Case Law › High Court › Of Income Tax v. Nedungadi Bank Limited...

Of Income Tax v. Nedungadi Bank Limited (264 Itr 545) And In I.t.a

High Court 16 Jun 2008 In favour of: Assessee

Forum / Bench

High Court · highcourtofkerala

Parties

Date of order

16 Jun 2008

Assessment year(s)

—

Outcome

Dismissed

The order — as passed by the High Court

Case summary

In Of Income Tax v. Nedungadi Bank Limited (264 Itr 545) And In I.t.a, the High Court (2008) dismissed the appeal. The decision went in favour of the assessee.

Decision: Following the abovedecisions, the appeals are dismissed.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE V.K.MOHANAN MONDAY, THE 16TH JUNE, 2008 / 26TH JYAISHTA, 1930 ITA.No. 20 of 2002 (AGAINST THE ORDER DATED 12.6.2001 IN COCH. IN ITA.214/1999 of I.T.A.TRIBUNAL,COCHIN BENCH) .................... APPELLANT/RESPONDENT: -------------------------------- THE COMMISSIONER OF INCOME-TAX, TRIVANDRUM. BY ADV. SRI.P.K.R.MENON(SR.),SR.COUNSEL FOR IT SRI.GEORGE K. GEORGE, SC FOR IT RESPONDENT/APPELLANT: -------------------------------- THE STATE BANK OF TRAVANCORE, POOJAPURA, TRIVANDRUM-695 012. BY ADV. SRI.M.PATHROSE MATTHAI (SR.) SRI.SAJI VARGHESE THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON 16/06/2008, ALONG WITH ITA NO. 34 OF 2002 THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR & V.K.MOHANAN, JJ. --------------------------------------------- I.T.A.Nos.20 of 2002 & 34 of 2002 --------------------------------------------- Dated this the 16th day of June, 2008 J U D G M E N T Ramachandran Nair,J: Both issues raised in these appeals are coveredby the decisions of this Court reported inCommissioner of Income Taxv. Nedungadi Bank Limited(264 ITR545) and in I.T.A.No.73 of 2001. Following the abovedecisions, the appeals are dismissed. C.N.RAMACHANDRAN NAIR, Judge V.K.MOHANAN, Judge MBS/ WP(C) NO. :-2-: C.N.RAMACHANDRAN NAIR, & V.K.MOHANAN, JJ. ------------------------------------------------ I.T.A.Nos. 20 & 34 OF 2002 -------------------------------------------- J U D G M E N T DATED:16-6-2008 WP(C) NO.

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