Case LawHigh Court › Ita/362/2013 Of Sri S Nemichand v. The A...

Ita/362/2013 Of Sri S Nemichand v. The Assistant Commissioner Of Income Tax

High Court 29 Mar 2021 In favour of: Revenue
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/362/2013 Of Sri S Nemichand v. The Assistant Commissioner Of Income Tax
Date of order
29 Mar 2021
Assessment year(s)
Outcome
Dismissed

Case summary

In Ita/362/2013 Of Sri S Nemichand v. The Assistant Commissioner Of Income Tax, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.

Decision: Accordingly, the appeal is dismissed as withdrawn witnliberty to the assessee to revive the same if occasion so|arises.

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 BENGALURUDATED THIS THE JZ9OTH DAY OF MARCH 20 PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’/BLE MR. JUSTICE M.G.S. KAMAL 1T.A. NO.362 OF 2013BETWEEN: SRI. S. NEMICHAND|#34, MAMULPET, BANGALORE-560053. (BY MR. M. LAVA, ADV.,) .... APPELLAN/ AND* THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 1(1), H.M.T. BHAVAN 59, BELLARY ROAD, GANGENHALLIBANGALORE-5600 372 .., RESPONDENT (BY MR. DILEEP KUMAR, ADV., FOR)MR. K.V. ARAVIND, ADV.,) | THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 15.03.2013 PASSEDIN ITA NO.363/BANG/2012 AND C.0O.78/BANG/2012 FOR THEASSESSMENT YEAR 1994-95, PRAYING TO: | (i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW,STATED THEREIN. | (ii) ALLOW THE APPEAL AND SET ASIDE THE ORDER.PASSEDBY|THELIAT,'B |BENCH,|BANGALORE|IN|LIlANO.363/BANG/2012 AND C.O0.78/BANG/2012 DATED 15.03.2013. THIS I.7T.A. COMING ON FOR’ HEARING, THIS’ DAY, | ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Mr.M.Lava, learned counsel for the assessee. Mr.Dilip Kumar, learned counsel for Mr.K.V.Aravind,|learned counsel for the revenue. Learned counsel for tne assessee nas filed a memo'seeking leave of this Court to withdraw the appeal on theground that the dispute has been amicably settled underVivad se Vishwas scheme. The aforesaid memo is taken on|recorcd. Accordingly, the appeal is dismissed as withdrawn witnliberty to the assessee to revive the same if occasion so|arises. Sd/-JUDGE Sd/-.JUDGE
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