Supreme Court dismisses civil appeals in favor of assessee, aligning with precedent. No costs awarded.

The Supreme Court granted leave and dismissed civil appeals in favor of the assessee, following the precedent set in Catholic Syrian Bank Ltd. v. CIT (2012) 343 ITR 270. No costs were awarded.

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The Supreme Court of India in 2013 (2) TMI 40 - SC Order, with justices Kapadia S. H. and Madan B. Lokur, granted leave and dismissed civil appeals in favor of the assessee based on a precedent set in the case of Catholic Syrian Bank Ltd. v. CIT (2012) 343 ITR 270. No costs were ordered.

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