COMMNR. OF INCOME TAX, BELGAUM vs MUDALGI COOP. CREDIT BANK LTD. — SLP(C) No. 3275/2004

Summary of SLP(C) No. 003275/2004 On 6 January 2006, the Supreme Court heard multiple Special Leave Petitions filed by the Commissioner of Income Tax, Belgaum against cooperative banks (including Mudalgi Coop. Credit Bank). The Court found the legal issue was settled by prior precedent, particularly the April 2005 decision in *Commissioner of Income Tax, Jalandhar v. Nawanshahar Central Coop. Bank Ltd.* The Court dismissed all special leave petitions and allowed related civil appeals in favour of the banks. No costs awarded. This case analysis is maintained by casestatus.in based on publicly available court records.