Ita/277/2023 Of The Pr. Commissioner Of Income Tax v. M/S Inidabuild Homes Pvt Ltd

Digitally signedby YASHODHA NLocation: HIGHCOURT OFKARNATAKA NC: 2023:KHC:30797-DB ITA No. 277 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29 DAY OF AUGUST, 2023 PRESENT THE HON'BLE MR JUSTICE P.S.DINESH KUMAR AND THE HON'BLE MR JUSTICE T.G. SHIVASHANKARE GOWDA INCOME TAX APPEAL NO. 277 OF 2023 BETWEEN: 1. THE PR. COMMISSIONER OF INCOME TAX 5 FLOOR, BMTC BUILDING 80 FEET ROAD, KORMANAGALA BENGALURU – 560 095. 2. THE INCOME TAX OFFICER WARD-3(1)(1) PRESENT ADDRESS JCIT(OSD), CIRCLE-3(1)(1) 2 FLOOR, BMTC BUILDING 80 FEET ROAD, KORMANGALA BENGALURU – 560 095. …APPELLANTS (BY SHRI. M. DILIP, STANDING COUNSEL) AND: M/S INIDABUILD HOMES PVT LTD NO. 6/A, 2 FLOOR, KABRA EXCELSIOR 7 CROSS, 1 BLOCK KORAMANGALA BENGALURU – 560 034. PAN: AACCI 5152L. …RESPONDENT THIS ITA IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN, ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL, BENGALURU IN ITA NO. 86/BANG/2019 DATED 11.10.2021 FOR ASSESSMENT YEAR 2015-2016 ANNEXURE C AND CONFIRM THE ORDER PASSED BY THE JOINT COMMISSIONER OF INCOME TAX (OSD), CIRCLE 3(1)(1), BENGALURU AND TO PASS SUCH OTHER SUITABLE ORDERS AS THIS COURT DEEMS FIT TO GRANT IN THE FACTS AND CIRCUMSTANCES OF THE CASE IN THE INTEREST OF JUSTICE AND EQUITY. THIS ITA, COMING ON FOR ORDERS, THIS DAY, P.S.DINESH KUMAR, J., DELIVERED THE FOLLOWING: JUDGMENT Shri M.Dilip, learned Standing Counsel for the appellants-Revenue has filed a memo of even date seeking leave to withdraw this appeal. 2. Memo be kept in record. Leave granted. This appeal is accordingly dismissed as withdrawn. 3. In view of disposal of this appeal, pending interlocutory application does not survive for consideration and it stands disposed of. No costs. Sd/- JUDGE YN List No.: 1 Sl No.: 31 Sd/- JUDGE