Ita/409/2016 Of Sri. Kamlesh Shantilal Oswal Jain v. The Income Tax Officer

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF FEBRUARY 2071 PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’BLE MR. JUSTICE NATARAJ RANGASW AMY BETWEEN: I1T.A. NO.409 OF 2016 SRI. KAMLESH SHANTILAL OSWAL JAIN.PROP: MK TRADINGNO.10 ES LANE, CHICKPET CROSSBANGALORE-560053. (BY MR. A. SHANKAR, SR. COUNSEL WITH.MR. S. ANNAMALAI, ADV., FOR)MR. M. LAVA, ADV.,) .... APPELLAN/ AND" THE INCOME TAX OFFICER|WARD-5(3), BANGALORE-560027.PRESENTLY: THE INCOME TAX OFFICER|WARD 2(3)(3), BMTC BUILDING6TH BLOCK, KORAMANGALA|BENGALURU-560095. ~. RESPONDENT (BY MR. K.V. ARAVIND, ADV.,) THIS I.T.A. IS FILED UNDER SEC. J6O0-A OF INCOME TAXACT 1961, ARISING OUT OF ORDER DATED 18.03.2016 PASSEDIN ITA NO.883/BANG/2013 FOR THE ASSESSMENT YEAR 2009-10,PRAYING TQ: | (i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW AS.STATED ABOVE AND ANSWER THE SAME IN FAVOUR OF THE.APPELLAN!. | (ii) ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO.THE EXTENT AGAINST THE APPELLANT IN THE ORDER PASSED BY.THE INCOME TAX APPELLANT TRIBUNAL, BANGALORE BENCH IN-ITA NO.883/BANG/2013 RELATING TO ASSESSMENT YEAR 2009-10 VIDE ITS ORDER DATED 18.03.2016 & EIC., THIS ILT.A. COMING ON FOR’ HEARING, THIS DAY, |ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Mr.A.Shankar, learned Senior counsel for Mr.M.Lava,|jearned 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 For the reasons assigned in the memo, the appeal is dismissed as withdrawn with liberty to the assessee to revivetne same if occasion so arises. Sd/-JUDGE Sd/-—JUDGE