Date Of Judgment 02-07-2018, Ita v. M/S Aci Worldwide Solutions P. Ltd

IN THE HIGH COURT OF KARNATAKA, BENGALURU DATED THIS THE 2 DAY OF JULY 2018 PRESENT THR HON’BLEK DR.JUSTICE VINBBT KOTHARI ANT) THR HON’BLE MRS..JUSTICK S.SUJATHA I.T.A. No.1078/2017 BETWEEN : 1.THE PR. COMMISSIONER OF INCOME-TAX CIT (A)|#[‘T]FLOOR, BMTC BUILDING,#[‘T]FLOOR, BMTC BUILDING, 80 FEET ROAD, KORAMANGALA, BBENGALURU-560 095. «|THER DEPUTLY COMMISSIONER OF INCOME-TACIRCLE-1(1)(1), 2 FLOOR, ©CIRCLE-1(1)(1), 2 FLOOR, © BMTC BUILDING, 80 FEET ROAD, KORAMANGALA, BBENGALURU-560 095. _ APPBLLANTS| (BY SRI K.V.ARAVIND, ADV.) AND : M/s ACI WORLDWIDE SOLUTIONS P. LTD.,(FORMERLY KNOWN AS VISUAL|WEB SOLUTIONS P. LTD.)NO.9, SALARPURIA CAMBRIDGE MALLCAMBRIDGE ROADBBNGALURU-560008PAN: AAACV 7566R _. RESPONDENT. (BY SRI NARENDRA KUMAR J. JAIN, ADV.) THIS [TA IS FILED UNDER SBKBCTION 260-A OF [INCOTAX ACT 1961, ARISING OUT OF ORDER DATED 26.07.2017| Date of Judgment 02-07-2018, ITA No.1078/2017 The Pr. Commissioner of Income Tax & another Vs. M/s ACI Worldwide Solutions P. Ltd. PASSED IN C.O.NO.105/BANG/2015, FOR THE ASSESSMENT)YEAR-2010-11, ANNEXURE-D. PRAYING TO: I. FORMULATE THESUBSTANTIAL QUESTIONS OF LAW STATED ABOVE. II. ALLOWTHR APPBAL AND SET ASIDE THR ORDERS PASSBED BY THEINCOME -TAXAPPBLLAT ETRIBUNAL, BENGALURUINC.O.NO.105/BANG/2015, DATED 26.07.2017 ANNEXURE-D AND.CONFIRM THR ORDER OF THR DRP CONFIRMING THR ORDER|PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX,CIRCLE-1(1)(1), BENGALURU. THIS APPEAL COMING ON FOR ADMISSION, THIS DAY,|Dr. VINEET KOTHARI, J., DELIVERED THE FOLLOWING: JU DGMENT Mr. K.V.Aravind,Adv. for Appellants — Revenue.Mr. Narendra Kumar J. Jain,Adv. for Respondent —Assessee. The learned counsel appearing for the appellants- revenue wants to withdraw the present appeal. The other side is represented by learned counsel and he does not object for withdrawal of the appeal. Accordingly, appeal is dismissed as withdrawn. Sd/-.JU DGE Sd/-.JUDGE.