Ita/430/2015 Of The Commissioner Of Income Tax v. M/S Good Rich Aerospace
High Court
11 Dec 2015 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/430/2015 Of The Commissioner Of Income Tax v. M/S Good Rich Aerospace
Date of order
11 Dec 2015
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/430/2015 Of The Commissioner Of Income Tax v. M/S Good Rich Aerospace, the High Court (2015) 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
IN THE HIGH COURT OF KARNATAKA AT BBNGALURU
DATBKD THIS THR 11 DAY OF DECEMBER, 20109
PRESENT
THR HON'BLE MR. JUSTICK VINEBT SARAN|
AND
THR HON’BLE MRS. JUSTICE S.SUJATHA|
ITA NO. 430/2015
BETWEEN:
1.THR COMMISSIONBR OFINCOME-TAX,C.R.BUILDING, QUEENS ROAD,BANGALORE.INCOME-TAX,C.R.BUILDING, QUEENS ROAD,BANGALORE.
D2THE INCOME-TAX OFFICER,
WARD-11(2),RASHTROTHANA BHAVAN,NRUPATHUNGA ROAD,BANGALORE -560 OO1.RASHTROTHANA BHAVAN,NRUPATHUNGA ROAD,BANGALORE -560 OO1.
_.. APPBLLANT
(BY SRI. K.V. ARAVIND-ADV)
AND:
M/S GOOD RICH AEROSPACESERVICE PVT. LTD.,SY.NO.14/1 & 15/1,|MARUTHI INDUSTRIAL ESTATE,PHASE-2, HOODY VILLAGE,WHITEFIELD ROAD,K.R.PURAM HOBLI,|BANGALORE-560 O48. PAN: AAACB &88&5/H... RESPONDENT
THIS JTA IS FILED UNDER SECTION 200A OF THE!INCOME TAX ACT, 1961, ARISING OUT OF ORDER DATED:|27.33.2015 PASSED IN C.O. NO.3/BANG/2015, FOR THEASSESSMENTYEREA2Q0O /-2O0ANDHORMULATETHE;SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE AND ETC.
‘THIS|ITA|COMING ONKHOR ADMISSIONVINEET SARAN J..DELIVERED THE FOLLOWING:
JUDGMENT
THIS DAY, |
The question involved in this appeal is covered by the|decision ot this Court in the case of.Commissioner of
Income Tax -vs- Tata Elxsi Limited (2012) 349 ITR 98.
In the light of the aforesaid judgment, this appealstandsdismissed
2.However, it is submitted by learned Counsel for|the appellants that against the judgment of this Court, an|appeal is filed to the Apex Court and is_ pendingconsideration.
3.In the event of the Apex Court reversing the|judgment of this Court, the assessing authority shall pass|consequential orders in terms of Section 26O0(1A) of theIncome Tax Act, 1961, in conformity with the outcome of theappeal before the Supreme Court.
TTL
Sd/-.JUDGE|
od/-|
JUDGE|
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.
EaseValue