Ita/100025/2015 Of The Commissioner Of Income Tax v. M/S. Desai And Co

IN THB HIGH COURT OF KARNATAKA DHARWAD BENCH DATEBD THIS THE 1 DAY OF DECEMBER, 2015 PRESENT THE HON’BLE MR.JUSTICE S. ABDUL NAZEER AND THE HON’BLE MR.JUSTICE P.S.DINESH KUMARITA No. J1QGOQG0O25 O BRIWEHEN 1.THE COMMIssIONER OF INCOME TAX,NAVANAGAR, HUBLI. 2.THE DEPUTY COMMISSIONER OF INCOME TAX,CIRCLE-1(1), NAVANAGAR,HUBLI, _.... APPELLANTS (BY SRI. Y V RAVIRAJ, ADV.) ANI M/S. DESAI & CO.,P.B.ROAD, VIDYANAGAR,HUBLI,PAN : AAAFD97/59 ..... RESPONDENT (BY SRI. A SHANKAR & SRI SHASHANK HEGDE ADVS.) THIS [TA IS FILED UNDER SECTION QJOOA OF TH“INCOME-TAX ACT, 1961 PRAYING TO (a) FORMULATE THE SUBSTANTIAL QUESTION OF LAW STATED ABOVE (b) ALLOWTHERE APPEAL AND SEI ASIDE THK ORDERS PASSED BY TINCOME TAX APPELLATE TRIBUNAL,BANGALORE, 'C' BENCH,BANGALORE, IN ITA.NO.419(BANG)/2014 FOR DATED:18.11.2014 ANDCONFIRM THE ORDER PASSED BY THE DEPUTY COMMISSIONER OFINCOME TAX, CIRCLE-I(1), HUBBALLI.. THIS ITA COMING ON FOR ORDERS THIS DAY,P.S.DINESH KUMAR, J.IDHLIVERE]THE FOLLOWING: JUDGMENT ori Y.V.Raviraj, learned counsel appearing for theappellants submits that he does not press this appealin view of the circular No.21/2015 in F.No.279/Misc. 142/2007-ITJU(Pt), dated 10.12.201 a2The submission of the learned counselappearing for the appellants is placed on record. Theappeal is dismissed as withdrawn. No costs. Sd/-JUDGE. Naa Sd/-JUDGE.