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Ita/662/2015 Of The Commissioner Of Income Tax v. M/S The Reddi Sahakara Bank Niyamitha

High Court 04 Jul 2016 In favour of: Assessee
Forum / Bench
High Court · karhcdharwad
Parties
Ita/662/2015 Of The Commissioner Of Income Tax v. M/S The Reddi Sahakara Bank Niyamitha
Date of order
04 Jul 2016
Assessment year(s)
Outcome
Dismissed

Case summary

In Ita/662/2015 Of The Commissioner Of Income Tax v. M/S The Reddi Sahakara Bank Niyamitha, the High Court (2016) 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 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.662/2015 &I.T.A. NO.213/2016 BETWEEN 1. THE COMMISSIONER OF INCOME-TAX,TDS, GROUND FLOOR,TDS, GROUND FLOOR, PUNDALIK NIWAS, RUA-DE-OUREM, PANAJAI-GOA-40 3001. 2. THE INCOME-TAX OFFICER, TDS WARD, C.R BUILDING, ANNEXE, P.B.ROAD, NAVANAGAR, HUBBALLI-530025. APPELLANTS (BY SRI Y.V.RAVIRAJ, ADV. FOR SRI ARAVIND K.V., ADVOCATE) AND: M/S. THE RADDI SAHAKARA BANKNIYAMITHA,HEAD OFFICE BANK ROAD,DHARWAD-580001.PAN: AAAAT 32797K RESPONDENT THESE ITAS ARE FILED UNDER SECTION 260-A OF INCOMETAX ACT, 1961, ARISING OUT OF ORDER DATED 10.07.2015PASSED IN ITA NO.369/BANG/2015 AND SP NO.52/BANG/2015FOR THE ASESSMENT YEAR JZOLI-J2JOLZ PRAYING TO FORMULTHE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE ANDALLOW THE APPEAL AND SET ASIDE THE ORDER PASSED BY THE ITAT,BENGALURU|IN|ITANO.369/BANG/2015.AND|SPNO.52/BANG/2015 DATED 10.07.2015 AND CONFIRM’ THORDER OF THE APPELLATE COMMISSIONER CONFIRMING THEORDER PASSED BY THE INCOME TAX OFFICER, TDS WARD,HUBBALLL. THESE ITAS COMING ON FOR ORDERS THIS DAY,H.G. RAMESH J.TDELIVERED THE FOLLOWING: JUDGMENT H.G.RAMESH, J. (Oral)# These appeals are listed for orders re.non-complianceof office objections raised on the appeals. However, learnedcounsel appearing for the appellants fairly submits that thequestion of law raised in these appeals is answered againstthe appellants in ITA Nos.100047/2015 and 100048-49/2015 (D.D. 16.12.2015), and hence, these appeals areliable to be dismissed. Accordingly, the appeals aredismissed. Appeals dismissed. Sd/-JUDGE Sd/-JUDGE <.
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