Ita/100101/2014 Of The Commissioner Of Income Tax v. M/S V S Lad And Sons
High Court
30 Oct 2019 In favour of: Assessee
Forum / Bench
High Court · karhcdharwad
Parties
Ita/100101/2014 Of The Commissioner Of Income Tax v. M/S V S Lad And Sons
Date of order
30 Oct 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/100101/2014 Of The Commissioner Of Income Tax v. M/S V S Lad And Sons, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the aforesaid appeals are dismissed as withdrawn.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 DHARWAD BENCH
DATED THIS THE 30 DAY OF OCTOBER, 2019
PRESENT
THE HON’BLE MR.JUSTICE ALOK ARADHE
AND
THE HON’BLE MR.JUSTICE P.G.M. PATIL
I.T.A.No.100101 OF 2014C/W I.T.A.Nos.100102, 100105 &100106 OF 2014
IN ITA No.100101/2014
BETWEEN:
1.THE COMMISSIONER OF INCOME TAX, SADUM ROAD, GULBARGA. SADUM ROAD, GULBARGA.
2.THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE -2(3), BANGALORE.
... APPELLANTS
(BY SRI. TULAJAPPA KALABURAGI, ADVOCATE)
AND
M/S V S LAD & SONS, PRASANTH NIVAS, KRISHNA NAGAR, SANDUR – 583119, BELLARY – DISTRICT, PAN: .
... RESPONDENT
(BY SRI. A.SHANKAR, SENIOR COUNSEL &
SRI. SHASHANK HEGDE, ADVOCATE)
THIS I.T.A. IS FILED U/SEC.260A OF THE INCOME-TAX ACT, 1961 AGAINST ORDER PASSED IN ITA NO.18/BANG/2013 DATED 13.06.2014 ON THE FILE OF THE INCOME TAX APPELLATE TRIBUNAL, 'C' BENCH, BANGALORE, DISMISSING THE APPEAL FILED BY THE REVENUE AND ALLOWING THE APPEAL FILED BY THE ASSESSEE.
IN ITA No.100102/2014
BETWEEN:
1.THE COMMISSIONER OF INCOME TAX, SADUM ROAD, GULBARGA. SADUM ROAD, GULBARGA.
2.THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE -2(3), BANGALORE.
... APPELLANTS
(BY SRI. TULAJAPPA KALABURAGI, ADVOCATE)
AND
M/S V S LAD & SONS, PRASANTH NIVAS, KRISHNA NAGAR, SANDUR - 583119 BELLARY DISTRICT PAN: .
... RESPONDENT
(BY SRI. A.SHANKAR, SENIOR COUNSEL &
SRI. S.S.HEGDE, ADVOCATE)
THIS I.T.A. IS FILED U/SEC.260A OF THE INCOME-TAX ACT, 1961 AGAINST ORDER PASSED IN ITA NO.145/BANG/2013 DATED 13.06.2014 ON THE FILE OF THE INCOME TAX APPELLATE TRIBUNAL, 'C' BENCH, BANGALORE, DISMISSING THE APPEAL FILED BY THE REVENUE AND ALLOWING THE APPEAL FILED BY THE ASSESSEE.
IN ITA No.100105/2014
BETWEEN
1.THE COMMISSIONER OF INCOME TAX, SADUM ROAD, GULBARGA. SADUM ROAD, GULBARGA.
2.THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(3), BANGALORE.
... APPELLANTS
(BY SRI. TULAJAPPA KALABURAGI, ADVOCATE)
AND
M/S V S LAD & SONS PRASANTH NIVAS, KRISHNA NAGAR, SANDUR - 583119, BELLARY DISTRICT, PAN: .
... RESPONDENT
(BY SRI. A.SHANKAR, SENIOR COUNSEL & SRI. S.S.HEGDE, ADVOCATE)
THIS I.T.A. IS FILED U/SEC.260A OF THE INCOME-TAX ACT, 1961 AGAINST ORDER PASSED IN ITA NO.144/BANG/2013 DATED 13.06.2014 ON THE FILE OF THE INCOME TAX APPELLATE TRIBUNAL, 'C' BENCH, BANGALORE, DISMISSING THE APPEAL FILED BY THE REVENUE AND ALLOWING THE APPEAL FILED BY THE ASSESSEE.
IN ITA No.100106/2014
BETWEEN
1.THE COMMISSIONER OF INCOME TAX, SADUM ROAD, GULBARGA. SADUM ROAD, GULBARGA.
2.THE ASSISTANT COMMISSIONER, OF INCOME TAX, CIRCLE-2(3), BANGALORE.
... APPELLANTS
(BY SRI. TULAJAPPA KALABURAGI, ADVCOATE)
AND
M/S V S LAD & SONS PRASANTH NIVAS, KIRSHNA NAGAR, SANDUR - 583119, BELLARY DISTRICT PAN: .
... RESPONDENT
(BY SRI. A.SHANKAR, SENIOR COUNSEL & SRI. SHASHANK HEGDE, ADVOCATE)
THIS I.T.A. IS FILED U/SEC.260A OF THE INCOME-TAX ACT, 1961 AGAINST ORDER PASSED IN ITA NO.19/BANG/2013 DATED 13.06.2014 ON THE FILE OF THE INCOME TAX APPELLATE TRIBUNAL, 'C' BENCH, BANGALORE, DISMISSING THE APPEAL FILED BY THE REVENUE AND ALLOWING THE APPEAL FILED BY THE ASSESSEE.
THESE APPEALS COMING ON FOR FINAL HEARING THIS DAY, ALOK ARADHE, J, MADE THE FOLLOWING:
ORDER
Mr.Tulajappa Kalaburagi, learned counsel for the Revenue.
2.Mr.A.Shankar, learned senior counsel and Mr.Shashank S.Hegde, learned counsel for the assessee.
3.In view of the circular dated 08.08.2019 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, the learned counsel for the Revenue seeks leave of this Court to withdraw the aforesaid appeals. Accordingly, the aforesaid appeals are dismissed as withdrawn.
SD/-JUDGE
CLK
SD/-JUDGE
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue