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Bombay High CourtITL/127/2013withdrawn

The Bhandara Urban Co-Op. Bank Ltd. v. Assistant Commissioner Of Income Tax Circle-7, Nagpur

2015-11-17Hon'Ble Shri Justice B. P. Dharmadhikari,Hon'Ble Shri Justice V.M. Deshpande2 pages

Order 1711itl126.13

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

NAGPUR BENCH, NAGPUR INCOME TAX APPEAL NOS. 126 & 127 OF 2013.

the Bhandara Urban Cooperative Bank Ltd. Bhandara. -VERSUSThe Assistant Commissioner of Income Tax, Circle-7. Nagpur. Office notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's Orders or directions and Registrar's orders.

CORAM

: B.P. DHARMADHIKARI & V.M. DESHPANDE, JJ.

DATE : NOVEMBER 17, 2015.

Shri M. Moryani, learned Counsel for the appellant and Shri A. Parchure, learned Counsel for the respondent.

2.

Assessee wants to withdraw these appeals as the Misc. Applications filed by it seeking review have been allowed by the ITAT, and the assessee has been accepted as a Primary Cooperative Society, thereby enabling it to claim deduction under Section 36[1][vii][a] of the Income Tax Act, 1961.

3.

Shri Parchure, learned counsel for the respondent / department states that the review

Order 1711itl126.13 applications are allowed by the ITAT, but, he is not aware of the reasons therefor.

4.

In view of these developments, the appeals are allowed to be withdrawn at the risk and cost of the appellant.

JUDGE JUDGE Rgd.