The Catholic Syrian Bank Ltd, Trichur V. ACIT, Trichur

CO 6/COCH/2012

• Counselvise Citation: [2012] 122 COUNSELVISE.COM (IT) 7587 (ITAT-COCHIN)
• Duration Of Justice: 4 month(s) 28 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 10-09-2012
• Appeal Filed By: Assessee
• Bench Allotted: DB
• Next Hearing Date: 10-09-2012
• Assessment Year: 2006-2007
• Appeal Filed On: 12-04-2012
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN BEFORE S/SHRI N.R.S.GANESAN, JM AND B.R.BASKAR AN, AM C.O. NO. 06/COCH/2012 (ARSG. OUT OF I.T.A. NO. 74/COCH/2011) ASSESSMENT YEAR: 2006-07 THE CATHOLIC SYRIAN BANK LTD., ST. MARYS COLLEGE ROAD, THRISSUR-680 020. [PAN:AABCT 0024D] VS. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE-1(1), THRISSUR. (ASSESSEE -APPELLANT) (REVENUE-R ESPONDENT) ASSESSEE BY NONE-WRITTEN SUBMISSION BY ASSESSEE REVENUE BY SHRI SRINIVASU KOLLIPAKA, JR. DR DATE OF HEARING 10/09/2012 DATE OF PRONOUNCEMENT 10/09/2012 O R D E R PER B.R.BASKARAN, ACCOUNTANT MEMBER: THE ASSESSEE HAS FILED THIS CROSS OBJECTION A GAINST THE APPEAL FILED BY THE REVENUE IN I.T.A. NO. 74/COCH/2011. 2. THE ASSESSEE HAS FILED A LETTER DATED 07/09/2012 BEFORE THIS BENCH WITH THE SUBMISSION THAT ALL THE ISSUES URGED IN THE CROSS O BJECTION HAVE ALREADY BEEN DISPOSED OF BY THE TRIBUNAL WHILE PASSING THE ORDER IN THE R EVENUES APPEAL IN I.T.A. NO. 74/COCH/2011. ACCORDINGLY, IT WAS SUBMITTED THAT T HE ASSESSEE IS NOT PRESSING ANY OF THE GROUNDS URGED IN THE CROSS OBJECTION. 3. IN VIEW OF THE ABOVE, ALL THE GROUNDS RAISED IN THE CROSS OBJECTION ARE DISMISSED. C.O. NO.06 /COCH/2012 2 4. IN THE RESULT, THE CROSS OBJECTION FILED BY THE ASSESSEE IS DISMISSED. PRONOUNCED ACCORDINGLY O N 10-09-2012 SD/- SD/- (N.R.S.GANESAN) (B.R.BASKARAN) JUDICIAL MEMBER ACCOUNTANT MEMBER PLACE: KOCHI DATED: 10TH SEPTEMBER, 2012 GJ COPY TO: 1. THE CATHOLIC SYRIAN BANK LTD., ST. MARYS COLLEG E ROAD, THRISSUR-680 020. 2.THE ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE- 1(1), THRISSUR. 3.THE COMMISSIONER OF INCOME-TAX(APPEALS)-V, KOCHI. 4.THE COMMISSIONER OF INCOME-TAX, THRISSUR. 5. D.R., I.T.A.T., COCHIN BENCH, COCHIN. 6. GUARD FILE. BY ORDER (ASSISTANT REGISTRAR) I.T.A.T, COCHIN