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Ita/630/2015 Of The Commissioner Of Income Tax v. M/S The Shamrao Vithal

High Court 04 Jul 2016 In favour of: Assessee
Forum / Bench
High Court · karhcdharwad
Parties
Ita/630/2015 Of The Commissioner Of Income Tax v. M/S The Shamrao Vithal
Date of order
04 Jul 2016
Assessment year(s)
Outcome
Dismissed

Case summary

In Ita/630/2015 Of The Commissioner Of Income Tax v. M/S The Shamrao Vithal, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.

Decision: Accordingly, the appeal is dismissed.

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 KARNATAKADHARWAD BENCH DATED THIS THE 4 DAY OF JULY 2016 PRESENT THE HON’BLE MR. JUSTICE H.G.RAMESH AND THE HON’‘BLE MRS. JUSTICE RATHNAKALI.T.A. NO.630/2015 BETWEEN 1. THE COMMISSIONER OF INCOME-TAX, TDS, GROUND FLOOR,PUNDALIK NIWAS, RUA-DE-OUREM,PANAJAI-GOA-403001L.|PUNDALIK NIWAS, RUA-DE-OUREM,PANAJAI-GOA-403001L.| 2. THE INCOME-TAX OFFICER, TDS WARD, C.R BUILDING, ANNEXE, P.B.ROAD, NAVANAGAR, HUBBALLI-580025. APPELLANTS (BY SRI Y.V.RAVIRAJ, ADV. FOR SRI ARAVIND K.V., ADVOCATE) AND: M/S. THE SHAMRAO VITHALCO-OPERATIVE BANK LITD.,GROUND FLOOR,SATELLITE SPACE AGE COMPLEX,KOPPIKAR ROAD, HUBLI.PAN: AAAAT QO1//C RESPONDENT THIS ITA IS FILED UNDER SECTION 260-A OF INCOME TAXACT, 1961, ARISING OUT OF ORDER DATED 30.06.2015 PASSEDIN ITA NO.674/BANG/2015, FOR THE ASESSMENT YEAR 2012-2013 PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONSOF LAW STATED ABOVE AND ALLOW THE APPEAL AND SET ASIDE THE ORDER PASSED BY THE ITAT, BANGALORE IN ITANO.674/BANG/2015 DATED 30.06.2015 AND CONFIRM THEORDER OF THE APPELLATE COMMISSIONER CONFIRMING THEORDER PASSED BY THE INCOME TAX OFFICER, TDS WARD,HUBBALLL. THISTTACOMINGONFOR.ORDERSTHISDAY,H.G. RAMESH J.TDELIVERED THE FOLLOWING: JUDGMENT H.G.RAMESH, J. (Oral)" This appeal is listed for orders re.non-compliance ofoffice objections raised on the appeal. However, learnedcounsel appearing for the appellants fairly submits that thequestion of law raised in this appeal is answered against theappellants in ITA Nos.100047/2015 and 100048-49/2015(D.D. 16.12.2015), and hence, this appeal is liable to bedismissed. Accordingly, the appeal is dismissed. Appeal dismissed. Sd/-JUDGE Sd/-JUDGE KMS
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