Ita/149/2013 Of M/S Sipani Fibres Limited v. The Deputy Commissioner Of Income Tax
High Court
01 Feb 2021 In favour of: Revenue
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/149/2013 Of M/S Sipani Fibres Limited v. The Deputy Commissioner Of Income Tax
Date of order
01 Feb 2021
Assessment year(s)
2006-07
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Ita/149/2013 Of M/S Sipani Fibres Limited v. The Deputy Commissioner Of Income Tax, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.
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 1ST DAY OF FEBRUARY 27027
PRESENT|
THE HON’BLE MR. JUSTICE ALOK ARADHE
AND|
THE HON’‘’BLE MR. JUSTICE NATARAJ RANGASW A
BETWEEN:
I1T.A. NO.149 OF 2013
M/S. SIPANI FIBRES LIMITEDREP. BY SHRI. RAJKUMAR SIPANL|MANAGING DIRECTORNO.309, II] FLOOR, RAHEJA ARCADEKORAMANGALA, BANGALORE-560095.
(BY MR. A. SHANKAR, SR. COUNSEL WITH.
MR. S. ANNAMALAI, ADV., FOR|
MR. M. LAVA, ADV.,)
.... APPELLAN/
AND*
THE DEPUTY COMMISSIONER OF INCOME TAX
CIRCLE-12(3), R.P. BHAVAN
NRUPATUNGA ROAD, BANGALORE-S60001.—
(BY MR. E.I. SANMATHI, ADV.,)—
.., RESPONDENT
THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 09.11.2012 PASSEDIN ITA NO.979 & 980/BANG/2011 FOR THE ASSESSMENT YEAR2006-07, PRAYING TO:
(i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW,STATED THEREIN. |
(ii) ALLOW THE APPEAL AND SET ASIDE THE ORDER DATED.09-11-2012 PASSED BY THE ITAT, BANGALORE A’- BENCH,BANGALORE IN ITA NO.979 & 980/BANG/2011.|
THIS I.7T.A. COMING ON FOR’ HEARING, THIS’ DAY, |
ALOK ARADHE J.,DELIVERED THE FOLLOWING: |
JUDGMENT
Mr.A.Snankar, jiearnecSenior.counsel]for|
Mr.S.Annamalali, learned counsel for the assessee.
Mr.E.I.Sanmathi, learned counsel for the revenue.
Learned counsel for tne assessee nas filed a memo'seeking leave of this Court to withdraw the appeal. Theaforesaid memo is taken on record.
2. For the reasons assigned in the memo, the appeal is_
dismissed as withdrawn with liberty to the assessee to revivetne same if occasion so arises.
Sd/-JUDGE
Sd/-JUDGE
RV
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