Case LawHigh Court › Ita/57/2021 Of M/S Mechelonic Welders Pv...

Ita/57/2021 Of M/S Mechelonic Welders Pvt Ltd v. Deputy Commissioner Of Income Tax

High Court 07 Apr 2021 In favour of: Revenue
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/57/2021 Of M/S Mechelonic Welders Pvt Ltd v. Deputy Commissioner Of Income Tax
Date of order
07 Apr 2021
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Ita/57/2021 Of M/S Mechelonic Welders Pvt Ltd v. Deputy Commissioner Of Income Tax, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.

Decision: The appeal is dismissed as withdrawn with liberty as prayed for in the memo.

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 7TH DAY OF APRIL, 2021 PRESENT THE HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA AND THE HON'BLE MR. JUSTICE S.VISHWAJITH SHETTY ITA NO.57/2021 BETWEEN: M/s. Mechelonic Welders Pvt. Ltd. Rep. by Director Sri Joseph J. Nedumkunnel #A-24, HMT Industrial Estate, Jalahalli, Bengaluru-560 031 PAN- ...APPELLANT (Sri Lava M., Adv.,) AND: Deputy Commissioner of Income Tax Circle 12(1), BMTC Building 6th Block, 80 feet Road, Koramangala, Bengaluru-560 095. …RESPONDENT THIS APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, PRAYING TO SET ASIDE THE FINDINGS TO THE EXTENT AGAINST THE APPELLANT IN THE COMMON ORDER PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU ‘B’ BENCH IN ITA NOS.441/BANG/2018 DATED 10.07.2019 FOR THE ASSESSMENT YEARS 2011-12 VIDE ANNEXURE-A. THIS APPEAL IS COMING ON FOR ORDERS THIS DAY, SATISH CHANDRA SHARMA J., DELIVERED THE FOLLOWING: JUDGMENT Learned counsel for the appellant has filed a memo praying withdrawal of the appeal as the appellant-Company has opted for Vivad Se Vishwas Scheme, 2020 with liberty to seek revival, if need arises. 2. The memo is accepted. 3. The appeal is dismissed as withdrawn with liberty as prayed for in the memo. Sd/- JUDGE TL Sd/- JUDGE
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