Ita/43/2012 Of M/S Jai Bharath Metal v. The Deputy Commissioner Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15[TH|]DAY OF JANUARY 2071 PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’‘’BLE MR. JUSTICE NATARAJ RANGASW A LT.A. NO.43 OF 2012BETWEEN: M/S. JAI BHARATH METAL ROLLING MILLSC/O. CENNEYS GATE WAY|97/4, SARADHA COLLEGE ROAD.FIVE ROADS, SALEM-636004REP. BY ITS PARTNER SRL. S. BALAJI|AGED ABOUT 2/7 YEARSS/O SRI. S.S. SHANMUGAM. (BY MR. JINITA CHATTERJEE, ADV., FOR|MR. S. PARTHASARATHI, ADV.,) .... APPELLAN/ AND* THE DEPUTY COMMISSIONEROF INCOME-TAXCIRCLE-1(1), 6TH FLOOR|HMT BHAVAN, BELLARY ROAD|BANGALORE. (BY MR. K.V. ARAVIND, ADV.,) .., RESPONDENT THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 10.11.2010 PASSEDIN ITA NO.17/BANG/2010 AND ORDER DATED 28-09-2011BEARING MP NO.32/BANG/2011 (IN ITA NO.17/BANG/2010), FOR.THE ASSESSMENT YEAR 2006-07, PRAYING TO: | (1) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW,STATED THEREIN.» (ii) ALLOW THE APPEAL AND SET ASIDE THE ORDER DATED.10-11-2010 PASSED BY THE ITAT BEARING ITA NO.17/BANG/2010.AND ORDER DATED 28-09-2011 BEARING MP NO.32/BANG/2011(IN ITA NO.17/BANG/2010), IN THE INTEREST OF JUSTICE AND.EQUITY. THIS|1LT.A. COMING ONFORORDERS,THISDAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Smt.JinitnaCnatterjee,learned.counselfortneaSSCSSCECnas|entered.apDpeadfalNtnrougnVideoconferencing. Mr.K.V.Aravind, learned counsel for the revenue. Learned counsel for the assessee has filed a memo'seeking leave of this Court to withdraw the appeal. Theaforesaid memo is taken on record. Accordingly, the appeal is dismissed as withdrawn. Sd/-JUDGE Sd/-.JUDGE RV