJA
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON09.02.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING :
JUDGMENT
Dated this the 9th day of February 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 The appeal is accordingly dismissedas withdrawn.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 thejudgment of this Court in I.T.A. No.74 of 2016 dated 11.11.2019 andstates that refund of proportionate court fee, taking intoconsideration the memo filed to withdraw the appeal etc., has beengranted.
Refund of proportionate court fee is ordered. Hence the
Registry makes refund of court fee to the extent admissible in law.
Sd/-
S.V.BHATTI, JUDGE
RKM
Sd/-
BECHU KURIAN THOMAS, JUDGE
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