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Ita/1070/2006 Of The Commissioner Of Income Tax v. M/S Canfin Homes Ltd

High Court 19 Jul 2012 In favour of: Unclear
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/1070/2006 Of The Commissioner Of Income Tax v. M/S Canfin Homes Ltd
Date of order
19 Jul 2012
Assessment year(s)
Outcome
Other

Case summary

In Ita/1070/2006 Of The Commissioner Of Income Tax v. M/S Canfin Homes Ltd, the High Court (2012) decided the matter.

Decision: Accordingly, this appeal is also disposed of, upholding the order of the Tribunal.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

1ITA 1070/2006 IN THR HIGH COURT OF KARNATAKA AT BANGALORE DATRKRD THIS THE DAY OF JULY 2O12 PRESENT: THE HON’BLE MR.JUSTICE K.SREBDHAR RAQ ANT THR HON’BLE MR.JUSTICBK B.MANOHA INCOME TAX APPEAL No.1070/2006 BEBEIWEH 1.THERE COMMISSIONOF INCOME-TAX,C.R. BUILDING,QUEENS ROAD, BANGALORE. 2.THR DEPUTY COMMISSIONEROF INCOME-TAX,CIRCLE -11(1),BANGALORE. ... APPELLANTS (By Sri G KAMALADHAR, Adv.) PITA 1070/2006 AND: M/S CANFIN HOMES LTD,NO.29/1, 1 FLOOR,M.K.KRISHNA RAO ROAD,BASAVANAGUDI,BANGALORE — 560 OO4. ... RESPONDENT (By Sri S.PARTHASARATHI, Adv.) This ITA is filed u/S.260A of I.T.Act, 1961 arisingout of Order dated 20-01-2006 passed in ITA No.289/Bang/2005 for the Year 1999-00, praying that thisHon'ble Court may be pleased to: i. formulate the substantial questions of law stated926*6+;% 11. allow the appeal and set aside the orders passedby the ITAT,Bangalore in ITA No. 285/Bang/2002 dated20-01-2006 & contirm the order of the AppellateCommissioner by confirming the order passed by theDy.Commissioner of Income Tax, Central Circle-11(2),Bangalore, in the interest of justice and equity. This Appeal coming on for hearing on this day,SREEDHAR RAO, J., delivered the following: GITA 1070/2006 JUDGMENT The ratio laid down by this Court in ITA No.801/2006 disposed of on O1.08.2011 squarelyapplies to the facts and questions of law involved inthis appeal. Accordingly, this appeal is also disposed of, upholding the order of the Tribunal. Thequestions of law are answered against the Revenue. od/- JUDGE od/- JUDGE ,2H
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