Ita/68/2012 Of M/S Shriram Chits (Karnataka) Pvt Ltd v. The Assistant Commissioner Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25 DAY OF JUNE, 2020 PRESENT THE HON’BLE MR. JUSTICE ALOK ARADHE AND THE HON’BLE MR. JUSTICE M.NAGAPRASANNA| ILT.A. NO.68 OF 2O12 BETWEEN: M/S SHIRAM CHITS(KARNATAKA) PVT. LTD.,NO.259/31, FIRST FLOOR,10 CROSS, WILSON GARDEN, ~BANGALORE,REPRESENTED BY ITSEXECUTIVE DIRECTOR,SRI RONALD D'SOUZA,AGED ABOUT 50 YEARS. APPELLANT| (BY SRI BALARAM R RAO, ADVOCATE FOR|SRI RAMABADRAN, ADVCOATE) AND: THE ASSISTANT COMMISSSIONEROF INCOME TAX,CIRCLE-12(3), BANGALORE. ... RESPONDENT| (BY SRI E.I.SANMATHI, ADVOCATE) THIS ITA FILED UNDER SECTION 260-A OF I.T.ACT,1961, ARISING OUT OF ORDER DATED = 31/10/201PASSED|IN|LIANO.1386(BANG)/2010,FOR.THE|ASSESSMENT|YEAR2005-06,PRAYINGTHATTHISHON BLE COURT MAY BE PLEASED TO: I. FORMULATE THE|SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN, II.|ALLOW THE APPEAL AND SET ASIDE THE IMPUGED ORDER.OF THE ITAT PASSED IN ITA NO.1386/BANG/2010, IN THE|INTEREST OF JUSTICE AND EQUITY. THIS ITA COMING ON FOR HEARING, THIS DAY,|ALOK ARADHE J.,DELIVERED THE FOLLOWING: JUDGMENT Sri Balaram R Rao, learned counsel for the assessee. Sri E I Sanmathi, learned counsel for the revenue. Learned counsel for the assessee seeks leave of this| Court to withdraw the appeal. Accordingly, the same is)aismissed as withdrawn. Sd/-JUDGE| Sd/-JUDGE|