Ita/594/2016 Of Sri B Sudhakar Pai v. The Deputy Commissioner Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22[ND|]DAY OF JANUARY 2071| PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’‘’BLE MR. JUSTICE NATARAJ RANGASW A BETWEEN: 1T.A. NO.594 OF 2016 SRI. B. SUDHAKAR PALNO.C-4, 1ST FLOORUNITY BUILDINGS, J.C. ROADBANGALORE-560002.PAN: AEGPP 8284 B. (BY MR. NARENDRA SHARMA, ADV., FORMR. M. LAVA, ADV.,) .... APPELLAN/ AND" THE DEPUTY COMMISSIONER OF INCOME TAXCIRCLE-5(1), BMTC BUILDING61TH BLOCK, 380 FEET ROAKORAMANGALA, BANGALORE-560095. (BY MR. E.I. SANMATHI, ADV.,)— .., RESPONDENT THIS I.T.A. IS FILED UNDER SEC. 260-A OF INCOME TAX|ACT 1961, ARISING OUT OF ORDER DATED 30.06.2016 PASSEDIN ITA NO.708/BANG/2011 FOR THE ASSESSMENT YEAR 2007-08,PRAYING TO: | (i) FORMULATE THE SUBSTANTIAL QUESTION OF LAW AS.STATED ABOVE AND ANSWER THE SAME IN FAVOUR OF THE.APPELLANT. | (ii) ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO.THE EXTENT AGAINST THE APPELLANT IN THE ORDER PASSED BY. THE ITAT, BENGALURU BENCH, ‘A’ IN ITA NO.708/BANG/2011—DATED 30-06-2016 FOR THE ASSESSMENT YEAR 200/7-08(ANNEXURE-A). PASS SUCH OTHER ORDERS, AS THIS HON'BLE.COURT DEEMS FIT AND PROPER TO MEET THE ENDS OF JUSTICE. THIS ILT.A. COMING ON FOR’ HEARING, THIS DAY, | ALOK ARADHE J.,DELIVERED THE FOLLOWING: | JUDGMENT Mr.Narendra Sharma, learned counsel for the assessee. Mr.E.I.Sanmathi, learned counsel for the revenue. Learned counsel for the appellant seeks leave of this)Court to withdraw the appeal with liberty to revive the sameif occasion so arises. The aforesaid memo is taken on record. 2. For the reasons assigned in the memo, the appeal is_dismissed as withdrawn with liberty to the assessee to revivethe same if occasion so arises. Sd/-JUDGE Sd/-—JUDGE