In Itxa/5873/2010 Of The Commissioner Of Income Tax Iv Pune v. Shivshakti Urban Co Op Bank Ltd, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.
Decision: In this view of the matter, the appeal is dismissed in limini for want of any substantial question of law.
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 JURISDICTIONINCOME TAX APPEAL (L) NO.1992 OF 2009
The Commissioner of Income Tax
..Appellant.
V/s.
Shivshakti Urban Co-op. Bank Ltd...Respondent.Mr. Vimal Gupta for appellant.None for respondent.
CORAM : V.C.DAGA AND J.P.DEVADHAR, JJ. DATED : 26TH AUGUST, 2009.
P.C. :-
1.Heard learned counsel for the revenue. Office objections are overruled. Registry is directed to register the appeal. The appeal is taken up for admission at the instance of learned counsel for the revenue.
2.Learned counsel for the revenue fairly states that the issue sought to be raised in the above appeal is covered by the judgment of this Court in the case of the assessee itself passed in Income Tax Appeal (L) No.1993 of 2009 decided on 25th August, 2009 (unreported). For the reasons recorded therein, the appeal is liable to be dismissed. In this view of the matter, the appeal is dismissed in limini for want of any substantial question of law. No order as to costs.
(J.P.DEVADHAR, J.)
(V.C.DAGA, J.)
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