Ita/109/2017 Of M/S. Shushrutha v. The Assistant Director Of Income-Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 16[TH|]DAY OF JANUARY 2071PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’‘’BLE MR. JUSTICE NATARAJ RANGASW A 1LT.A. NO.109 OF 2017BETWEEN: M/S. SHUSHRUTHA|EDUCATIONAL TRUST.REP. BY ITS SECRETARY|DR, L.V.G. NARGUND|NO.2366/27, GURUKRUPA™12TH MAIN, A BLOCK, 2ND STAGERAJAJINAGAR, BENGALURU-560010. (BY MR. CHANDRASHEKAR V, ADV.,MR. M. LAVA, ADV.,) .... APPELLAN/ AND" THE ASSISTANT DIRECTOR OF INCOME-TAX(EXEMPTIONS), CIRCLE 17(2)6TH FLOOR, UNITY BUILDING ANNEXEP. KALINGA ROAD, BENGALURU-560027. (BY MR. DILIP KUMAR, ADV., FORMR. K.V. ARAVIND, ADV.,) | .., RESPONDENT THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 30.09.2016 PASSEDIN CROSS OBJECTION NOS.80 TO 83/BANG/2012 ARISING OUT.OF ITA NO.418 TO 421/BANG/2012, FOR THE ASSESSMENT YEAR-2004-05, 2005-06, 2006-07 AND 2007-08 DATED 30.09.2016(ANNEXURE-A) PRAYING TO(i) FORMULATE THE SUBSTANTIAL QUESTION OF LAW AS.STATED ABOVE AND ANSWER THE SAME IN FAVOUR OF THE.APPELLANT. (ii) ALLOW THE APPEAL TO THE EXTENT AGAINST THE,APPELLANT IN THE ORDER PASSED BY THE ITAT IN CROSS.OBJECTION NOS.80 TO 83/BANG/2012 ARISING OUT OF ITANO.418 TO 421/BANG/2012 FOR THE ASSESSMENT YEARS 2004-O5,2005-06,|2006-07AND|200 /-08DATED30.09.2016(ANNEXURE-A).(iil) PASS SUCH ORDERS, AS THIS HON BLE COURT DEEMS|FIT AND PROPER TO MEET THE ENDS OF JUSTICE. THIS I.T.A. COMING ON FOR’ HEARING, THIS’ DAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Mr.V.Chandrashekar, learned counsel for the assessee. Mr.Dilip Kumar, learned counsel for Mr.K.V.Aravind,|jearned counsel for the revenue. Learned counsel for tne assessee nas filed a memo'seeking leave of this Court to withdraw the appeal with|liberty to revive the same if occasion so arises. Theaforesaid memo is taken on record. 2. For the reasons assigned in the memo, the appeal isdismissed as withdrawn with liberty as aforesaid. Sd/- JUDGE Sd/-—JUDGE