Ita/30/2011 Of The Commissioner Of Income Tax v. M/S Texas Instruments ( India ) Pvt., Ltd
High Court
02 Feb 2021 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/30/2011 Of The Commissioner Of Income Tax v. M/S Texas Instruments ( India ) Pvt., Ltd
Date of order
02 Feb 2021
Assessment year(s)
2003-04
Outcome
Dismissed
Case summary
In Ita/30/2011 Of The Commissioner Of Income Tax v. M/S Texas Instruments ( India ) Pvt., Ltd, the High Court (2021) dismissed the appeal. The decision went in favour of the assessee.
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 AT BENGALURU
DATED THIS THE J2JND DAY OF FEBRUARY 270PRESENT|
THE HON’BLE MR. JUSTICE ALOK ARADHE
AND|
THE HON’BLE MR. JUSTICE NATARAJ RANGASW AMYLT.A. NO.30 OF 2011
BETWEEN:
1.|THE COMMISSIONER OF INCOME-TAX
LTU, JSS TOWERS
BSK III STAGE, BANGALORE.
2.|THE ASST. COMMISSIONER OF INCOME-TAX
CIRCLE-12(3), C.R. BUILDING
QUEENS ROAD, BANGALORE.
_... APPELLANTS
(BY MR. K.V. ARAVIND, ADV.,)
AND*
M/S. TEXAS INSTRUMENTS (INDIA) PVT., LTD.,BAGAMANE TECHNOLOGIES PARKC.V. RAMAN NAGAR|
BANGALORE-560093.
(BY MS. MAHIMA GOUD, ADV., FOR)
MR. T. SURYANARAYANA, ADV.,)
.., RESPONDENT
THIS I.T.A. IS FILED UNDER SEC. J6O0-A OF INCOME TAXACT 1961, ARISING OUT OF ORDER DATED 09.09.2010 PASSEDIN ITA NO.381/BANG/2010 FOR THE ASSESSMENT YEAR 2003-04,PRAYING TQ: |
(i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW AS.STATED THEREIN.»
(ii) ALLOW THE APPEAL AND SET ASIDE THE ORDERS.PASSED BY THE ITAT, BANGALORE IN ITA NO.381/BANG/2010DATED QO9-09-20O0LO CONFIRMING THE ORDER OF THE APPELLACOMMISSINONER AND CONFIRM THE ORDER PASSED BY THE.ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-12(3),_BANGALORE IN THE INTEREST OF JUSTICE AND EQUITY.
THIS|1LT.A. COMING ONFORORDERS,THISDAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING: |
JUDGMENT
Mr.Dilip Kumar, learned counsel for Mr.K.V.Aravind,|jearned counsel for the revenue.
Smt.Mahima Goud, learned counsel for the assessee.
Learned counsel for the assessee has 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 For the reasons assigned in the memo, the appeal is_dismissed as withdrawn with liberty to the assessee to revive
the same if occasion so arises.
Sd/-JUDGE
RV
Sd/-JUDGE
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