The Commissioner Of Income Tax-Iii, Ludhiana v. The Ludhiana Central Co-Operative Bank Ltd
High Court
30 Mar 2016 In favour of: Unclear
Forum / Bench
High Court · phhc
Parties
The Commissioner Of Income Tax-Iii, Ludhiana v. The Ludhiana Central Co-Operative Bank Ltd
Date of order
30 Mar 2016
Assessment year(s)
2009-10
Outcome
Other
Case summary
In The Commissioner Of Income Tax-Iii, Ludhiana v. The Ludhiana Central Co-Operative Bank Ltd, the High Court (2016) decided the matter.
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 PUNJAB AND HARYANAAT CHANDIGARH
ITA No. 347 of 2014 Decided on : 30.03.2016
The Commissioner of Income Tax-III, Ludhiana
Versus
The Ludhiana Central Co-operative Bank Ltd.
. . . Appellant
. . . Respondent
CORAM: HON'BLE MR. JUSTICE AJAY KUMAR MITTALHON'BLE MRS. JUSTICE RAJ RAHUL GARG
PRESENT: Mr. Rajesh Katoch, Advocatefor the appellant-revenue.
Mr. Saurabh Goel, Advocatefor the respondent-assessee.
****
AJAY KUMAR MITTAL, J. (Oral)
Learned counsel for the appellant-revenue states that thechallenge in the present appeal is to the order dated 25[th] February, 2014,passed by the Income Tax Appellate Tribunal, Chandigarh Bench 'A',Chandigarh (for brevity 'the Tribunal') in ITA No. 526/CHD/2013, relatingto the Assessment Year 2009-10.
2.Mr. Rajesh Katoch, learned counsel for the revenue states thatsince the order dated 25[th] February, 2014 has been recalled and the appealbearing ITA No. 427 of 2015 filed by the respondent-assessee challengingthe same has also been withdrawn vide separate order of even date and theappeal is to be heard by the Tribunal on merits afresh, therefore, the presentappeal has been rendered infructuous and may be disposed of as such.
3.Ordered accordingly.
(AJAY KUMAR MITTAL) JUDGE
March 30, 2016
J.Ram
(RAJ RAHUL GARG) JUDGE
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