Case Law › High Court › Ita/427/2014 Of The Commissioner Of Inco...

Ita/427/2014 Of The Commissioner Of Income-Tax v. M/S Karnataka Power

High Court 30 Jan 2015 In favour of: Assessee

Forum / Bench

High Court · karnataka_bng_old

Parties

Date of order

30 Jan 2015

Assessment year(s)

2003-2004

Outcome

Dismissed

Case summary

In Ita/427/2014 Of The Commissioner Of Income-Tax v. M/S Karnataka Power, the High Court (2015) dismissed the appeal. The decision went in favour of the assessee.

Decision: 3.Appeal is dismissed as withdrawn.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATBD THIS THR 30 DAY OF JANUARY, 2015 PRESENT THR HON' BLE MR. JUSTICK N. KUMAR ANT) THR HON' BLE MR. JUSTICEK B. VEBRAPPA INCOME TAX APPEAL No.427 /201 BBRTWEHR 1.)THE COMMISSIONER OF INCOME-TAX, C.R. BUILDING, QUEENS ROAD, BANGALORE. iaTHE ASSISTANT COMMISSIONER OF INCOME-TAX,CIRCLE-11(5),CIRCLE-11(5), RASHTROTHANA BHAVAN, NRUPATHUNGA ROAD,BANGALORE-560 OO].BANGALORE-560 OO]. _ APPBRLLANTS| (BY SRI. K V ARAVIND, ADVOCATE) AND: M/S. KARNATAKA POWER CORPORATION LTD.,SHAKTHI BHAVAN, No.32, RACE COURSE ROAD,BANGALORE.| —. RBSPONDBENT THIS ITA IS FILED UNDER SECTION 260-A OFTHE INCOME TAX ACT, 1961, ARISING OUT OF)ORDBR DATHD 09.05.2014 PASSED IN [TTA NO.961/BANG/2006, FOR THE ASSESSMENT YEAR 2003-2004, PRAYING TO FORMULATE THE SUBSTANTIAL|QUESTIONS OF LAW STATED THEREIN AND TO)ALLOW THER APPEAL AND SHIT ASIDE THE ORDERPASSEDBY|THEITAT,BANGALORE|TN|ITANo.961/BANG/2006 DATED:09.05.2014 CONFIRMINGTHR ORDBR OF THR APPBLLATR COMMISSIONER|AN 1CONFIRMTHEORDERPASSEDBYTHEASSISTANTCOMMISSIONER.ORINCOMETAX,CIRCLE-11(5), BANGALORE. THIs ITA COMING ON FOR ORDERS THIS DAY,N. KUMAR, J., DELIVERED THE FOLLOWING: JUDGMENT A memo is filed by the appellant tor withdrawing the| appeal. iaThe said memo is taken on record. 3.Appeal is dismissed as withdrawn. Sbs* SId/-.JUDGE| od/- JUDGE

Facing a similar income-tax issue?

Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.

✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA

This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.

Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.