Date Of Judgment 24-07-2018 I.t.a v. M/S. Ikanos Communication India Pvt.ltd
High Court
24 Jul 2018 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Date Of Judgment 24-07-2018 I.t.a v. M/S. Ikanos Communication India Pvt.ltd
Date of order
24 Jul 2018
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Date Of Judgment 24-07-2018 I.t.a v. M/S. Ikanos Communication India Pvt.ltd, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal stands dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF KARNATAKA, BENGALURU.
DATED THIS THE 24[TH|]DAY OF JULY ZO18
PRESENT
THE HON'BLE Dr. JUSTICE VINEET KOTHARI
AND
THE HON’BLE Mrs.JUSTICE S.SUJATHA|
I.T.A.No.349/2016
BETWEEN:
1.|THE PR. COMMISSIONER OF INCOME -TAX,5[‘T]FLOOR, BMTC BUILDING,5[‘T]FLOOR, BMTC BUILDING,
80 FEET ROAD, KORMANGALA,
BANGALORE-560095.
«|THE DEPUTY COMMISSIONER OF INCOME TAX,CIRCLE -3(1)(1), 2[ND|]FLOOR, BMTC BUILDING,CIRCLE -3(1)(1), 2[ND|]FLOOR, BMTC BUILDING,
80 FEET ROAD, KORMANGALA,|
BANGALORE-DS6009)5
.. APPELLANT
(By Mr. K.V. ARAVIND, ADV.)
AND:
M/S. IKANOS COMMUNICATION INDIA PVT.LTD.," FLOOR, CORPORATE MILLER,NO.332/1, THIMMAIAH ROAD,|VASANTHNAGAR, BANGALORE - 560 052.)PAN: AABCI 1O28HK.
_ RBSPONDENT
(By Mr. SANDEEP HUILGOL, ADV.)
THIS I.T.A. IS FILED UNDER SBCTION 260-A OF INCOME.TAX ACT 1961, PRAYING TO FORMULATE THE SUBSTANTIALQUESTIONS OF LAW STATED ABOVE AND ALLOW THE APPEAL
Date of Judgment 24-07-2018 I.T.A.No.349/2016 The Pr.Commissioner of Income Tax & Anr., Vs. M/s. Ikanos Communication India Pvt.Ltd.,
AND SET ASIDE THE ORDERS PASSED BY THE MITAT,BANGALORE IN C.O. NO. 109/BANG/2015 DATED 10/11/2015.ANNEXURE D AND CONFIRM THE ORDER OF THE DRP|CONFIRMING|TH EORDERPASSEDBY|TH EDEBPUTYCOMMISSIONER OF INCOME TAX, CIRCLE-3(1)(1). BANGALORE.
THIS LT.A. COMING ON FOR HEARING, THIS DAY |S. SUJATHA JT DRBLIVERBD THE FOLLOWING :
JUDGMENT
Mr. K.V.Aravind,Adv. for Appellants-RevenueMr. Sandeep Huilgol. Adv. for Respondent-ASsessee
Learned counsel for the appellants-Revenue has
filed a memo dated 24.07.2018 seeking leave of this
Court to withdraw the appeal.
The memo is taken on record.
Learned counsel for the Respondent-assessee hasno objection for the same.
The appeal stands dismissed as withdrawn.
TL
Sd/-.
JUDGE
Sd/-|
JUDGE
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