Syndicate Bank v. The Commissioner of Income-tax, Mangalore / The Deputy Commissioner of Income-tax, Circle -1, Udupi
[Citation -2020-LL-0131-104]
Citation | 2020-LL-0131-104 |
---|---|
Appellant Name | Syndicate Bank |
Respondent Name | The Commissioner of Income-tax, Mangalore / The Deputy Commissioner of Income-tax, Circle -1, Udupi |
Court | HIGH COURT OF KARNATAKA |
Relevant Act | Income-tax |
Date of Order | 31/01/2020 |
Judgment | View Judgment |
Keyword Tags | substantial question of law • computation of disallowance • expenditure incurred • exempt income |
Bot Summary: | When the matter is taken up today learned counsel for the parties jointly submitted that substantial 4 question of law No. 9.1 is answered by this Court vide judgment dated 24.01.2020 passed in ITA No.258/2011. Accordingly, the aforesaid substantial question of law is answered in terms of the aforesaid judgment. It is submitted that the substantial question of law No. 9.2, and are answered by the judgment of this Court in ITA No.97/2010 vide judgment dated 17.01.2020. Accordingly, the substantial questions of law are answered in favour of the assessee. |