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Ita/218/2012 Of The Commissioner Of Income Tax v. Karnataka Power Transmission Corporation Ltd

High Court 12 Sep 2012 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/218/2012 Of The Commissioner Of Income Tax v. Karnataka Power Transmission Corporation Ltd
Date of order
12 Sep 2012
Assessment year(s)
2009-2010
Outcome
Dismissed

Case summary

In Ita/218/2012 Of The Commissioner Of Income Tax v. Karnataka Power Transmission Corporation Ltd, the High Court (2012) dismissed the appeal. The decision went in favour of the assessee.

Decision: Accordingly, the appeal is dismissed. psg* od/-.JUDGE od/-.JUDGE

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, BANGALORE DATED THIS THE 12 DAY OF SEPTEMBER, 2012 PRESENT THR HON'BLE MR. JUSTICE K.SREBDHAR RAO ANT) THR HON'BLE MR. JUSTICK B.MANOHAR 1.T.A. No. 218 OF 2012 BE TW BE 1.The Commissioner of Income Tax,LTU,JSS Towers,BSK III Stage,Bangalore. 2.The Asst. Commissioner of Income Tax -TDS,Circle-16(2),HMT Bhavan,Bellary Road,Bangalore. Appellants (By Sri K.V. Aravind, Advocate) ANT) Karnataka Power Transmission Corporation Ltd.,|Bangalore Major Works(S) Division,Ananda Rao Circle, Bangalore-5S60009. Respondent. This I.T.A. is filed U/s.260-A of the I.T. Act, 1961|arising out of Order dated 31.01.2012 passed in ITA No.315/Bang/2011, for the Assessment Year 2009-2010,praying that this Hon’ble Court may be pleased to: |(i) formulate the substantial questions of law stated thereinand (ii) allow the appeal and set aside the order passed bythe ITAT Bangalore in ITA No.315/Bang/2011, 31.01.2012and confirm the order of Appellate Commissioner confirmingthe order passed by the Assistant Commissioner of IncomeTax -TDS, Circle-16(2), Bangalore in the interest of justice|and equity. This appeal is coming on for hearing this day,|SREEDHAR RAO, J..,delivered the following: JU DBGMENT In.VIEWOT the.decisionot this|Court1N L.T.A.No.337/2011, the questions of law arised in thememorandum of appeal are answered against the revenue. Accordingly, the appeal is dismissed. psg* od/-.JUDGE od/-.JUDGE
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