COMMNR. OF INCOME TAX, BELGAUM . vs KHANPUR COOP. BANK LTD. — SLP(C) No. 4835/2005

Summary of SLP(C) No. 004835/2005 Case: Commissioner of Income Tax, Belgaum v. Khanpur Coop. Bank Ltd. Hearing Date: January 6, 2006 Outcome: The Supreme Court dismissed the Special Leave Petitions filed by the Income Tax department. The Court found that the legal issue was already settled against the Revenue by prior Supreme Court decisions, particularly the April 8, 2005 judgment in *Commissioner of Income Tax, Jalandhar v. Nawanshahar Central Coop. Bank Ltd.* The related Civil Appeals (Nos. 6894-6895/2002) were also allowed in favor of the cooperative banks, with no costs awarded. This case analysis is maintained by casestatus.in based on publicly available court records.