Ita/520/2017 Of The Pr Commissioner Of Income Tax v. M/S Global E- Business Operation Pvt Ltd

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22 DAY OF FEBRUARY, 2021 PRESENT THE HON’BLE MR.JUSTICE ALOK ARADHE AND THE HON’BLE MR.JUSTICE NATARAJ RANGASWAMY BETWEEN: I.T.A. NO.520 OF 2017 1. THE PR. COMMISSIONER OF INCOME TAX, 5 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORAMANGALA, BENGALURU-560 095. 2. THE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-11(3),PRESENT CIRCLE-3(1)(2) 2 FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU-560 095. ...APPELLANTS (BY SRI. ARAVIND K.V., ADVOCATE) AND: M/S GLOBAL E-BUSINESS OPERATION PVT. LTD., KALYANI PLATINA, PHASE 2 BLDG., S.NO.1, 6 & 24, KUNDALAHALLI VILLAGE, K.R. PURAM HOBLI, BENGALURU-560 066 PAN: AABCG 2843D. …RESPONDENT (BY MISS. MAHIMA GOUD, ADVOCATE FOR SRI. T.SURYANARAYANA, ADVOCATE) THIS APPEAL IS FILED UNDER SECTION 260-A OF THE INCOME TAX ACT, 1961 ARISING OUT OF ORDER DATED 16.01.2017 PASSED IN IT(TP)A NO.1092/Bang/2011, FOR THE ASSESSMENT YEAR 2007-2008 PRAYING TO (a) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE; (b) ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU IN IT(TP)A NO.1092/Bang/2011 DATED 16.01.2017 AND CONFIRM THE ORDER OF THE DRP CONFIRMING THE ORDER PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(2), BENGALURU IN THE INTEREST OF JUSTICE AND EQUITY. THIS APPEAL COMING ON FOR ORDERS THIS DAY, ALOK ARADHE, J., DELIVERED THE FOLLOWING: JUDGMENT Mrs.Mahima Goud, learned counsel for Mr.T.Suryanarayana, learned counsel for the assessee. 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. 2. The aforesaid memo is taken on record. For the reasons assigned in the memo, the appeal is dismissed as withdrawn with liberty to revive the same in case the occasion so arises. Sd/- JUDGE GH Sd/- JUDGE