Ita/238/2017 Of M/S Nyayamitra Sahakari Bank Niyamita v. The Director Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8[TH|]DAY OF JANUARY 2071 PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’BLE MR. JUSTICE NATARAJ RANGASW AMY 1LT.A. NO.238 OF 2017BETWEEN: M/S. NYAYAMITRA SAHAKARIBANK NIYAMITAREP. BY SRI. PRASANNA D.R. GENERAL MANAGER INCHARGEBASEMENT FLOORHIGH COURT BUILDINGDR. AMBEDKAR VEEDHIBANGALORE-560001 PAN No: AAAAN6 339E (BY MR. RAMA MURTHY R, ADV.,) — ADPELLANT AND" THE DIRECTOR OF INCOME TAX|(INTELLIGENCE & CRIMINAL INVESTIGATION)5TH FLOOR, C.R. BUILDING ANNEX|QUEEN'S ROAD, BANGALORE 560001..., RESPONDENT (BY MR. DILIP KUMAR, ADV., FORMR. K.V. ARAVIND, ADV.,) | THIS I.T.A. IS FILED UNDER SEC. J6O0-A OF INCOME TAXACT 1961, ARISING OUT OF ORDER DATED 31.01.2017 PASSEDIN ITA NO.688/BANG/2015 FOR THE ASSESSMENT YEAR 2013-14,PRAYING TQ: | (1) FORMULATE THE SUBSTANTIAL QUESTION OF LAW AS.STATED ABOVE. (ii) ALLOW THIS APPEAL OF THE APPELLANT MODIFYING.THE ORDER OF THE INCOME TAX APPELLATE TRIBUNAL DATED.31-01-2017 IN ITA NO.688/BANG/2015 & ETC. THIS|I.7T.A. COMING ONFORORDERS,THISDAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Mr.Rama Murthy R., learned counsel for the assessee. Mr.Dilip Kumar, learned counsel for Mr.K.V.Aravind,|jearned counsel for the revenue. Learned counsel for tne assessee nas filed a memo'seeking leave of this Court to withdraw the appeal. Theaforesaid memo is taken on record. 2. For the reasons assigned in the memo, the appeal isdismissed as withdrawn with liberty to the assessee to revivethe same if occasion so arises. Sd/-JUDGE Sd/-—JUDGE