Ita/404/2015 Of Sri J Prashanth Hegde v. Asst Commissioner Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6[TH|]DAY OF JANUARY 2071 PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’BLE MR. JUSTICE NATARAJ RANGASW AMY BETWEEN: 1LT.A. NO.404 OF 2015 SRI. JI. PRAASHANTH HEGD1ST CROSS, MISSION COMPOUNDSHIMOGA-5//2701 (BY MR. NARENDRA SHARMA, ADV., FORMR. A. SHANKAR & MR. M. LAVA, ADVS.,) .... APPELLAN/ AND* ASST. COMMISSIONER OF INCOME TAXCIRCLE-1, GOPALAGOWDA EXIN.,100 FT. ROAD, SHIMOGA-577202. (BY MR. DILIP KUMAR, ADV., FORMR. K.V. ARAVIND, ADV.,) | .., RESPONDENT THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 01.04.2015 PASSEDIN ITA NO.1527/BANG/2013 FOR THE ASSESSMENT YEAR 2006-O07, PRAYING TO: (i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW,STATED ABOVE AND ANSER THE SAME IN FAVOUR OF THE.APPELLANT. | (ii) ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO.THE EXTENT AGAINST THE APPELLANT IN THE ORDER PASSED BY.THE ITAT, BANGALORE BENCH IN ITA NO.1527/BANG/2013— RELATING TO ASSESSMENT YEAR 2006-07 VIDE ITS ORDER.DATED 01-04-2015. THIS I.7T.A. COMING ON FOR’ HEARING, THIS’ DAY, |ALOK ARADHE J.,DELIVERED THE FOLLOWING: | THIS I.7T.A. COMING ON FOR’ HEARING, THIS’ DAY, | JUDGMENT Mr.Narendra Sharma, learned counsel for 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. 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 For the reasons assigned in the memo, the appeal isdismissed as withdrawn with liberty to the assessee to revivethe same if occasion so arises.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 RV