Case LawHigh Court › Ita/114/2018 Of The Pr Commissioner Of I...

Ita/114/2018 Of The Pr Commissioner Of Income Tax v. M/S Brocade Communications Systems Pvt Ltd

High Court 21 Jan 2019 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/114/2018 Of The Pr Commissioner Of Income Tax v. M/S Brocade Communications Systems Pvt Ltd
Date of order
21 Jan 2019
Assessment year(s)
2010-2011
Outcome
Dismissed

Case summary

In Ita/114/2018 Of The Pr Commissioner Of Income Tax v. M/S Brocade Communications Systems Pvt Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.

Decision: THIS INCOME TAX APPEAL COMING ON FOR ORDERSTHIS|DAY,RAVI.MALIMAIHJo,|DELIVEREDTHE|FOLLOWING: JUDGMENT In view of the memo filed in tne Court today, the appeal is dismissed as witndrawn. | Liberty is granted to the appellants to pursue sucn remedies as available in law. ~ Pending I.A.s stands rejecte...

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 AT BENGALURU ON THE 21 DAY OF JANUARY, 2019. BEFORE. THE HON'BLE MR. JUSTICE RAVI MALIMATH AND THE HON'’BLE MR. JUSTICE B. M. SHYAM PRASAD INCOME TAX APPEAL NO.114 OF 2018 BEI|WEEN 1.THE PR. COMMISSIONER OF INCOME-TAX |& FLOOR, BMTC BUILDING,SO FEET ROAD, KORMANGALA,|BENGALURU-560 O95.& FLOOR, BMTC BUILDING,SO FEET ROAD, KORMANGALA,|BENGALURU-560 O95. 2.THE DEPUTY COMMISSIONER OF INCOME-TAXCIRCLE-1(1)(2),.CIRCLE-1(1)(2),. 2 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA,BENGALURU-560 O95.BENGALURU-560 O95. _.. APPELLANTS (BY SRI ARAVIND K. V., ADVOCATE) AND M/S. BROCADE COMMUNICATIONS|SYSTEMS PRIVATE LIMITED,SURVEY NO.34 OF 1,BAGMANE DEVELOPERS PRIVATE LIMITED, SEZ, 4 FLOOR, BUILDING ‘AMBER’, BAGMANE WORLD TECHNOLOGY CENTRE, SEZ, K.R. PURAM HOBLI,|BENGALURU-560 QO3/,PAN AACCB 449 0N. ... RESPONDENT (BY SMT. MANASA ANANTHAN, ADVOCATE FOR.SRI T. SURYANARAYANA, ADVOCATE) THIS|INCOMETAXAPPEAL|ISFILEDUNDER|SECTION 260-A OF THE INCOME-TAX ACT 1961, ARISING|OUT OF ORDER DATED 13.09.2017 PASSED IN M.P.NO..123/BANG/2017 (IN IT(TPJA NO.331/BANG/2015), FOR.THE ASSESSMENT YEAR 2010-2011 VIDE ANNEXURE-‘D’|PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS.OF LAW STATED ABOVE; ALLOW THE APPEAL AND SET|ASIDE THE ORDERS PASSED BY THE INCOME TAX.APPELLATETRIBUNAL, BENGALURUIN|M.P.NO.|123/BANG/2017 (IN IT(TPJA NO. 331/BANG/2015) DATED.13.09.2017 VIDE ANNEXURE-'D’ CONFIRMING THE ORDER|OF THE DRP AND CONFIRM THE ORDER PASSED BY THE.DEPUTYCOMMISSIONEROF|INCOMETAX,CIRCLE-1(1)(2),|BENGALURUAND|TO)PASS|SUCH|OTHERSUITABLE ORDERS AS THIS HON BLE COURT DEEMS FIT.TO GRANT IN THE FACTS AND CIRCUMSTANCES OF THE.CASE IN THE INTEREST OF JUSTICE AND EQUITY. THIS INCOME TAX APPEAL COMING ON FOR ORDERSTHIS|DAY,RAVI.MALIMAIHJo,|DELIVEREDTHE|FOLLOWING: JUDGMENT In view of the memo filed in tne Court today, the appeal is dismissed as witndrawn. | Liberty is granted to the appellants to pursue sucn remedies as available in law. ~ Pending I.A.s stands rejected. | Sd/- JUDGE JJ. Sd/-| JUDGE
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