Case LawHigh Court › Ita/415/2012 Of M/S Archidply Industries...

Ita/415/2012 Of M/S Archidply Industries Ltd v. The Deputy Commissioner Of Income Tax

High Court 15 Jul 2021 In favour of: Revenue
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/415/2012 Of M/S Archidply Industries Ltd v. The Deputy Commissioner Of Income Tax
Date of order
15 Jul 2021
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Ita/415/2012 Of M/S Archidply Industries Ltd v. The Deputy Commissioner Of Income Tax, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.

Decision: Accordingly, the appeal stands dismissed as withdrawn with a liberty to the appellant to approach this Court in case need so arises in future.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15 DAY OF JULY, 2021 PRESENT THE HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA AND THE HON'BLE MR. JUSTICE NATARAJ RANGASWAMY ITA NO.415/2012 BETWEEN M/S ARCHIDPLY INDUSTRIES LTDREP BY ITS MANAGING DIRECTORSRI. SHYAM DAGA NO.29/2, G.K. MANOR 1ST FLOOR, NEHRU CIRCLE SHESHADRIPURAM BANGALORE ...APPELLANT (By SRI : M LAVA, ADVOCATE) AND THE DEPUTY COMMISSIONER OF INCOME TAXCIRCLE-11(1) NRUPATHUNGA ROAD R.P. BHAVAN, OPP. RESERVE BANK OF INDIA BANGALORE-01 …RESPONDENT (By SRI : K V ARAVIND, ADVOCATE) THIS ITA IS FILED UNDER SEC.260-A OF I.T. ACT, 1961, ARISING OUT OF ORDER DATED 31/07/2012 PASSED IN ITA NO.1079/BANG/2011, FOR THE ASSESSMENT YEARS 2008-09, PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW AND TO ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO THE EXTENT AGAINST THE APPELLANT IN THE ORDER PASSED BY THE TRIBUNAL IN ITA NO.1079/BANG/2011 DATED 31/07/2012 AND ETC. THIS ITA IS COMING ON FOR HEARING THIS DAY, SATISH CHANDRA SHARMA J., DELIVERED THE FOLLOWING: JUDGMENT A memo has been filed by the learned counsel for the appellant for withdrawal of the appeal as the assessee has approached the Income Tax Department under Vivad Se Vishwas Scheme. The memo is accepted. Accordingly, the appeal stands dismissed as withdrawn with a liberty to the appellant to approach this Court in case need so arises in future. Sd/- JUDGE Sd/- JUDGE
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