Date Of Judgment 26-06-2018 I.t.a v. Assistant Commissioner Of Income-Tax
High Court
26 Jun 2018 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Date Of Judgment 26-06-2018 I.t.a v. Assistant Commissioner Of Income-Tax
Date of order
26 Jun 2018
Assessment year(s)
—
Outcome
Allowed
The order — as passed by the High Court
Case summary
In Date Of Judgment 26-06-2018 I.t.a v. Assistant Commissioner Of Income-Tax, the High Court (2018) allowed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the present appeal is dismissed aswithdrawn.Sd/-.JUDGESd/-|JUDGEBM V~
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF KARNATAKA, BENGALURUDATED THIS THE 26[th]DAY OF JUNE 2ZO1L8
PRESENT
THE HON'BLE Dr.JUSTICE VINEET KOTHARI
AND
THE HON’BLE Mrs.JUSTICE S.SUJATHA
I.T.A.No.237/2016
Between:
M/s. Biesse Manufacturing CompanyPrivate Limitedsy.No.32, #4609, Jakkasandra Village»sondekappa Road, Nelamangala TalukBengaluru Rural District-5602 123(Represented by its CFOSri. Prashanth K.V.Aged about 43 years9/o Sri. K.B. Virupakshaiah).
.. Appellan
(By Mr. Chythanya K.K. Advocate)
And:
Assistant Commissioner of Income-TlaxCircle-2 (1)(1), BMTC Building|80 Feet Road, 6[th]Block |Koramangala, Bengaluru-9560 O95.
... Respondent
(By Mr. K.V. Aravind, Advocate)
This I.T.A. is filed under Section 26O0-A ot Income TaxAct 1961, praying to: 1. Formulate the substantial questionsof law stated above. 2. Allow the appeal and set aside the
Date of Judgment 26-06-2018 I.T.A.No.237/2016 M/s. Biesse Manufacturing Company Private Limited Vs. Assistant Commissioner of Income-Tax
2/3
impugned order (so far as same is prejudicial to theAppellant) of the Income Tax Appellate Tribunal, Bengaluru‘C’ Bench bearing in IT (TP) A No.97/Bang/2015, dated O6-11-2015 ®& etc.
ThisLT.A..comingOT]forOrders,this|Dr. Vineet KothariJ. delivered the following:-
day
JU DBGMENT
Mr. Chythanya K.K.Adv. for Appellant-Assessee ©Mr. K.V. Aravind, Adv. for Respondent - Revenue
1. The learned counsel for the Appellant -Assessee, Mr. Chythanya K.K. submits that the presentAppeal may be allowed to be withdrawn as in view of theremand order oft the learnedIncome Tax AppellateTribunal, Bangalore Bench “C”, Annexure Adated|
06/11/20151nN 1.T.(T.P.)A.No.97/Bang/2015for.AY|2010-11,the subsequent developments have taken|place and against the fresh Orders passed by theTransfer Pricing Officer (TPO)/Assessing Authority>the Appellant - Assessee has already filed the RegularFirst Appeal before the Commissioner of Income Tax(Appeals), which is pending. ©
Date of Judgment 26-06-2018 I.T.A.No.237/2016 M/s. Biesse Manufacturing Company Private Limited Vs. Assistant Commissioner of Income-Tax
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2. The learned counsel for the Respondent —-Revenue, Mr.K.V. Aravind does not dispute thisposition. |3. Accordingly, the present appeal is dismissed aswithdrawn.Sd/-.JUDGESd/-|JUDGEBM V~
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