The Principal Commissioner Of Income Tax, Panaji v. The Quepem Urban Co-Operative Credit Society Ltd
High Court
15 Apr 2019 In favour of: Revenue
Forum / Bench
High Court · hcbgoa
Parties
The Principal Commissioner Of Income Tax, Panaji v. The Quepem Urban Co-Operative Credit Society Ltd
Date of order
15 Apr 2019
Assessment year(s)
—
Outcome
Allowed
Case summary
In The Principal Commissioner Of Income Tax, Panaji v. The Quepem Urban Co-Operative Credit Society Ltd, the High Court (2019) 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 BOMBAY AT GOA
MISC.CIVIL APPLICATION NO. 109 OF 2019IN
TAX APPEAL NO. 2 OF 2018
THE PRINCIPAL COMMISSIONER OF INCOME TAX, PANAJI.,
Versus
... Applicant
THE QUEPEM URBAN CO-OPERATIVE CREDIT SOCIETY LTD.,
... Respondent
Ms. S. Linhares, Standing Counsel for the applicant.Mr. Tata Krishna and Mr.Shailesh Redkar, Advocate for therespondent.
-Coram:R. D. DHANUKA &PRITHVIRAJ K. CHAVAN, JJ.-Date:15th April 2019
P.C.
Learned Counsel for the Assessee does not dispute that taxeffect of the order which is subject matter of the tax appeal ismore than 50,00,000/- and thus aforesaid appeal ought not tohave been disposed of by order dated 4/10/2018. Statement isaccepted.
2. MCA No.109/2018 is accordingly allowed in terms of prayerclause (A) with no order as to costs.
3. Tax Appeal is restored to the file and shall be placed on
board for admission on 24.4.2019.
PRITHVIRAJ K. CHAVAN, J.
vn
R. D. DHANUKA, J.
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