In Itxa/254/2015 Of Commissioner Of Income Tax-Ii, Thane v. Thane Janata Sahakari Bank Ltd, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3 The 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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.254 OF 2015
COMMISSIONER OF INCOME TAX-II, THANE)...APPELLANT
V/s.
THANE JANATA SAHAKARI BANK LTD.)...RESPONDENT
Mr.Ashok Kotangle a/w. Mr.A.D.Nagarjun and Mr.Pradip Bargude i/b. Padma Divakar, Advocate for the Appellant.None for the Respondent.
CORAM:S.V.GANGAPURWALA &A. M. BADAR, JJ.DATE:10[th] JULY 2017
P.C. :
1The learned counsel for the appellant fairly concedes that the issue involved in the present appeal was also raised in Income Tax Appeal No.243 of 2015. The said appeal filed by the Revenue is dismissed under order dated 30[th] June 2017. The learned counsel further accepts that the said judgment would also apply in the present matter.
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2In light of that, no substantial question of law arises.
3
The appeal is dismissed. No costs.
(A. M. BADAR, J.)
(S.V.GANGAPURWALA), J.)
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