Ita/100198/2015 Of The Principal Commissioner Of Income Tax v. Karnataka Karavali Urban Cooperative Credit

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. J1GQ198 OF 20 BRIWEHEN 1.THE PRINCIPAL COMMISSIONER OF INCOME TAX,DR.B.R.AMBEDKAR VEEDHI,BBLAGAVI.DR.B.R.AMBEDKAR VEEDHI,BBLAGAVI. 2.THE INCOME TAX OFFICER,WARD-1(4), BELAGAVI,WARD-1(4), BELAGAVI, (BY SRI. Y V RAVIRAJ, ADV.) _.... APPELLANTS ANT) KARNATAKA KARAVALI URBAN COOPBRATIVE CREDITSOCIETY LTD.,SHARI BAZAR, ATHANI,DIST: BELAGAVI.PAN: AAAAK 7952 O ..... RESPONDENT THIS ITA IS FILED UNDER SECTION QJ6O0A OF T“INCOME-TAX ACT, 1961 PRAYING TO (a) FORMULATE THESUBSTANTIAL QUESTION OF LAW STATED ABOVE; (b) ALLOW THR APPBAL AND SHIT ASIDE THR ORDERS PASSED BY THINCOME TAX APPELLATE TRIBUNAL, PANAJI BENCH PANAulIIN ITA NO.101/PNJ/2015, DTD: 30.07.2015 AND CONFIRM THEORDERPASSED)BY|THREINCOMETAXOFFICER,WARD-1(1), BELAGAVI, 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 the appellants 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 counsel appearing for the appellants is placed on record. Theappeal is dismissed as withdrawn. No costs. Sd/-JUDGE. Naa Sd/-JUDGE.