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Ita/412/2022 Of The Pr. Commissioner Of Income Tax v. Shri. B. Ravi Kumar Reddy

High Court 10 Jan 2023 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/412/2022 Of The Pr. Commissioner Of Income Tax v. Shri. B. Ravi Kumar Reddy
Date of order
10 Jan 2023
Assessment year(s)
2008-2009
Outcome
Dismissed

Case summary

In Ita/412/2022 Of The Pr. Commissioner Of Income Tax v. Shri. B. Ravi Kumar Reddy, the High Court (2023) 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

Digitally signedby YASHODHA NLocation: HIGHCOURT OFKARNATAKA IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10 DAY OF JANUARY, 2023 PRESENT THE HON'BLE MR. JUSTICE P.S.DINESH KUMAR AND THE HON'BLE MR. JUSTICE G BASAVARAJA INCOME TAX APPEAL NO.412 OF 2022 BETWEEN: 1. THE PR. COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE, C.R.BUILDING QUEEN’S ROAD BENGALURU-560 001 CENTRAL CIRCLE, C.R.BUILDING QUEEN’S ROAD BENGALURU-560 001 2. THE DEPUTY COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE-3, HYDERABAD PRESENT ADDRESS DCIT CENTRAL CIRCLE-1(2) C.R.BUILDING QUEEN’S ROAD PRESENT ADDRESS BENGALURU-560 001 …APPELLANTS (BY SHRI. K.V. ARAVIND, SENIOR STANDING COUNSEL) AND: SHRI. B. RAVI KUMAR REDDYNO.48/1, C.M.MOHAN BUILDING TUMKUR ROADmk YESHWANTHPUR BENGALURU-560 022 PAN- …RESPONDENT (BY SHRI. S. ANNAMALAI, ADVOCATE) THIS ITA IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN AND ALLOW THE APPEAL BY SETTING ASIDE THE ORDERS PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU IN C.O.NO.26/HYD/2014 IN ITA NO.1147/HYD/2013 DATED 04.04.2022 FOR ASSESSMENT YEAR 2008-2009 ANNEXURE-C AND CONFIRM THE ORDER OF THE APPELLATE COMMISSIONER CONFIRMING THE ORDER PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BENGALURU AND ETC. THIS ITA, COMING ON FOR ADMISSION, THIS DAY, P.S.DINESH KUMAR J., DELIVERED THE FOLLOWING: JUDGMENT Shri M.Dilip, learned Standing Counsel for the appellants has filed a memo of even date seeking leave to withdraw this appeal. 2. Memo be kept in record. Leave granted. This appeal is accordingly dismissedas withdrawn. No costs. Sd/- JUDGE Sd/- JUDGE
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