Itl/91/2013 Of The Commissioner Of Income Tax-Iii, Nagpur v. M/S Prajwal Nagari Sahakari Pat Sanstha, Nagpur
High Court
10 Mar 2015 In favour of: Assessee
Forum / Bench
High Court · testcase
Parties
Itl/91/2013 Of The Commissioner Of Income Tax-Iii, Nagpur v. M/S Prajwal Nagari Sahakari Pat Sanstha, Nagpur
Date of order
10 Mar 2015
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itl/91/2013 Of The Commissioner Of Income Tax-Iii, Nagpur v. M/S Prajwal Nagari Sahakari Pat Sanstha, Nagpur, the High Court (2015) dismissed the appeal. The decision went in favour of the assessee.
Decision: As we find no substantial question of law arising, the present Income Tax Appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYNAGPUR BENCH AT NAGPUR
Income Tax Appeal No.91 of 2013
(The Commissioner of Income Tax-III, Nagpur .vs. M/s. Prajwal Nagari Sahakari Pat Sanstha, Nagpur)
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CORAM : B.P.DHARMADHIKARI & A.P.BHANGALE, JJ.
DATE: 10.3.2015.
Heard Mr.Anand Parchure, learned Counsel for the appellant.
We find that the ITAT has, for valid reasons, considered by it in paragraph no.4, found that the assessee cannot be treated as a Co-operative Bank and ought to have assessed as a Credit Co-operative Society. The finding is a concurrent finding of facts. The learned Counsel, at this stage, submits that similar challenges in other matters are already disposed of by this Court against the department vide Income Tax Appeal No.28 of 2013.
As we find no substantial question of law arising, the present Income Tax Appeal is dismissed. No costs.
JUDGE
JUDGE
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