Date Of Judgment 05-07-2018, Ita v. M/S. Electronics For Imaging India Pvt. Ltd

IN THE HIGH COURT OF KARNATAKA, BENGALURU DATED THIS THE 5 DAY OF JULY 2018 PRESENT THR HON’BLEK DR.JUSTICE VINBBT KOTHARI ANT) THR HON’BLE MRS..JUSTICK S.SUJATHA I.T.A. No.718/2017 BETWEEN: 1.THE PR. COMMISSIONER OF INCOME-TAX, CIT(A)|5[‘T]FLOOR BMTC BUILDING,5[‘T]FLOOR BMTC BUILDING, SOFEET ROAD, KORAMANGALA>BENGALURU — 560 O95BENGALURU — 560 O95 2.THR DBEPUTY COMMISSIONBR OF INCOMB TAX CIRCLE -11(3) PRESENT ADDRESS CIRCLE 2(1)(2). 2 FLOOR, BMTC BUIDLING, | SOFEET ROAD, KORAMANGALA BENGALURU — 560 O95.. APPELLANTS| (BY SRI.ARAVIND K V., ADV.) AND: M/s. ELECTRONICS FOR IMAGING INDIA PVT. LTD.,KALYANIT PLATINA FLOOR BLOCK -— I, 24,EPIP ZONE, PHASE - IIWHITEFIELD,BRENGALURU — 560 066PAN: AAAGG 60535 _. RESPONDENT (BY SRI.S.SHARATH, ADV. FOR SRI.CHYTHANYA K K, ADV.) Date of Judgment 05-07-2018, ITA No.718/2017 The Pr. Commissioner of Income Tax & another Vs. M/s. Electronics for Imaging India Pvt. Ltd., 2/3 THIS INCOME TAX APPEAL IS FILED UNDER SEC.260-A|OF INCOME TAX ACT 1961, ARISING OUT OF ORDERDATED:10.03.2017, PASSED IN C.O. NO.149/BANG/2015, FOR:THE ASSESSMENT YEAR 2005-2006 ANNEXURE-D, PRAYING|TO: I FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW.STATED ABOVE. II. ALLOW THR APPBAL AND SET ASIDE THE)ORDERS PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL,BENGALURU IN C.O. NO. 149/BANG/2015 DATED:10.03.2017CONFIRMING THE ORDER OF THE APPBELLATEBE COMMISSIONANT)CONEHIRMTHEORDERPASSEDBY|THEDEBPUTYCOMMISSIONER OF INCOME TAX, CIRCLE-2(1)(2), 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. S. Sharath,Adv. for.Mr. K.K. Chythanya,Adv. torRespondent — Assessee. This Appeal is filed by the Revenue purportedlyraising substantial questions of law arising from theOrder of the Income Tax Appellate Tribunal, Bench ‘B’, Bangalore,1nNCO|No.149/Bang/2015dated| 10.03.2017, relating to the Assessment Year2005-06 2 |Learned Counsel for the Appellants-Revenueseeks leave of the Court to withdraw the present Appeal. 3.| 3/3 Learned Counsel for the Respondent has no objection. Appeal is dismissed as withdrawn. AN/-| Sd/-.JUDGE. Sd/-.JUDGE.