Ita/159/2020 Of Principal Commissioner Of Income Tax v. M/S Karnataka Industrial Areas Development Board

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF NOVEMBER 27072PRESENT THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’BLE MR. JUSTICE H.T.NARENDRA PRASADILT.A. NO.159 OF 2020 BEITWEEN 1.PRINCIPAL COMMISSIONER OF INCOME-TAX (EXEMPTIONS), UNITY BUILDING ANNEXE MISSION ROAD, BENGALURU-56002/. 2D.DEPUTY COMMISSIONER OF INCOME-TAX| (EXEMPTIONS), UNITY BUILDING ANNEXE MISSION ROAD, BENGALURU-56002/. ... APPELLANTS (BY SRI. SANMATHI E.I. ADV.) AND M/S. KARNATAKA INDUSTRIAL |AREAS DEVELOPMENT BOARDNO.49, 4TH & 5TH FLOOR.KHANILA BHAVAN|RACE COURSE ROAD|BENGALURU-560001 PAN: AAATK 1305]. | ... RESPONDENT (BY SRI. SHARATH SACHIDANANDA, ADV., FOR. SRI. K.K. CHYTHANYA, ADV.,) THIS I.T.A. IS. FILED UNDER SECTION 260-A OFI.T.ACT, 1961, ARISING OUT OF ORDER DATED 17-06-2019PASSED IN ITA NO.254/BANG/2019, FOR THE ASSESSMENTYEAR 2013-14, PRAYING TO: I. DECIDE THE FOREGOING QUESTION OF LAW AND/ORSUCH OTHER QUESTIONS OF LAW AS MAY BE FORMULATEDBY THE HON BLE COURT AS DEEMED FIT.| Il. SET ASIDE THE APPELLATE ORDER DATED 1/7-06-2019PASSED BY THE ITAT, C’ BENCH, BANGALORE, IN APPEALPROCEEDINGS ITA NO.254/BANG/2019 (ANNEXURE A) FORTHE ASSESSMENT YEAR 2013-14 AS SOUGHT FOR IN THISAPPEAL, AND TO GRANT SUCH OTHER RELIEF AS DEEMED|FIT, IN THE INTEREST OF JUSTICE. THIS 1.7T.A. COMING ON FOR ADMISSION, THIS DAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING: JUDGMENT This appeal under Section 260-A of the Income TaxAct, 1961 (hereinafter referred to as ‘the Act’, for short).has been preferred by the revenue. The subject matter|of the appeal pertains to the Assessment Year 2013-14. 2. We nave neard tne learned counsel for tnerevenue at length. From perusal of paragraph 6 of the|order passed by the Income Tax Appellate Tribunal, it is.evident that the Tribunal has relied upon the orderpassed in the previous Assessment Years i.e. 2009-10. and 2010-11. Being aggrieved by the aforesaid orders|passed by the Tribunal, the revenue had filed an appealnamely ITA No.205/2016, which has been dismissed bythis Court by an order dated 13.09.2020. 3. For the aforementioned reasons, no substantialquestion of law arises for consideration in this appeal.In the result, the appeal fails and is dismissed. Sd/-JUDGE Sd/-'JUDGE RV