Ita/144/2017 Of Intel Corporation v. The Deputy Commissioner Of Income - Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 28[tn]DAY OF SEPTEMBER 2020. PRESENT THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’BLE MR. JUSTICE M.I. ARUN. 1LT.A. NO.144 OF 2017 BEI|WEEN INTEL CORPORATIONA COMPANY [INCORPORATED UNDERTHE LAWS OF THE UNITED STATES OF AMERICAC/O. INTEL TECHNOLOGY INDIA P. LTDSRR2, NO.23-56P|DEVARABEESANAHALLIOUTER RING ROAD|BANGALORE SOUTH TALUKBANGALORE-5600 37REP. HEREIN BY ITS AUTHORISED SIGNATORY.MS, SUMITA THOMAS. ALSO AT:$ FLOOR, EMBASSY PARAGON BUILDING.SITE NO.6/2 & 6/3, THOOBARAHALLI VILLAGENEAR KUNDALAHALLI GATEITPL ROAD, BANGALORE-3/7. .., APPELLANT— (BY SMT. TANMAYI RAJKUMAR, ADV., FORSRI. T. SURYANARAYANA, ADV.,) AND" 1.THE DEPUTY COMMISSIONER OF INCOME-TAX(INTERNATIONAL TAXATION)(INTERNATIONAL TAXATION) CIRCLE-1(1), BANGALOREBMTC BUILDING, KORAMANGALA 6 BLOCKBANGALORE-560095.BMTC BUILDING, KORAMANGALA 6 BLOCKBANGALORE-560095. 2).THE COMMISSIONER OF INCOME-TAX (INTERNATIONAL TAXATION), BANGALORE| BMTC BUILDING, KORAMANGALA 6 BLOCK BANGALORE-560095. ... RESPONDENTS. (BY SRI. K.V. ARAVIND, ADV.,) THIS IJ§.T.A. IS FILED UNDER SECTION 260-A OI.L.T.ACT, 1961, ARISING OUT OF ORDER DATED 29-11-201PASSED|IN|IT(TP)ANO.135/BANG/2016, FORTHE|ASSESSMENT YEAR 2011-12, PRAYING TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATED ABOVE. Il]. ALLOW THE APPEAL AND SET ASIDE THE I[IMPUGNORDER PRONOUNCED ON 29-11-2016 BY THE TRIBUNAL IN|IT(TPJ)A NO.135/BANG/2016 (ANNEXURE-F), TO THE EXTENTQUESTIONED HEREIN. III. PASS SUCH OTHER OR FURTHER ORDERS AS THIS!HON BLE COURT DEEMS FIT TO GRANT ON THE FACTS AND|IN THE CIRCUMSTANCES OF THE CASE AND IN THE!INTERESTS OF JUSTICE AND EQUITY. THIS I.T.A. COMING ON FOR ORDERS, THIS DAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING: JUDGMENT Smt.Tanmayee Rajkumar, learned counsel! forMr.T.Suryanarayana, learned counsel for the assessee. Mr.K.V.Aravind, learned counsel accepts notice on|behalf of the respondent. ?. Learned counsel for the assessee has filed a.memo seeking leave of this Court to withdraw the appeal. The aforesaid memo is taken on record. 3. For the reasons assigned in the memo, the)appeal is dismissed as withdrawn. RV| Sd/-JUDGE Sd/-"JUDGE