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Ita/472/2015 Of The Commissioner Of Income-Tax v. M/S. Microlabs Ltd

High Court 11 Mar 2016 In favour of: Assessee

Forum / Bench

High Court · karnataka_bng_old

Parties

Date of order

11 Mar 2016

Assessment year(s)

—

Outcome

Dismissed

The order — as passed by the High Court

Case summary

In Ita/472/2015 Of The Commissioner Of Income-Tax v. M/S. Microlabs Ltd, the High Court (2016) 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.

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11 DAY OF MARCH, 2016 PRESENT THE HON BLE MR. JUSTICE JAYANT PATEL. AND| THE HON’BLE MRS. JUSTICE B.V.NAGARATHNA| I.T.A. NOs.472/2015 & 473/2015 BETWEEN: 1.THE COMMISSIONER OF INCOME-TAX,LTU, JSS TOWERS,LTU, JSS TOWERS, BSK III STAGE, BANGALORE - 560 O85. 2.|THE DEPUTY COMMISSIONER OF INCOME-TAX,LTU, JSS TOWERS, LTU, JSS TOWERS, BSK III STAGE,BANGALORE —- 560 085. ... APPELLANTS (BY SRI: K.V. ARAVIND, ADVOCATE) AND: M/S. MICROLABS LTD.,NO.2/7, K.C.N. TOWERS,RACE COURSE ROAD,BANGALORE.PAN: . ..,. RESPONDENT| OK OK THESE APPEALS ARE FILED UNDER SEC.260-A OFINCOME|TAXACT1961,ARISINGOUTOFORDER|DATED:05/03/2015 PASSED IN ITA NO.1429/BANG/2013 AND|ITA No.764/BANG/2014, FOR THE ASSESSMENT YEAR 2009-JZOLO. THESE APPEALS COMING ON FOR ADMISSION THIS DAY,JAYANT PATEL J.,DELIVERED THE FOLLOWING :- JUDGMENT Mr. Aravind, learned counsel appearing for theappellants fairly concedes that the questions raised in the present appeals are already covered by the decision of this|Court in I.T.A.No.4/71/2015 decided today (11/3/2016). | 2.|In.tnecircumstances,We|findtnat|No| substantial question of law would arise for consideration in-the present appeals. Hence, potn the appeals are’GISMISSEC. Sd/-— JUDGE Sd/-| JUDGE|

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