The Commissioner Of Income Tax vs M/S.South Indian Bank Ltd on 7 October, 2010

       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

ITA.No. 1727 of 2009()


1. THE COMMISSIONER OF INCOME TAX,THRISSUR
                      ...  Petitioner

                        Vs



1. M/S.SOUTH INDIAN BANK LTD,
                       ...       Respondent

                For Petitioner  :SRI.JOSE JOSEPH, SC, FOR INCOME TAX

                For Respondent  :SRI.P.BALAKRISHNAN (E)

The Hon'ble MR. Justice C.N.RAMACHANDRAN NAIR
The Hon'ble MR. Justice K.SURENDRA MOHAN

 Dated :07/10/2010

 O R D E R
                   C.N.RAMACHANDRAN NAIR &
                        K.SURENDRA MOHAN, JJ.
              ....................................................................
            I.T. Appeal Nos.1727, 1730 & 1740 of 2009
              ....................................................................
               Dated this the 7th day of October, 2010.

                                     JUDGMENT

Ramachandran Nair, J.

The common question arising in all the appeals filed by the

Revenue is the basis for identifying Rural Branches of the Bank. We

have decided this issue on identical facts in the judgment in I.T.A.

No.234/2009 in the case of Lord Krishna Bank. Following the said

judgment we allow these departmental appeals by reversing the orders

of the Tribunal and by restoring the assessment confirmed in first

appeal.

C.N.RAMACHANDRAN NAIR
Judge

K.SURENDRA MOHAN
Judge

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