Ita/660/2018 Of M/S Oikos Apartments Pvt.ltd v. The Income-Tax Officer
High Court
19 Jan 2021 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/660/2018 Of M/S Oikos Apartments Pvt.ltd v. The Income-Tax Officer
Date of order
19 Jan 2021
Assessment year(s)
2012-2013
Outcome
Allowed
Case summary
In Ita/660/2018 Of M/S Oikos Apartments Pvt.ltd v. The Income-Tax Officer, the High Court (2021) allowed the appeal. The decision went in favour of the assessee.
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 BENGALURU DATED THIS THE 19 DAY OF JANUARY, 2021
PRESENT
THE HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA
AND
THE HON'BLE MR. JUSTICE V.SRISHANANDA
BETWEEN:
ITA NO.660/2018
M/S.OIKOS APARTMENTS PVT. LTD., NO.132, EMBASSY WOODS 6A, CUNNINGHAM ROAD BENGALURU-560 052 REPRESENTED BY ITS DIRECTOR SRI JAGJOT SINGH KAPOOR AGED ABOUT 76 YEARS SON OF LATE MELA SINGH KAPOOR
(BY SRI.S.PARTHASARATHI, ADV.,)
…APPELLANT
AND:
THE INCOME TAX OFFICER WARD-5 (1) (2) ROOM NO.223, BMTC BUILDING 6 BLOCK, 80 FT ROAD KORAMANGALA, BANGALORE-560 095
(BY SRI.DILIP M., ADVOCATE FOR SRI.K.V.ARAVIND, ADVOCATE)
… RESPONDENT
THIS APPEAL IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 31.05.2018 PASSED IN ITA NO.1384/BANG/2017 FOR THE ASSESSMENT YEAR 2012-2013, PRAYING TO (A) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE (2) ALLOW THE APPEAL AND SET-ASIDE THE ORDER OF THE INCOME-TAX APPELLATE TRIBUNAL DATED 31.05.2018 BEARING ITA NO.1384/BANG/2017 FOR THE ASSESSMENT YEAR 2012-2013 AND ETC.,
THIS APPEAL COMING ON FOR ORDERS THIS DAY, SATISH CHANDRA SHARMA J., DELIVERED THE FOLLOWING:
JUDGMENT
Memo for withdrawal of income tax appeal is allowed
with liberty to file fresh appeal, if need so arises in future.
Sd/-
JUDGE
Sd/-
JUDGE
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue