Ita/423/2018 Of M/S Bharath Infra Tech Private Limited v. The Deputy Commissioner Of Income Tax

Digitally signed byMALA K NLocation: HIGHCOURT OFKARNATAKA IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22 DAY OF NOVEMBER, 2022 PRESENT THE HON'BLE MR JUSTICE P.S.DINESH KUMAR AND THE HON'BLE MR JUSTICE T G SHIVASHANKARE GOWDA INCOME TAX APPEAL NO.423 OF 2018 BETWEEN: M/S. BHARATH INFRA - TECH PRIVATE LIMITED, REPRESENTED BY ITS MANAGING DIRECTOR, SRI. DAYANANDA, # 186, 1 CROSS, HOSUR ROAD, WILSON GARDEN, BENGALURU – 560 027. PAN: . …APPELLANT (BY SRI.CHANDRASEKHAR, ADVOCATE) AND: THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -1(2), C R BUILDING, QUEENS ROAD, BENGALURU – 560 001. …RESPONDENT (BY SRI.DILIP M., ADVOCATE FOR SRI.K.V.ARAVIND, STANDING COUNSEL) THIS ITA/INCOME TAX APPEAL UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 19.01.2018 PASSED IN CROSS OBJECTION NO. 211/BANG/2015 , FOR THE ASSESSMENT YEAR 2007-2008, , PRAYING TO A) TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW AS STATED ABOVE AND ANSWER THE SAME IN FAVOUR OF THE APPELLANT. B) TO ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO THE EXTENT AGAINST THE APPELLANT IN THE COMMON ORDER PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, 'C' BENCH, BANGALORE IN CROSS OBJECTION NO. 211/BANG/2015 DATED 19.01.2018 FOR THE ASSESSMENT YEAR 2007-2008 . THIS APPEAL, COMING ON FOR HEARING, THIS DAY P.S. DINESH KUMAR J., DELIVERED THE FOLLOWING: JUDGMENT Shri.Chandrasekhar, learned advocate for the appellant submits that the appeal filed by the Revenue in ITA No.448/2018 has been disposed of on the ground that the tax effect is below the monitory limit. Consequently, this appeal has rendered academic. 2. This submission is not opposed by Shri.Dilip, learned advocate for the Revenue. Accordingly, this appeal is dismissed. No costs. Sd/- JUDGE Sd/- JUDGE GH List No.: 1 Sl No.: 16