Ita/42/2011 Of The Commissioner Of Income Tax v. M/S Texas Instruments (India) Pvt Ltd

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE J2JND DAY OF FEBRUARY 270PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’BLE MR. JUSTICE NATARAJ RANGASW AMYLT.A. NO.42 OF 2011 BETWEEN: 1.|THE COMMISSIONER OF INCOME-TAX C.R. BUILDING, QUEENS ROAD BANGALORE. 2.|THE DEPUTY COMMISSIONER OF INCOME-TAX. CIRCLE-12(4), C.R. BUILDING QUEENS ROAD, BANGALORE. _... APPELLANTS (BY MR. K.V. ARAVIND, ADV.,) AND* M/S. TEXAS INSTRUMENTS (INDIA) PVT. LTD., 66/3, BAGMANE TECH PARK.BYRASANDRA, C.V. RAMAN NAGAR POST| BANGALORE-560093. .., RESPONDENT (BY MS. MAHIMA GOUD, ADV., FOR)MR. T. SURYANARAYANA, ADV.,) THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 22.09.2010 PASSEDIN ITA NO.1356/BANG/2008 FOR THE ASSESSMENT YEAR 2004-05, PRAYING TO: (i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW,STATED THEREIN. | (ii) ALLOW THE APPEAL AND SET ASIDE THE ORDERS.PASSED BY THE ITAT, BANGALORE IN ITA NO.1356/BANG/2008—DATED 22.09.20L0 AND CONFIRM THE ORDER OF THE APPELLATE.COMMISSIONER CONFIRMING THE ORDER PASSED BY THE.ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-12(4),.BANGALORE, IN THE INTEREST OF JUSTICE AND EQUITY. THIS|1LT.A. COMING ONFORORDERS,THISALOK ARADHE J.,DELIVERED THE FOLLOWING: | DAY, JUDGMENT Mr.Dilip Kumar, learned counsel for Mr.K.V.Aravind,|learned counsel for the revenue. Smt.Mahima Goud, learned counsel for the assessee. Learned counsel for the assessee has 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 For the reasons assigned in the memo, the appeal isdismissed as withdrawn with liberty to the assessee to revive the same if occasion so arises. Sd/-JUDGE RV Sd/-JUDGE