Ita/571/2015 Of The Karnataka State Co-Operative Apex Bank Limited v. The Assistantcommissioner,Of Income Tax

1 IN THR HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21 DAY OF JULY, 2010. PRESENT THR HON’BLE MR.JUSTICE JAYANT PATEL AND THR HON’BLE MR.JUSTICE B.SRBBNIVASKH GOWDA ITA NO.571/2015 C/W ITA Nos.572,573,574,575,576,577,578,579,580,581,582,583,584,585/2015 IN ITA NO.571/2015 BETWERE THR KARNATAKA STATE CO-OPBRATIVE |APEX BANK LIMITED,|MAGADI ROAD BRANCH, REP. BY SRI. RANGASWAMY K. K, THE BRANCH MANAGER, NO.70, 11 CROSS, MAGADI ROAD, BANGALORE - 560 O23. ... APPELLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: THER ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-16(2), NO.59, 4 FLOOR, 2 HMT BHAVAN, BELLARY ROAD, BENGALURU - 560 O32. ... RESPONDENT (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) THIS TTA IS FILED UNDER SEC.2Z60-A OF INCOMETAX|ACT1961,|ARISINGOUT.OF|ORDERDATHD.30/04/2015 PASSED IN C.O. NO.48(B)/2015 BEING THE|CROSS OBJECTION FILED BY THER APPELLANT IN ITA NO.1408(B)/2014, FOR THE ASSESSMENT YEAR 2011-2012.PRAYING THIS HON BLE COURT TO 1. TO FORMULAELETHE SUBSTANTIAL QUESTION OF LAW AS STATED ABOVEAND ANSWER THR SAMB IN FAVOR OF THR APPBLLANT.2. TO ALLOW THR APPEAL AND SEI ASIDE THE FINDINGSTO THER BXTENT AGAINST THER APPELLANT IN THE ORDEPASSED BY THE ITAT, BENGALURU IN C.O.NO. 48(B)/2015DATED:30/04/2015 BEING THE CROSS OBJECTION FILEDBY THE APPELLANT IN ITA NO. 1408(B)/2014 OF THE|APPBRAL OF THR REVBNUB RBLATING TO FINANCIAL YKBA2010-11, ASSESSMENT YEAR 2011-2012. IN ITA NO.572/2015 BETWERE THR KARNATAKA STATE CO-OPBRATIVEAPEX BANK LIMITED,|SHIVAJINAGAR BRANCH,REP. BY KUM. CHANDRIKA N,THE BRANCH MANAGER,NO.26/3, BOWRING HOSPITAL ROAD,SHIVAJINAGAR,BANGALORE -560 OO1.... APPBLLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) ‘ AND: THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-16(2), NO.59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD, BENGALURU - 560 032. ... RESPONDENT| (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) THIS [TA IS FILED UNDER SKC.VJ60-A OF INCOMETAX|ACT1961,ARISINGOUT.OF|ORDERDATHD.30/04/2015 PASSED IN C.O.NO. 49(B)/2015 BEING THE|CROSS OBJECTION FILED BY THR APPELLANT IN ITA NO.1409(B)/2014, FOR THE ASSESSMENT YEAR 2011-2012.PRAYING THIS HON'BLKE COURT TO 1. TO FORMULATETHE SUBSTANTIAL QUESTION OF LAW AS STATED ABOVEAND ANSWER THR SAMB IN FAVOR OF THR APPBLLANT.2. TO ALLOW THERE APPBAL AND SET ASIDE THE FINDINGTO THR BXTEBENT AGAINST THR APPELLANT IN THR ORDEPASSED BY THE ITAT, BENGALURU IN C.O.NO. 49(B)/2015DATED:30/04/2015 BEING THE CROSS OBJECTION FILEDBY THE APPELLANT IN ITA NO. 1409(B)/2014 OF THE)APPBRAL OF THR REVBNUB RBLATING TO FINANCIAL YKBA2010-11, ASSESSMENT YEAR 2011-2012. IN ITA NO.573/2015 BETWEEN THR KARNATAKA STATE CO-OPBRATIVE | APEX BANK LIMITED,|GANGANAGAR BRANCH,REP. BY SRI. NAGARAJ N,THE BRANCH MANAGER, A NO. 18/2, 5 MAIN ROAD,GANGENAHALLI LAYOUT, BANGALORE —- 560 032. ... APPELLANT| (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: THER ASSISTANT COMMISSIONEROF INCOME TAX, CIRCLE-16(2), NO.59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD, BBNGALURU - 560 032. —. RESPONDENT (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) THIS TTA IS FILED UNDER SEC.2Z60-A OF INCOMETAX|ACT1961,|ARISINGOUT.OF|ORDERDATHD.30/04/2015 PASSED IN C.O.NO. 30(B)/2015 BEING THE|CROSS OBJECTION FILED BY THER APPELLANT IN ITA NO.1410(B)/BANG/2014,KORTHERASSESSMENT|2011-2012. PRAYING THIS HON'BLE COURT TO A) TO)FORMULATE THE SUBSTANTIAL QUESTION OF LAW ASSTATHKHD ABOVE AND ANSWER THR SAME IN FAVOR OTHE APPELLANT. B) TO ALLOW THE APPEAL AND SETASIDE THK FINDINGS TO THR BEXITENIT AGAINSIT APPELLANT IN THE ORDER PASSED BY THE MITAT,BENGALURU IN C.O.NO. SO(B)/20195 DATED:30/04/2015BEING THE CROSS OBJECTION FILED BY THE APPELLANTIN ITA NO. 1410(B)/2014 OF THE APPEAL OF THE|REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-12. YRHAR 5 IN ITA NO.574/2015 BETWEEN THER KARNATAKA STATE CO-OPERATIVE THIS TTA IS FILED UNDER SEC.2Z60-A OF INCOMETAX|ACT1961,|ARISINGOUT.OF|ORDERDATHD.30/04/2015 PASSED IN C.O.NO. 30(B)/2015 BEING THE|CROSS OBJECTION FILED BY THER APPELLANT IN ITA NO.1410(B)/BANG/2014,KORTHERASSESSMENT|2011-2012. PRAYING THIS HON'BLE COURT TO A) TO)FORMULATE THE SUBSTANTIAL QUESTION OF LAW ASSTATHKHD ABOVE AND ANSWER THR SAME IN FAVOR OTHE APPELLANT. B) TO ALLOW THE APPEAL AND SETASIDE THK FINDINGS TO THR BEXITENIT AGAINSIT APPELLANT IN THE ORDER PASSED BY THE MITAT,BENGALURU IN C.O.NO. SO(B)/20195 DATED:30/04/2015BEING THE CROSS OBJECTION FILED BY THE APPELLANTIN ITA NO. 1410(B)/2014 OF THE APPEAL OF THE|REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-12. YRHAR 5 IN ITA NO.574/2015 BETWEEN THER KARNATAKA STATE CO-OPERATIVE APEX BANK LIMITED,|KENGERI SATELLITE TOWN BRANCH,REP. BY SRI. B. S. BADAGI,THE BRANCH MANAGER,NO.867, 1 MAIN, 6 CROSS,KENGERI SATELLITE TOWN, BANGALORE-560 OOO. ... APPELLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: THER ASSISTANT COMMISSIONER OF INCOME TAX,CIRCLE-16(2), NO.59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD, BENGALURU - 560 032. ... RESPONDENT| (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) THIS [TA IS FILED UNDER SKC.VJ60-A OF INCOMETAX|ACT1961,ARISINGOUT.OF|ORDER|DATED:30/04/2015 PASSED IN C.O. NO.51/BANG/2019|BEING CROSS OBJECTION FILED BY THE APPELLANT IN]ITA NO. 1411(B)/2014 OF THE APPEAL, FOR THEASSESSMENT YRBAR 2011-12. PRAYING THIS HON'BLECOURT TO I. FORMULATE THE SUBSTANTIAL QUESTIONSOF LAW STATBKD ABOVE. Il. ALLOW THE APPEAL AND SETASIDE THE ORDER PASSED BY THE ITAT, BENGALURU IN|C.O.NO. 01(B)/2015DATED:30/04/2015BEINGTHE 6 CROSS OBJECTION FILED BY THR APPELLANT IN ITA NO.1411(B)/2014|OF|THE.APPEALOF|THEREVENUERELATING TO FINANCIAL YEAR 2010-2011, ASSESSMENTYEAR 2011-2012. IN ITA NO.575/2015 BETWEEN THR KARNATAKA STATE CO-OPBRATIVE |APEX BANK LIMITED,|BASAVESHWAR NAGAR BRANCH, REP. BY SRI.KRISHNA MURTHY N. 8S.,THE BRANCH MANAGER,NO.1, 1 MAIN, 3 STAGE, |BASAWESWARNAGAR,| BANGALORE - 560 O79. ... APPELLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: THE ASSISTANT COMMISSIONEROF INCOME TAX,CIRCLE-16(2), NO.59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BBNGALURU - 560 032. —. RESPONDENT (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) THIS [TA IS FILED UNDER SEC.260-A OF INCOME|TAX|ACT1961,ARISINGOUT.OF|ORDERDATHD.30/04/2015 PASSED IN C.O.NO.52(B)/2015 BEING THE|CROSS OBJECTION FILED BY THR APPELLANT IN ITA NO.1415(B)/2014, FOR THE ASSESSMENT YEAR 2011-2012. 7 PRAYING THIS HON'BLKE COURT TO 1. TO FORMULATETHE SUBSTANTIAL QUESTION OF LAW AS STATED ABOVEAND ANSWER THE SAME IN FAVOR OF THE APPELLANT.2. TO ALLOW THERE APPBAL AND SET ASIDE THE FINDINGTO THR BXTEBENT AGAINST THR APPELLANT IN THR ORDEPASSED BY THE ITAT, BENGALURU IN C.O.NO. 52(B)/2015DATED:30/04/2015 BEING THE CROSS OBJECTION FILEDBY THE APPELLANT IN ITA NO. 1415(B)/2014 OF THE)APPBRAL OF THR REVBNUB RBLATING TO FINANCIAL YKBA2010-11, ASSESSMENT YEAR 2011-2012. IN ITA NO.576/2015 BETWERE THR KARNATAKA STATE CO-OPBRATIVE APEXBANK LIMITED,LAKKASANDRA EXTENSION BRANCH,REP. BY SRI. KRISHNAPPA B.M.,THE BRANCH MANAGER,NO.2959/1, 1 CROSS,WILSON GARDEN, HOSUR MAIN ROAD,BANGALORE - 560 O27. ... APPELLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: THE ASSISTANT COMMISSIONEROF INCOME TAX,CIRCLE-16(2), NO.59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BBNGALURU - 560 032. —. RESPONDENT (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) IN ITA NO.576/2015 BETWERE THR KARNATAKA STATE CO-OPBRATIVE APEXBANK LIMITED,LAKKASANDRA EXTENSION BRANCH,REP. BY SRI. KRISHNAPPA B.M.,THE BRANCH MANAGER,NO.2959/1, 1 CROSS,WILSON GARDEN, HOSUR MAIN ROAD,BANGALORE - 560 O27. ... APPELLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: THE ASSISTANT COMMISSIONEROF INCOME TAX,CIRCLE-16(2), NO.59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BBNGALURU - 560 032. —. RESPONDENT (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) THIS [TA IS FILED UNDER SEKC.260-A OF [INCOMTAX|ACT1961,|ARISINGOUT.OF|ORDERDATBD.30/04/2015 PASSED IN C.O.NO. 933(B)2015 BEING THECROSS OBJBCTION FILED BY THR APPKELLANT IN [TANO.1416(B)/2014,FORTHE.ASSESSMENT|2011-2012,PRAYING THIS HON'BLK COURT TO [. TOFORMULATE THE SUBSTANTIAL QUESTION OF LAW ASSTATHKHD ABOVE AND ANSWER THR SAME IN FAVOR OTHR APPELLANT. . TO ALLOW THR APPKAL AND SEASIDE THR FINDINGS TO THR BXTENT AGAINST THE}APPELLANT IN THE ORDER PASSED BY THE MITAT,BENGALURU IN C.O.NO. 53(B)/2015 DATED:30/04/2015|BBING THE CROSS OBJECTION FILED BY THR APPELLANTIN ITA NO. 1416(B)/2014 OF THE APPEAL OF THE)REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-2012. YRBRAR IN ITA NO.577 OF 2015 BETWEEN THRE KARNATAKA STATE CO-OPERATIVE APEKX BANK LIMITEDKORAMANGALA BRANCH.REP. BY SRI. M.S. GOROVAR,THER BRANCH MANAGERNO. 28/A, 2 BLOCK,KORAMANAGALA>BANGALORE-560095_ _. APPEKELLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS..,) AND THE ASSISTANT COMMISSIONEROF INCOME TAX.CIRCLE-16(2), # 59, 4 FLOOR, HMT BHAVAN, BELLARY ROAD,BENGALURU-560032 ... RESPONDENT (NOTICE NOT ORDERED IN R/O RESPONDENT) THIS [TA IS FILED UNDER SEKC.260-A OF [INCOMTAX|ACT19601,ARISING|OUT.OF|ORDER|DATED:30/04/2015 PASSED IN C.O.NO. 54(B)/2015 BEINGTHR CROSS OBJBCTION FILED BY THR APPBKRLLANT IN ITNO. 1417(B)/2014, FOR THE ASSESSMENT YEAR 2010-2O1I1,PRAYINGTHIS|HON BLECOURTTO:Ll.TOFORMULATE THE SUBSTANTIAL QUESTION OF LAW ASSTATHKHD ABOVE AND ANSWER THR SAME IN FAVOUR OTHR APPELLANT. 2. TO ALLOW THER. APPEAL AND SEASIDE THK FINDINGS TO THR BEXITENIT AGAINSIT APPELLANT IN THE ORDER PASSED BY THE MITAT,BENGALURU IN CO NO. 54(B)/2015 DATED: 30/04/2015|BEING THE CROSS OBJECTION FILED BY THE APPELLANTIN ITA NO. 1417(B)/2014 OF THE APPEAL OF THE|REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-12. IN ITA NO 578 OF 2015 BETWEEN THER KARNATAKA STATE CO-OPERATIVE APEKX BANK LIMITEDVYALIKAVAL BRANCH,|REP. BY SRI. THIMME GOWDA GTHER BRANCH MANAGERNO. 29, ANUGRAHA COMPLEX12 CROSS, SUDHEENDRANAGARMALLESHWARAM, GUTTAHALLI MAIN ROADBANGALORE -560003 _. APPELLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS., ) 10 AND THE ASSISTANT COMMISSIONEROF INCOME TAX.CIRCLE-16(2), # 59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BENGALURU-560032. —. RBSPONDBENT (NOTICE NOT ORDERED IN R/O RESPONDENT), THIS [TA IS FILED UNDER SEC.260-A OF INCOME|TAX|ACT1961,ARISINGOUT.OF|ORDER|DATED:30/04/2015 PASSED IN C.O.NO. 55(B)/2015 BEINGCROSS OBJECTION FILED BY THR APPELLATE IN ITANO.1418(B)/2014, FOR THE ASSESSMENT YEAR 2011-12,PRAYING THIS HON BLE COURT TO: 1. TO FORMULATE|THE SUBSTANTIAL QUESTION OF LAW AS STATED ABOVEAND ANSWER THE SAMB IN FAVOUR OF THR APPBLLANT.2. TO ALLOW THER APPEAL AND SEI ASIDE THE FINDINGSTO THR EXTENT AGAINST THR APPKALANT IN THR ORDERPASSED BY THE ITAT, BENGALURU IN C.O.NO. 59(B)/2015DATED:30/04/2015 BEING THE CROSS OBJECTION FILEDBY THE APPELLANT IN ITA NO. 1418(B)/2014 OF THE|APPBRAL OF THR REVBNUB RBLATING TO FINANCIAL YKBA2OLO-11, ASSESSMENT YEAR 2011-12.. IN ITA NO 579 OF 2015 BETWEEN THER KARNATAKA STATE CO-OPERATIVE APEKX BANK LIMITEDRT NAGAR BRANCHREP. BY SRI. H M KHARVI,THER BRANCH MANAGERNO.19/4 & 3, DINNUR MAIN ROAD,RT NAGAR, BANGALORE-560032| —. APPKRLLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS..,) 11 AND THE ASSISTANT COMMISSIONEROF INCOME TAX.CIRCLE-16(2), # 59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BENGALURU-560032| —. RBSPONDBENT IN ITA NO 579 OF 2015 BETWEEN THER KARNATAKA STATE CO-OPERATIVE APEKX BANK LIMITEDRT NAGAR BRANCHREP. BY SRI. H M KHARVI,THER BRANCH MANAGERNO.19/4 & 3, DINNUR MAIN ROAD,RT NAGAR, BANGALORE-560032| —. APPKRLLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS..,) 11 AND THE ASSISTANT COMMISSIONEROF INCOME TAX.CIRCLE-16(2), # 59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BENGALURU-560032| —. RBSPONDBENT (NOTICE NOT ORDERED IN R/O RESPONDENT), THIS [TA IS FILED UNDER SEC.260-A OF INCOME|TAX|ACT1961,ARISINGOUT.OF|ORDER|DATED:30/04/2015 PASSED IN C.O.NO.96(B)/2015 BEING|CROSS OBJECTION FILED BY THR APPELLANT IN ITA NO.1419(B)/2015, FOR THE ASSESSMENT YEAR 2011-2012,PRAYING THIS HON BLE COURT TO: A) TO FORMULATE|THE SUBSTANTIAL QUESTION OF LAW AS STATED ABOVEAND ANSWER THR SAMB IN FAVOR OF THR APPBLLANT.B) TO ALLOW THE APPEAL AND SET ASIDE THE FINDINGSTO THR BXTEBENT AGAINST THR APPELLANT IN THR ORDEPASSED BY THE INCOME TAX APPELLATE TRIBUNAL,BENGALURU IN C.O.NO. 56(B)/20195 DATED:30/04/2015BBING THE CROSS OBJECTION FILED BY THR APPELLANTIN ITA NO. 1419(B)/2014 OF THE APPEAL OF THE|REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-12. IN ITA NO 580 OF 2015 BETWEEN THER KARNATAKA STATE CO-OPERATIVE APEX BANK LIMITED,|ASHOKA PILLAR BRANCHREP. BY SRI. R V HEGDE, THE BRANCH MANAGER)NO. 1/7, 1 BLOCK, JAYANAGAR,BANGALORE-560050. _. APPKELLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS..,) 17 AND THE ASSISTANT COMMISSIONER OF INCOME TAX.CIRCLE-16(2), # 59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BENGALURU-560032| —. RBSPONDBENT (NOTICE NOT ORDERED IN R/O RESPONDENT), THIS [TA IS FILED UNDER SEC.260-A OF INCOME|TAX|ACT1961,ARISINGOUT.OF|ORDER|DATED:30/04/2015 PASSED IN C.O.NO.957/BANG/2015BBING THE CROSS OBJECTION FILED BY THR APPELLANTIN ITA NO. 1421(B)/2014 OF THE APPEAL, FOR THEASSESSMENT YEAR 2011-2012, PRAYING THIS HON BLECOURT TO: 31. TO FORMULATH THR SUBSTANTIALQUESTION OF LAW AS STATED ABOVE AND ANSWER THESAME IN FAVOUR OF THE APPELLANT. 2. TO ALLOW THEAPPBKAL AND SKT ASIDE THR FINDINGS TO THE BXTENTAGAINST THERE APPBLLANT IN THRE ORDER PASSBD BY TITAT, BENGALURU IN C.O.NO. 97(B)/2015 BEING THE|CROSS OBJECTION FILED BY THR APPELLANT IN ITA NO.1421(B)/2014|OF|THERAPPHBKAOF|THERRBVENUBRELATING TO FINANCIAL YEAR 2010-2011, ASSESSMENTYEAR 2011-2012. IN ITA NO 581 OF 2Z2Q BETWERE THER KARNATAKA STATE CO-OPEARTIVE APEKX BANK LIMITEDINDIRANAGAR BRANCHREP. BY SMT. J M SAHANA, THE BRANCH MANAGERNO.310, 100 FT. ROAD, INDIRANAGAR 1 STAGEBANGALORE -560 038 —. APPKRLLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS..,) AND THE ASSISTANT COMMISSIONER OF INCOME TAX.CIRCLE-16(2) NO.59,4 KRLOOR,HMT BHAVAN, BELLARY ROAD.BENGALURU-560 032| —. RBSPONDBENT (NOTICE NOT ORDERED IN R/O RESPONDENT), THIS [TA IS FILED UNDER SEC.260-A OF INCOME|TAX|ACT1961,ARISINGOUT.OF|ORDER|DATED:30/04/2015 PASSED IN C.O.NO. 58(B)/2015 BEINGTHR CROSS OBJBCTION FILED BY THR APPBKRLLANT IN ITNO.1422(B)/2014, FOR THE ASSESSMENT YEAR 2011-2012,PRAYINGTHIS|HON BLECOURTTO:1.TOFORMULATE THE SUBSTANTIAL QUESTION OF LAW ASSTATHKHD ABOVE AND ANSWER THR SAMB IN FAVOR OTHR APPELLANT. 2. TO ALLOW THER. APPEAL AND SEASIDE THR FINDINGS TO THR BXTENT AGAINST THE}APPELLANT IN THE ORDER PASSED BY THE MITAT,BENGALURU IN C.O.NO. 598(B)/2015 DATED: 30/04/2015BBING THE CROSS OBJECTION FILED BY THR APPELLANTIN ITA NO. 1422(B)/2014 OF THE APPEAL OF THE|REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-2012. IN ITA NO 582 OF 2Z2O BETWEEN THER KARNATAKA STATE CO-OPEARTIVE APEKX BANK LIMITEDJAYANAGAR 9 BLOCK BRANCH.REP. BY SMT. N L KUMUDINI, THE BRANCH MANAGERNO.487/109, EAST END ROADJAYANAGAR 9 BLOCK, BANGALORE-560 069. APPRLLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS..,) AND THER ASSISTANT COMMISSIONEROF INCOME TAX. CIRCLE-16(2) NO.59,4 KLOOR,HMT BHAVAN, BELLARY ROAD.BENGALURU-560 032| ... RESPONDENT (NOTICE NOT ORDERED IN R/O RESPONDENT) IN ITA NO 582 OF 2Z2O BETWEEN THER KARNATAKA STATE CO-OPEARTIVE APEKX BANK LIMITEDJAYANAGAR 9 BLOCK BRANCH.REP. BY SMT. N L KUMUDINI, THE BRANCH MANAGERNO.487/109, EAST END ROADJAYANAGAR 9 BLOCK, BANGALORE-560 069. APPRLLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS..,) AND THER ASSISTANT COMMISSIONEROF INCOME TAX. CIRCLE-16(2) NO.59,4 KLOOR,HMT BHAVAN, BELLARY ROAD.BENGALURU-560 032| ... RESPONDENT (NOTICE NOT ORDERED IN R/O RESPONDENT) THIS TTA IS FILED UNDER SEC.2Z60-A OF INCOMETAX|ACT1961,ARISINGOUT.OF|ORDER|DATED:30/04/2015 PASSED IN C.O NO.59/BANG/2015BEING THE CROSS OBJECTION FILED BY THE APPELLANTIN ITA NO. 1424(B)/2014 OF THE APPEAL OF THEREVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-12, PRAYING THIS HON'BLECOURTTO.1.TOKORMULATETHESUBSTANTIALQUESTION OF LAW AS STATED ABOVE AND ANSWER THESAMEB IN FAVOR OF THER APPELLANT. 2. TO ALLOW THAPPEAL AND SEI ASIDE THE FINDINGS TO THE BKXTENTAGAINST THERE APPBLLANT IN THRE ORDER PASSBD BY TINCOME TAX APPELLATE TRIBUNAL, BENGALURU IN|C.O.NO. 09(B)/2015DATED:30/04/2015BEINGTHECROSS OBJECTION FILED BY THER APPELLANT IN ITA NO.1424(B)/2014OF|THERAPPHBKAOF|THERRBVENUBRELATING TO FINANCIAL YEAR 2010-11, ASSESSMENTYEAR 2011-2012. IN ITA NO 583 OF 2015 BETWEEN THR KARNATAKA STATE CO-OPBRATIVEAPEX BANK LIMITED,|GIRINAGAR BRANCH,REP. BY SRI.E.RAMAKRISHNA THE BRANCH MANAGER,NO.404, 80 FT ROAD, GIRINAGAR,BANGALORE-560 O85)D _. APPELLANT (BY SRI. A SHANKAR & SRI. M LAVA, ADVS..,) THE ASSISTANT COMMISSIONEROF INCOME TAX, ©CIRCLE -16(2), #59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BBRNGALURU-560 032. —. RBSPONDBENT (NOTICE NOT ORDERED IN R/O RESPONDENT) THIS [TA IS FILED UNDER SEC.260-A OF INCOME|TAX|ACT19601,ARISING|OUT.OF|ORDER|DATED:30/04/2015 PASSED IN C.O.NO.60(B)/BANG/20109BBING THE CROSS OBJECTION FILED BY THR APPELLANTIN ITA NO. 1425(B)/2014 OF THE APPEAL OF THE|REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-2012, PRAYING THIS HON BLECOURT TO: $41. JO FORMULAITK THE SUBSTANTIQUESTION OF LAW AS STATED ABOVE AND ANSER THESAME IN FAVOR OF THE APPELLANT. 2. TO ALLOW THEAPPEAL AND SEI ASIDE THE FINDINGS TO THE BKXTENTAGAINST THE APPELLANT IN THE ORDER PASSED BY THEITAT,BENGALURUIN-C.O.NO.60(B)/2015|DATED:30/04/2015 BEING THE CROSS OBJECTION FILEDBY THE APPELLANT IN ITA NO. 1425(B)/2014 OF THE) 16 APPBRAL OF THR REVBNUB RBLATING TO FINANCIAL YKBA2010-11, ASSESSMENT YEAR 2011-2012. IN ITA NO.584/2015 BETWERE THR KARNATAKA STATE CO-OPBRATIVE |APEX BANK LIMITED,|VIJAYANAGAR BRANCH,REP. BY SRI. PRABHU GOWDA N. PATIL,|THE BRANCH MANAGER,AC-17, 1 MAIN, VIJAYANAGAR,BANGALORE - 560 040. _. APPKBLLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: THER ASSISTANT COMMISSIONEROF INCOME TAX,CIRCLE-16(2), NO.59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BENGALURU - 560 O32. ... RESPONDENT (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) THIS [TA IS FILED UNDER SEC.260-A OF INCOME|TAX|ACT1961,|ARISINGOUT.OF|ORDERDATED30/04/2015 PASSED IN C.O.NO. 61(B)/2015 BEING THE|CROSS OBJECTION FILED BY THR APPELLANT IN ITANO.|1426(B) /2014,FOR|THERASSESSMENTYRBAR2011-2012.PRAYING THIS HON BLE COURT TO 1. 70FORMULATE THE SUBSTANTIAL QUESTION OF LAW AS YRBAR 1 STATHKHD ABOVE AND ANSWER THR SAME IN FAVOR OTHR APPELLANT. 2. TO ALLOW THER. APPEAL AND SEASIDE THK FINDINGS TO THR BEXITENIT AGAINSIT APPELLANT IN THE ORDER PASSED BY THE MITAT,BENGALURU IN C.O.NO. 61(B)/2015 DATED:30/04/2015|BBING THE CROSS OBJECTION FILED BY THR APPELLANTIN ITA NO. 1426(B)/2014 OF THE APPEAL OF THE|REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSHKHSSMBNT YRBAR 2011-1 IN ITA NO.585/2015 BETWEEN THR KARNATAKA STATE CO-OPBRATIVE |APEX BANK LIMITED,|HSR AGARA BRANCH,REP. BY SRI.V.V. VIJAYAKUMAR,THE BRANCH MANAGER,NO.259, RING ROAD, HSR LAYOUT,AGARA VILLAGE, BANGALORE - 560 034.) _. APPKELLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: YRBAR 1 STATHKHD ABOVE AND ANSWER THR SAME IN FAVOR OTHR APPELLANT. 2. TO ALLOW THER. APPEAL AND SEASIDE THK FINDINGS TO THR BEXITENIT AGAINSIT APPELLANT IN THE ORDER PASSED BY THE MITAT,BENGALURU IN C.O.NO. 61(B)/2015 DATED:30/04/2015|BBING THE CROSS OBJECTION FILED BY THR APPELLANTIN ITA NO. 1426(B)/2014 OF THE APPEAL OF THE|REVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSHKHSSMBNT YRBAR 2011-1 IN ITA NO.585/2015 BETWEEN THR KARNATAKA STATE CO-OPBRATIVE |APEX BANK LIMITED,|HSR AGARA BRANCH,REP. BY SRI.V.V. VIJAYAKUMAR,THE BRANCH MANAGER,NO.259, RING ROAD, HSR LAYOUT,AGARA VILLAGE, BANGALORE - 560 034.) _. APPKELLANT (By SRI. A. SHANKAR & SRI. M. LAVA, ADVS.) AND: THER ASSISTANT COMMISSIONEROF INCOME TAX,CIRCLE-16(2), NO.59, 4 FLOOR,HMT BHAVAN, BELLARY ROAD,BENGALURU - 560 O32. ... RESPONDENT (NOTICE NOT ORDERED IN RESPECT OF RESPONDENT) 18 THIS [TA IS FILED UNDER SEKC.260-A OF [INCOMTAX|ACT1961,|ARISINGOUT.OF|ORDERDATHD.30/04/2015 PASSED IN C.O. NO. 62(B)/2015 BEING THE|CROSS OBJBCTION FILED BY THR APPKELLANT IN [TANO.1427(B)/2014,KORTHE.ASSESSMENT|2011-2012,PRAYING THIS HON'BLK COURT TO 1. TOFORMULATE THE SUBSTANTIAL QUESTION OF LAW ASSTATHKHD ABOVE AND ANSWER THR SAME IN FAVOR OTHR APPELLANT. 2. TO ALLOW THR APPBEAL AND SETASIDE THK FINDINGS TO THR BEXITENIT AGAINST TAPPELLANT IN THE ORDER PASSED BY THE MITAT,BENGALURU IN C.O.NO. 62(B)/2015 DATED: 30/04/2015)BEING THE CROSS OBJECTION FILED BY THE APPELLANTIN ITA NO. 1427(B)/2014 OF THE APPEAL OF THEREVENUE RELATING TO FINANCIAL YEAR 2010-11,ASSESSMENT YEAR 2011-12. YRBRAR THESKB APPKALS COMING ON FOR ADMISSIONTHIS DAY,JAYANTPATELJ., PASSHBTHERFOLLOWING: ORDER Learned counsel appearing for the appellants Sri. A. Shankar, states that these matters similarly situated with I.T.A.No.597/2015 which has been disposed of bythis Court vide order 14.07.2016 by granting permission as recorded in the order and he proposes to make thesame praycr. 2 |He states that the revenue had preferred|appeal against the very order of the Tribunal beingI.T.A.No.494/2015 and allied matters and those appealswhich are preferred by the revenue are also dismissedon 27.06.2016. 3.|In view of the above, Sri. A. Shankar, learnedcounsel for the appellants is not pressing these appeals.in view of the order dated 27.06.2016 passed by this.Court in ITA No.494/2015 and allied matters wherebythe appeals of the revenue are dismissed but with theliberty to revive the present appeals in the event therevenue carries the matter before the Apex Court andthe Apex Court takes the view that the amount isdeductible as TDS. �� *���35D>;;>96�>;�?546A37����B3�4==34<;�;B4<<� ;A467�7>;=9;37�9@�488957>6?<&���� ���+ � ������ !�"�� ������ !�"��