COMMNR. OF INCOME TAX, BELGAUM . vs SRI BASAVESHWARA COOP.BANK LTD. — SLP(C) No. 6580/2004

Case Summary: SLP(C) No. 006580/2004 On 6 January 2006, the Supreme Court dismissed multiple Special Leave Petitions filed by the Commissioner of Income Tax, Belgaum against cooperative banks. The Court held that the legal issues were settled against the Revenue by established precedent, including the April 2005 decision in Commissioner of Income Tax, Jalandhar v. Nawanshahar Central Coop. Bank. Concurrently, Civil Appeals 6894-6895/2002 (Rajasthan State Cooperative Bank v. CIT) were allowed on the same grounds with no costs awarded. This case analysis is maintained by casestatus.in based on publicly available court records.