Ita/150/2014 Of The Director Of Income Tax v. M/S Suez Tractebel S A

IN THE HIGH COURT OF KARNATAKA AT BENGALURUDATED THIS THE O8TH DAY OF FEBRUARY 27071PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’‘’BLE MR. JUSTICE NATARAJ RANGASW AILT.A. NO.150 OF 2014 BETWEEN: 1.|THE DIRECTOR OF INCOME TAX| INTERNATIONA TAXATION. RASHTROTHANA BHAVAN NRUPATHUGNA ROAD, BANGALORE. 2.|THE DY.DIRECTOR OF INCOME TAX (INTERNATIONAL TAXATION)| CIRCLE-II(1), RASHTROTHANA BHAVAN NRUPATHUNGA ROAD BANGALORE. (BY MR. K.V ARAVIND, ADVOCATE) _... APPELLANTS AND* M/S SUEZ TRACTEBEL S A)C/O BSR & CO., 11-12/1 INNER RING ROADKORAMANGALABANGALORE-560 O/1.. .., RESPONDENT (BY MR. PRASHANTH KUMAR D., FOR ADVOCATE) THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 04.10.2013 PASSEDIN IT(TP)A NO.653/BANG/2009 FOR THE ASSESSMENT YEAR2002-03, PRAYING TO: (1) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW,STATED ABOVE. (ii) ALLOW THE APPEAL AND SET ASIDE THE ORDER OF THE,INCOME TAX APPELLATE TRIBUNAL DATED: 04.10.2013 BEARING.IN IT(TP)A NO.653/BANG/2009 FOR THE ASSESMENT YEAR2002-03. IN IT(TP)A NO.653/BANG/2009 FOR THE ASSESMENT YEAR THIS ILT.A. COMING ON FOR’ HEARING, THIS DAY, |ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Mr.K.V.Aravind, learned counsel for the revenue. Mr.Prashanth Kumar D., learned counsel for the aSse@ess€e Learned counsel for the assessee submits that the|matter nas been amicably settled under Vivad se VisnwasScheme and Form No.3 has been issued in favour of theassessee. Tne aforesaid statement is taken on record. 2. In view of the aforesaid statement, tne appeal preferred by the revenue is disposed of with liberty to revive tne same if occasion so arises. Sd/-JUDGE Sd/-—JUDGE