In Itta/224/2013 Of Commissioner Of Income Tax - Vi v. M/S. Manjeera Grameena Bank, the High Court (2013) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, the appeal is dismissed. _____________________ K.J.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH ATHYDERABAD
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAAND
THE HON’BLE Ms. JUSTICE G. ROHINI
I.T.T.A. No. 224 of 2013
DATE: 09.07.2013
Between:
Commissioner of Income Tax-VI,Hyderabad.
… Appellant
And
M/s. Manjeera Grameena Bank,Sangareddy.
… Respondent
This Court made the following:
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE Ms. JUSTICE G. ROHINI
I.T.T.A No.224 of 2013
JUDGMENT:(Per the Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta)
This appeal cannot be admitted in view of the fact that the learnedTribunal has decided the matter in favour of the assessee following its earlierdecision in the case of Sudha Cooperative Urban Bank Limited inITA.No.341/Hyd/07 for the assessment year 2003-04. The learned Tribunalhaving found that the issue involved in these cases is similar and identical,dismissed the appeal filed by the revenue.
Hence, the appeal is dismissed.
_____________________
K.J. SENGUPTA, CJ
______________G. ROHINI, J
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