Ita/437/2011 Of Sri E G Amal Kumar v. The Assistant Commissioner Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6[TH|]DAY OF JANUARY 2071 PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’BLE MR. JUSTICE NATARAJ RANGASW AMY BETWEEN: ILT.A. NO.437 OF 2011 SRI. E.G. AMAL KUMARM/S. EGK & SONS”M.G. ROAD, CHURCH STREET.BANGALORE-56000 1. (BY MR. NARENDRA SHARMA, ADV., FORMR. M. LAVA, ADV.,) .... APPELLAN/ AND* THE ASSISTANT COMMISSIONER OF INCOME-TAXCIRCLE1(1), NO.59, HMT BHAVANBELLARY ROAD, GANGANAGAR_BANGALORE-560032. ~. RESPONDENT (BY MR. DILIP KUMAR, ADV., FORMR. K.V. ARAVIND, ADV.,) | THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 04.08.2011 PASSEDIN|M.A.|NO.28(B)/2011LN|LIANO.6(B)/2010AND|LIANO.6/BANG/2010 DATED 14.10.2011, FOR THE ASSESSMENTYEAR 2001-02, PRAYING TO: — (i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW,STATED THEREIN. | (ii) ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO.THE EXTENT AGAINST THE APPELLANT IN THE ORDER PASSED BY. THE TRIBUNAL IN M.A. NO.28(B)/2011 IN ITA NO.6(B)/2010)DATED 04.08.2011 AS ANNEXURE-A AND IN ITA NO.6/BANG/2010DATED 14.10.2011 AS ANNEXURE-B, IN THE INTEREST OFJUSTICE AND EQUITY. THIS ILT.A. COMING ON FOR’ HEARING, THIS DAY, | ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Mr.Narendra Sharma, learned counsel for Mr.M.Lava, learned counsel for the assessee. Mr.Dilip Kumar, learned counsel for Mr.K.V.Aravind,|learned counsel for the revenue. Learned counsel for tne assessee nas 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 For the reasons assigned in the memo, the appeal isdismissed as withdrawn with liberty to the assessee to revivethe same if occasion so arises. Sd/-JUDGE Sd/-.JUDGE