H.g.ramesh, J. (Oral v. Tata Elxsi Ltd. [2012] 349Itr 98 (Karn). Tne Appeal Is Accordingly Dismissed

- ITA No.325/2016 IN THE HIGH COURT OF KARNATAKA AT BENGALURUDATED THIS THE 31 DAY QF JULY JZO1/7PRESENT| THE HON'BLE MR. JUSTICE H.G.RAMESH AND THE HON‘'BLE MRS, JUSTICE K.S.MUDAGAL INCOME TAX APPEAL NO.325/2016 BETWEEN : 1.|THE PR.COMMISSIONER OF INCOME-TAX CIT (A), 5 FLOOR, BMTC BUILDING| 80 FEET ROAD, KORAMANGALA BANGALORE-560 095| 2.THE DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE-11(2) 2 FLOOR, BMTC BUILDING 80 FEET ROAD, KORAMANGALABENGALURU-560 O95|BENGALURU-560 O95| .. APPELLANTS (BY SRI ARAVIND K.V. ADVOCATE) | AND : M/S. CELSTREAM TECHNOLOGIES PVT. LTD.NO.29A, 2 CROSS, PHASE-IFELECTRONIC CITYBANGALORE-560 100|RESPONDENT THIS INCOME TAX APPEAL [S FILED UNDER SECTION |260-A OF I.T.ACT, 1961 PRAYING TO FORMULATE THE)SUBSTANTIAL QUESTION OF LAW AND TO SET ASIDE THE.APPELLATE|ORDERDATED:16.10.2015PASSED|IN|TTANO.1347/BANG/2014, FOR THE ASSESSMENT YEAR 2007-2008. THIS INCOME TAX APPEAL COMING ON FOR ADMISSION,|THIS DAY, H.G.RAMESH J., DELIVERED THE FOLLOWING: - ITA No.325/2016 JUDGMENT H.G.RAMESH, J. (Oral)# Learned counsel for the appellants fairly submits that.the question raised in this appeal is answered against the|appellants py this Court in CIT v. Tata Elxsi Ltd. [2012] 349|ITR 98 (Karn). Tne appeal is accordingly dismissed. Appeal dismissed, HR| Sd/-'JUDGE JUDGE Sd/-— JUDGE