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The Commissioner Of Income Tax – 1, Pune v. Bhagini Nivedita Sahakari Bank Limited

High Court 26 Jun 2009 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax – 1, Pune v. Bhagini Nivedita Sahakari Bank Limited
Date of order
26 Jun 2009
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax – 1, Pune v. Bhagini Nivedita Sahakari Bank Limited, the High Court (2009) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeals are thus dismissed with no order as to costs.

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 JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO.2071 OF 2008ANDINCOME TAX APPEAL (L) NO.2074 OF 2008 The Commissioner of Income Tax – 1, PuneVersusBhagini Nivedita Sahakari Bank Limited ..Appellant. ..Respondent. INCOME TAX APPEAL (L) NO.2075 OF 2008 The Commissioner of Income Tax – I, PuneVersus Sampada Sahakari Bank Limited ..Appellant. ..Respondent. Mr.Vimal Gupta for the appellant.None for the respondent. CORAM : V.C. DAGA &J.P. DEVADHAR, JJ. DATE : 26[th] JUNE, 2009 P.C. : 1.Heard learned counsel for the revenue. The question of law sought to be raised in these appeals is covered by the Division Bench judgment of this Court in the case of Commissioner of Income Tax V/s. TheSolapur Nagari Audyogik Sahakari Bank Limited in Income Tax Appeal No.46of 2008 delivered on 16-06-2008. 2.In the light of that, there is no merit in these appeals. The appeals are thus dismissed with no order as to costs. (J.P. Devadhar, J.) (V.C. Daga, J.)
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