Ita/226/2016 Of The Bharat Co Operative Bank v. The Income Tax Officer (Tds)

1 IN THE HIGH COURT OF KARNATAKA, BENGALURU| DATED THIS THE 5[th]DAY OF OCTOBER, 2010. PRESENT THE HON’BLE MR.JUSTICE JAYANT PATEL. AND. THE HON’BLE MR.JUSTICE ARAVIND KUMAR| ITA NO.226/2016 BETWEEN: THERE BHARAT CO-OPERATIVE BAN(MUMBAT) LTD.,K.H.ROAD BRANCH.REP. BY ITS DY. GENBRALMANAGER SRI. KISHORE D. KOTIANNO.16, MONEY TERRACE,K.H.ROAD, NEAR KSRITC|CBRNTRAL OFFICEBENGALURU-560 O27. _. APPELLANT (BY SRI. A.ASHANKAR AND SRI. M.LAVA, ADVOCATES) AND: THR INCOME TAX OFFICER(TDS), WARD 2(2),( FLOOR, H M T BHAVANBELLARY ROADBANGALORE-560 032. ~ RBSPONDEBN 2 THIS APPEAL IS FILED UNDER SECTION 260-A OF|INCOME TAX ACT, 1961 PRAYING TO FORMULATE THESUBSTANTIAL QUESTION OF LAW AS STATED ABOVE ANDANSWEHBR THR SAMB IN FAVOUR OF THR APPELLANT ANTO ALLOW THR APPEAL AND SKIT ASIDE THR FINDINGSTO THE BXTBNT AGAINST THE APPBLLANT IN THR ORDERPASSED BY THE INCOME TAX APPELLATE TRIBUNAL,BENGALURUIN|C.O.NO.196/BANG/2015—DATHD04.11.2015 BEING THE CROSS OBJECTION FILED BY THEAPPELLANT IN ITA NO.962/BANG/2015 OF THE APPEALOF THR REVENUK RELATING TO ASSESSMENT YEAR2011-2012.| THIS APPKAL COMING ON FOR ADMISSION THIS|DAY,JAYANT PATEL J,PASSED THE FOLLOWING: ORDER Learned counsel appearing for the appellant states.that in view of the decision oft this Court dated21.06.2016 passed in ITA No.604/2015 and allied|matters, he does not press the present appeal with|liberty to press the question of limitation by revival ofthe present appeal in the event matter is carried by the|revenue before Apex Court against the order dated|21.06.2016 in ITA No.604/2015 and allied matters as| O| well as in the present case and Hon’ble Apex Court on|merits finds that TDS was deductable. 2 Permission granted. Appeal shall stand. disposed of as not pressed. SD/- JUDGE SD/-| JUDGE *Sp