Ita/176/2019 Of The Pr.commissioner Of Income-Tax,Cit(A) v. M/S Ao Smith India Water
High Court
29 Jul 2021 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/176/2019 Of The Pr.commissioner Of Income-Tax,Cit(A) v. M/S Ao Smith India Water
Date of order
29 Jul 2021
Assessment year(s)
2011-2012
Outcome
Dismissed
Case summary
In Ita/176/2019 Of The Pr.commissioner Of Income-Tax,Cit(A) v. M/S Ao Smith India Water, the High Court (2021) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29 DAY OF JULY, 2021
PRESENT
THE HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA
AND
THE HON’BLE MR. JUSTICE SACHIN SHANKAR MAGADUM
I.T.A NO. 176 OF 2019
BETWEEN:
1. THE PR.COMMISSIONER OF INCOME-TAX,CIT(A) 5 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORAMANGALA, BENGALURU-560 095.
2. THE ASST. COMMISSIONER OF INCOME-TAX CIRCLE-1(1)(1), 2 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU-560 095.
(BY SRI.ARAVIND K V, ADVOCATE)
...APPELLANTS
AND:M/S AO SMITH INDIA WATER PRODUCTS PVT. LTD. NO.300, PHASE II, KIADB, INDUSTRIAL AREA, HAROHALLI, KANAKAPURA TALUK, RAMANAGARA DIST PAN:AAFCA 8954R
(BY SRI.K.R.VASUDEVAN, ADVOCATE)
…RESPONDENT
THIS ITA IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 12.09.2018 PASSED IN C.O.NO.58/BANG/2016 IN ITA 216/B/2016 FOR THE ASSESSMENT YEAR 2011-2012 PRAYING TO I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE, II. ALLOW THE APPEAL AND SET ASIDE THE ORDER PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL, BENGALURU IN C.O.NO.58/BANG/2016 IN ITA 216/B/2016, DATED 12.09.2018 FOR ASSESSMENT YEAR 2011-2012 ANNEXURE-C AND ETC.
THIS APPEAL COMING ON FOR ORDERS THIS DAY, SATISH CHANDRA SHARMA J., DELIVERED THE FOLLOWING:
JUDGMENT
Memo for withdrawal of the appeal is accepted.
The appeal is dismissed as withdrawn.
Liberty is certainly granted to approach this Court again
in case need so arises in future.
Sd/-
JUDGE
Sd/-
JUDGE
CA
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