Ita/122/2015 Of The Commissioner Of Income-Tax v. M/S. Karnataka Power Corporation Ltd

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATEHKRD THIS THE DAY OF SEPTEMBER, 2015, PRESENT THE HON'BLE MR. JUSTICE VINEET SARAN AND| THE HON’BLE MR. JUSTICE B.MANOHAR| ITA NO. 122/2015 BETWEHR 1.THE COMMISSIONER OF INCOME-TAX, C.R.BUILDING, QUEENS ROAD, BANGALORE. 2.THE ASST.COMMISSIONER OF INCOME-TAX, CIRCLE-11(5), RASHTROTHANA BHAVAN, NRUPATHUNGA ROADBANGALORE — 560 001.BANGALORE — 560 001. .. APPELLANTS. (BY SRLK.V.ARAVIND , ADV.A/W E..LSANMATHI, ADV.) AND M/S. KARNATAKA POWER CORPORATION LTD.,(PERTAINING TO ERSTWHILE M/S VISVESVARAYAVIDYUTH NIGAMA LTD.,)SHAK THI BHAVAN, NO.82,RACE COURSE ROAD,BANGALORE — 560 001.PAN: RESPONDENT THIS ITA IS FILED UNDER SKC.260-A OF INCOME TAXACT 1961, ARISING OUT OF ORDER DATED: 28.11.2014 PASSED INITA NO.84/BANG/2013, FOR THE ASSESSMENT YEAR 2005-2006.|PRAYING TO ALLOW THR APPKAL AND SEKI ASIDE THEORDERS PASSED BY THE ITAT, BANGALORE, CONFIRM THE|ORDER OF THK APPELLATE COMMISSIONER CONFIRMING THE.ORDER PASSED BY THER ASST. COMMISSIONER OF INCOMETAX, CIRCLE-11(5), BANGALORE. THISITA!COMING.ONFORADMISSIONTHISDAY,VINFFT SARANJ.DELIVERED THER FOLLOWING: JUDGMENT We have heard Sri K.V.Aravind, learned counsel for the|appellants and perused the records. © 2It is not disputed that the questions involved in this appeal are covered by the decision of this Court in the case of Commissioner of Income Tax -vs- M/s Karnataka Power Corporation Ltd. (ITA Nos.404 & 405/2014)decided on 13.07.2015 wherein, in the case of the same assessee for different assessment years, similar questions were involved and have beenanswered in favour of the assessee. 3 |As such, in view of the aforesaid judgment dated13.07.2015, we are of the opinion that no substantial question oflaw arises for determination by this Court. TL The appeal is accordingly|dismissed. Sd/- JUDGE Sd/-JUDGE|