Ita/179/2019 Of The Pr. Commissioner Of Income-Tax v. Ika India Pvt. Ltd

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 20 DAY OF DECEMBER, 2021 PRESENT THE HON’BLE MRS.JUSTICE S.SUJATHA AND THE HON’BLE MR. JUSTICE S.VISHWAJITH SHETTY I.T.A.No.179/2019 BETWEEN : 1 . THE PR. COMMISSIONER OF INCOME-TAX, 5 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU-560 095 5 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU-560 095 2 . THE ASST.COMMISSIONER OF INCOME-TAX CIRCLE-3(1)(1), 2 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU-560 095 ...APPELLANTS (BY SRI K.V.ARAVIND, ADV. A/W SRI DILIP M., ADV.) AND : IKA INDIA PVT. LTD., 814/475, SURVEY NO.129/1, MYSORE ROAD, KENGERI BENGALURU-560 060 PAN:AABCI 9880Q …RESPONDENT (BY SRI SRIKANTH PATIL K., ADV.) THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 12.10.2018 PASSED IN IT(TP)A NO.2476/BANG/2017, FOR THE ASSESSMENT YEAR 2013-2014 PRAYING I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE. II. ALLOW THE APPEAL AND SET ASIDE THE ORDERS TO PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL, BENGALURU IN IT(TP)A NO.2476/BANG/2017 DATED 12.10.2018 FOR ASSESSMENT YEAR 2013-2014 ANNEXURE-D AND CONFIRM THE ORDER OF THE APPELLATE COMMISSIONER CONFIRMING THE ORDER PASSED BY THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(1), BENGALURU. THIS APPEAL COMING ON FOR ORDERS, THIS DAY, S. SUJATHA, J., DELIVERED THE FOLLOWING: J U D G M E N T Learned counsel for the Revenue has filed a memo seeking leave of the Court to withdraw the appeal with liberty to seek revival of the appeal, if the need arises. 2. Memo is placed on record. Permission is granted. Appeal stands dismissed as withdrawn with liberty as sought for. Sd/- JUDGE Sd/- JUDGE