Ita/544/2014 Of M/S. Amblee Resorts International Pvt Limited v. The Income Tax Officer
High Court
24 Sep 2020 In favour of: Revenue
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/544/2014 Of M/S. Amblee Resorts International Pvt Limited v. The Income Tax Officer
Date of order
24 Sep 2020
Assessment year(s)
1995-96
Outcome
Dismissed
Case summary
In Ita/544/2014 Of M/S. Amblee Resorts International Pvt Limited v. The Income Tax Officer, the High Court (2020) dismissed the appeal. The decision went in favour of the Revenue.
Decision: Accordingly, the appeal is dismissed as withdrawn| in terms of liberty as prayed for.
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 BENGALURUDATED THIS THE 24[tn]DAY OF SEPTEMBER 2020.
PRESENT
THE HON’BLE MR. JUSTICE ALOK ARADHE
AND|
THE HON’BLE MR. JUSTICE H.T.NARENDRA PRASAD
LT.A. NO.544 OF 2014
BEI|WEEN
M/S. AMBLEE RESORTS INTERNATIONAL PVT. LIMITEDREPRESENTED BY ITS ERSTWHILE DIRECTORAND AGGRIEVED PERSONSRI. SATISH CHANDRA AMBLEENO.1430, 13 CROSSWEST OF CHORD ROAD|2 STAGE, BANGALORE-S560086.
APPELLANT
(BY SRI. A. SHANKAR, SR. COUNSEL A/WSRI. M. LAVA, ADV.,)
AND"
THE INCOME TAX OFFICERWARD-11(1), R.P. BHAVANOPP. RBI, NRUPATHUNGA ROADBANGALORE-560001.
... RESPONDENT
(BY SRI. K.V. ARAVIND, ADV.,)
THIS IJ§.T.A. IS FILED UNDER SECTION 260-A OI.T.ACT, 1961, ARISING OUT OF ORDER DATED 25-07-2014|PASSED IN ITA NO.63 & 64/BANG/2012 AND CO Nos.84 &|85/BANG/2012 FOR THE ASSESSMENT YEAR 1995-96 AND)1996-97, PRAYING TO:
I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATED ABOVE AND ANSWER THE SAME IN FAVOUR OF THE|APPELLANT.
Il. TO ALLOW THE APPEAL AND SET ASIDE THE FINDINGS|TO THE EXTENT AGAINST THE APPELLANT IN THE ORDER|DATED 25-0/7-2014 PASSED BY THE INCOME TAX APPELLATETRIBUNAL,BANGALORE.BENCH.IN|LTA]NOs.63&64/BANG/2012 AND CO Nos.84 & 85/BANG/2012 FOR THE)ASSESSMENT YEARS 1995-96 AND 1996-97.
THIS I.T.A. COMING ON FOR FINAL HEARING, THISDAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING:
JUDGMENT
Mr.A.Shankar,learned|Senior|counsel for
Mr.M.Lava, learned counsel for the assessee.
Mr.K.V.Aravind, learned counsel for the revenue)
has entered appearance through video conferencing.
?. Learned Senior counsel for the assessee has.filed a memo seeking leave of this Court to withdraw the
appeal with liberty to revive the same, if so required. —
The aforesaid memo is taken on record.
Accordingly, the appeal is dismissed as withdrawn|
in terms of liberty as prayed for.
RV|
Sd/-JUDGE
Sd/-"JUDGE
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