Date Of Order 21-08-2018 I.t.a v. M/S.cypress Semi-Conductor (I) Pvt. Ltd

IN THE HIGH COURT OF KARNATAKA, BENGALURU DATED THIS THE 21 DAY OF AUGUST 2018 PRESENT THE HON'BLE Dr.JUSTICE VINEET KOTHARI AND THE HON’BLE Mrs.JUSTICE S.SUJATHA1.T.A.No.413 OF ZO1L BETWEEN: Ll.THE Pr. COMMISSIONER OF INCOME TAX CIT(A), 9 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU-560 O95. oOTHER ASST. COMMISSIONER OF INCOME TAX ~ CIRCLE-2(1)(1), 2 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BBRBNGALURU-560 095 .. APPBLLANTS (BY MR. ARAVIND K.V., ADVOCATE) AND: M/S. CYPRESS SEMI-CONDUCTOR (I) PVT. LTD.,NO.69/2, BAGMANE TECH PARK,BLOCK-C, BAGMANE LAURELL,|C.V.RAMAN NAGAR,BENGALURU-560 O93. PAN: AABCC 24700_ RESPONDENT Date of Order 21-08-2018 I.T.A.No.413/2018 The Pr.Commissioner of Income Tax & Anr. Vs. M/s.Cypress Semi-Conductor (I) Pvt. Ltd., 2/3 THIS I.T.A IS FILED UNDER SECTION 2J60-A OFINCOME TAX ACT 1961, ARISING OUT OF ORDERDATED:25/01/2018PASSEDIN- C.O.NO.131/BANG/2015 FOR THE ASSESSMENT YEAR.2010-2001 1PRAYING THIS HON'BLE COURT TO: (i)FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATED ABOVE (ii) ALLOW THE APPEAL AND SETASIDEB THR ORDBRS PASSBKD BY THR INCOME-TAAPPBRLLATETRIBUNAL,BENGALURUIN|C.O.NO.|131/BANG/2015 DATED 25.01.2018 AND CONFIRM)THR ORDBR OF THR APPBELLATR COMMISSIONERCONFIRMING THR ORDER PASSED BY THE ASST.|COMMISSIONER OF INCOME TAX CIRCULE-2(1)(1),|BENGALURU (ii) TO PASS SUCH OTHER SUITABLEORDERS AS THIS HON’BLE COURT DEEMS FIT TO!GRANT IN THR FACTS AND CIRCUMSTNACES OF THE|CASE IN THE INTEREST OF JUSTICE AND EQUITY. THIS LT.A. COMING ON FOR ORDERS THIS DAY,Dr. VINE ET KOTHARJT MADE THR FOLLOWING : ORDER Mr.ARAVIND K.V.,Advocate for Appellants-Revenue The learned counsel for the appellants -Revenue seeks leave of the Court to withdraw the.present appeal. Accordingly, appeal is+,!-,!!'+as withdrawn. Date of Order 21-08-2018 I.T.A.No.413/2018 The Pr.Commissioner of Income Tax & Anr. Vs. M/s.Cypress Semi-Conductor (I) Pvt. Ltd., 3/3 Copy of this order be sent to the /-.JUDGE|Sd/-.JUDGE|PB