ITO, WARD, PALAMPUR vs. THE KANGRA CENTRAL COOPERATIVE BANK LIMITED, KANGRA

In the result, the present appeal of the Revenue is dismissed.

Now we shall deal with the appeal in since the facts involved in the present case are similar and identical to the facts involved in ITA No. 31/Chd/2023, therefore our findings and conclusions given in ITA No. 31/Chd/2023 shall apply mutatis mutandis to this appeal also.

In the result, both the above appeals filed by the Revenue are dismissed.