Case LawHigh Court › Ita/128/2017 Of M/S Ilc Industries Limit...

Ita/128/2017 Of M/S Ilc Industries Limited v. The Deputy Commissioner Of Income Tax

High Court 05 Apr 2021 In favour of: Revenue
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/128/2017 Of M/S Ilc Industries Limited v. The Deputy Commissioner Of Income Tax
Date of order
05 Apr 2021
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Ita/128/2017 Of M/S Ilc Industries Limited v. The Deputy Commissioner Of Income Tax, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.

Decision: For the reasons assigned in the memo, the appeal is dismissed as withdrawn with liberty to revive the same in case occasion so arises.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 5 DAY OF APRIL, 2021 PRESENT THE HON’BLE Mr. JUSTICE ALOK ARADHE AND THE HON’BLE Mr. JUSTICE M.G.S. KAMAL BETWEEN : -------------- I.T.A. No. 128/2017 M/s. ILC Industries Limited A company incorporated under the Companies Act, 1956 Having its registered office at C-30, Industrial Estate Dam Road, Hospet – 583 203 Rep. herein by its Director Mr. K. Somasekhar Son of K. Subramanyam Having his place of work at The address set out herein above PAN : AABC10361R. … APPELLANT (By Sri. C.K. Nandakuamr, Adv.) AND : ------- The Deputy Commissioner of Income Tax Circle 11(4), Bangalore (Now Central Circle 1(1)) C.R. Building No. 1 Queens Road Bangalore – 560 001. … RESPONDENT (By Sri. Dileep Kumar, Adv., for Sri. K.V. Aravind, Adv.) --- This I.T.A. is filed under Section 260-A of I.T. Act 1961 with a prayer to set aside the impugned order dated 20.09.2016 passed by the Hon’ble ITAT, Bengaluru C Bench, Bengaluru in ITA Nos. 767 to 771/Bang/2014 (in respect of the assessemtn years 2007-08 to 2011-12) and etc. This I.T.A. coming on for Final Hearing this day, ALOK ARADHE J, delivered the following; J U D G M E N T Mr. C.K. Nanda Kumar, learned counsel for the assessee. Mr. Dileep Kumar, for Mr. K.V. Aravind, learned counsel for the revenue. Learned counsel for the assessee has filed a memo seeking leave of this Court to withdraw the appeal. 2. The aforesaid memo is taken on record. For the reasons assigned in the memo, the appeal is dismissed as withdrawn with liberty to revive the same in case occasion so arises. Sd/- JUDGE. Sd/- JUDGE. LRS.
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