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Rp/921/2021 Of The Principal Commissioner Of Income Tax v. The Nadakkal Service Co-Operative Bank Ltd

High Court 17 Dec 2021 In favour of: Revenue

Forum / Bench

High Court · highcourtofkerala

Parties

Date of order

17 Dec 2021

Assessment year(s)

—

Outcome

Allowed

Case summary

In Rp/921/2021 Of The Principal Commissioner Of Income Tax v. The Nadakkal Service Co-Operative Bank Ltd, the High Court (2021) allowed the appeal. The decision went in favour of the Revenue.

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

The order — as passed by the High Court

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE S.V.BHATTI & THE HONOURABLE MR.JUSTICE BASANT BALAJI FRIDAY, THE 17 DAY OF DECEMBER 2021 / 26TH AGRAHAYANA, 1943 RP NO. 921 OF 2021 AGAINST THE ORDER/JUDGMENT IN ITA 7/2020 OF HIGH COURT OF KERALA REVIEW PETITIONER/S: THE PRINCIPAL COMMISSIONER OF INCOME TAXAAYAKAR BHAVAN, KOWDIAR, TRIVANDRUM-695 003 BY ADV CHRISTOPHER ABRAHAM, INCOME TAX DEPARTMENT RESPONDENT/S: THE NADAKKAL SERVICE CO-OPERATIVE BANK LTD.KALLUVATHUKKAL P.O., KOLLAM-691 578 OTHER PRESENT: ADV C.A. JOJO FOR THE RESPONDENT THIS REVIEW PETITION HAVING COME UP FOR ADMISSION ON 17.12.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: O R D E R S.V.Bhatti, J. Heard learned Senior Standing Counsel Mr.ChristopherAbraham for review petitioner/Revenue and Adv.C.A Jojo forrespondent/assessee. 2.For the errors pointed out in the review petition,which are apparent in our considered view, the judgmentdated 25.10.2021 in I.T.A No.7/2020 is recalled. Post I.T.A No.7/2020 for hearing in the third week ofJanuary, 2022. Sd/-S.V.BHATTIJUDGESd/-BASANT BALAJIJUDGE RP NO. 921 OF 2021 -3- APPENDIX OF RP 921/2021 PETITIONER'S ANNEXURES: ANNEXURE- ACERTIFIED COPY OF THE JUDGMENT IN ITA NO.7/2020 DATED 25.10.2021

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