Ita/118/2022 Of M/S. Yokogawa India Ltd v. Assistant Commissioner Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4 DAY OF JULY, 2022 PRESENT THE HON'BLE MR. JUSTICE P.S.DINESH KUMAR AND THE HON’BLE MR. JUSTICE C.M. POONACHA ITA No.118/2022 BETWEEN M/S. YOKOGAWA INDIA LTD PLOT NO.96 ELECTRONIC CITY HOSUR ROAD BENGALURU – 560100 (BY SRI MALLAHAR RAO, ADVOCATE) ...APPELLANT AND ASSISTANT COMMISSIONER OF INCOME TAX LARGE TAXPAYERS UNIT CIRCLE-1 BENGALURU …RESPONDENT THIS ITA / INCOME TAX APPEAL UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 11/03/2021 PASSED IN IT(TP)A NO.1715/BANG/2016, FOR THE ASSESSMENT YEAR 2011-2012 ADMIT THE INSTANT APPEAL TO ANSWER THE SUBSTANTIAL QUESTIONS OF LAW SET OUT IN PARA 22 ABOVE AND SET ASIDE/MODIFY THE IMPUGNED ORDER AT ANNEXURE-A PASSED BY INCOME TAX APPELLATE TRIBUNAL IN IT(TP)A NOS.1715/BANG/2016 FOR ASSESSMENT YEAR 2011-2012 TO THE EXTENT CHALLENGED IN PRESENT APPEAL, AND QUASH ANY PROCEEDINGS INSTITUTED OR CONTEMPLATED PURSUANT TO SUCH DIRECTIONS ISSUED THEREUNDER AND ETC., THIS ITA COMING ON FOR ADMISSION, THIS DAY P.S. DINESH KUMAR J., MADE / DELIVERED THE FOLLOWING: JUDGMENT Shri Mallahar Rao, learned advocate for the appellant has filed a memo of even date seeking leave to withdraw this appeal. 2. Memo be kept in record. Leave granted. Appeal is dismissed as withdrawn in terms of the memo. 3. In view of dismissal of the appeal, I.A.No.2/2021 does not survive for consideration and the same stands disposed of. No costs. SD/- JUDGE BS SD/-JUDGE