Ita/35/2012 Of The Commissioner Of Income-Tax v. M/S Texas Instruments (India) Pvt Ltd

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.35 OF 2012 BETWEEN: 1.|THE COMMISSIONER OF INCOME-TAX LTU, JSS TOWERS, BASK III STAGE BANGALORE. 2.|THE DY. COMMISSIONER OF INCOME-TAX LTU, JSS TOWERS, BSK III STAGE. BANGALORE. (BY MR. K.V. ARAVIND, ADV.,) _... APPELLANTS AND* M/S. TEXAS INSTRUMENTS (INDIA) PVT. LTD., 66/3, BAGMANE TECH PARK.BYRASANDRA, C.V. RAMAN NAGAR POST|BANGALORE-560093. (BY MS. MAHIMA GOUD, ADV.,). .., RESPONDENT THIS I.T.A. IS FILED UNDER SEC. J6O0-A OF INCOME TAXACT 1961, ARISING OUT OF ORDER DATED 29.09.2011 PASSEDIN ITA NO.1358/BANG/2010 FOR THE ASSESSMENT YEAR 2005-06, PRAYING TO: | (i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW,STATED THEREIN. |(ii) ALLOW THE APPEAL AND SET ASIDE THE ORDER DATED.29.09.2011.PASSEDBY|THE|LIAT,BANGALOREIN| ITANO.1358/BANG/2010CONFIRMINGTHE|ORDEROF.THEAPPELLATE COMMISSIONER AND CONFIRM THE ORDER PASSED.BYTHE.DEPUTY.COMMISSIONEROF.INCOME|TAX,|LIU,BANGALORE, IN THE INTEREST OF JUSTICE AND EQUITY. THIS|I.7T.A. COMING ONFORORDERS,THISDAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Mr.Dilip Kumar, learned counsel for Mr.K.V.Aravind,|learned 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 For the reasons assigned in the memo, the appeal is dismissed as withdrawn with liberty to the assessee to revivethe same if occasion so arises. Sd/-JUDGE RV Sd/-—JUDGE