Ita/73/2007 Of The Commissioner Of Income Tax v. M/S United Gass Bottles Mfg

IN THE HIGH COURT OF KARNATAKA, BANGALORE DATED THIS THR 13 DAY OF AUGUST, 2012 PRESENT THER HON BLE MR. JUSTICE K.SREEBEDHAR ANT THR HON'BLE MR. JUSTICK B.MANOHAR 1T.A. No.’73 OF 2007C/W.I.T.A.Nos.118, 147, 148 & 152/2007 1.T.A. No.73 OF 2007:mBBRITIWE 1.The Commissioner of Income Tax,Central Circle,C.R. Building,Queens Road,Bangalore. 2.The Deputy Commissioner of Income Tax,Central Circle-l,C.R. Building,Queens Road,Bangalore. (By Sri K.V. Aravind, Advocate) Appellants AND:M/s. United Glass BottlesManufacturing Co. Ltd.,Brewery House, /[-!]Mile,Kanakapura Road,Bangalore, Respondent (By Sri Veerabhadraiah, Adv. for Sri S.Sukumar, Adv.) This I.T.A. is filed U/s.260-A of I.T. Act, 1961 arisingOUTOT Order|dated14.07.2006passed%'I.T.A.No.35/Bang/2005 for the Assessment Year 1998-99,praying that this Hon’ble Court may be pleased to(i) formulate the substantial questions of law stated thereinand (11) allow the appeal and set-aside the order of the ITAT,Bangalore in ITA No.35/Bang/2005 dated 14.07.2006confirming the order of the Appellate Commissioner andconfirm the order passed by the Dy. Commissioner of IncomeTax, Circle-I, Bangalore, in the interest of justice and equity. 1.T.A. No.118 OF 2Q007. BBRITIWE 1.The Commissioner of Income Tax,Central Circle,Central Circle, C.R. Building, Queens Road, Bangalore, 2.The Assistant Commissioner of Income Tax,Circle-12(3), C.R. Building, Queens Road,Bangalore, (By Sri K.V. Aravind, Advocate) Appellants AND: M/s. Toyoma Electronic Ltd.,30A, KIADB Industrial Area,Hosakote,Bangalore. (By M/s. Prime Law Associates, Advocates) Respondent This I.T.A. is filed U/s.260-A of I.T. Act, 1961 arisingOUT|OT|orderdated16.06.2006passed%'I.T.A.No.3435/Bang/2004 for the Assessment Year 2000-01,praying that this Hon’ble Court may be pleased to(i) formulate the substantial questions of law stated thereinand (11) allow the appeal and set-aside the order of the ITAT,Bangalore in ITA No.3435/Bang/2004 dated 16.06.2006confirming the order of the Appellate Commissioner andconfirm the order passed by the Asst. Commissioner ofIncome Tax, Circle-12(3), Bangalore, in the interest of justiceand equity. 1.T.A. No.147 OF 2Q007. BBRITIWE 1.The Commissioner of Income Tax,Central Circle,C.R. Building,Queens Road,Bangalore, 2.The Assistant Commissioner of Income Tax,Circle-12(2),Bangalore, (By Sri K.V. Aravind, Advocate) Appellants AND: M/s. SST (INDIA) Pvt. Ltd.,68/1, Lavelle Road,Bangalore, (By Sri 8S. Parthasarathi, Advocate Respondent This I.T.A. is filed U/s.260-A of I.T. Act, 1961 arisingOUTotorderdated30.06.2006passed%'L.T.A.No.52/Bang/2005 for the Assessment Year 2001-02,praying that this Hon’ble Court may be pleased to (i) formulate the substantial questions of law stated therein and(ii) allow the appeal and set-aside the order of the ITAT,Bangalore in ITA No.s2/Bang/2005 dated 30.06.2006confirming the order of the Appellate Commissioner andconfirm the order passed by the Dy. Commissioner of IncomeTax, Circle-12(2), Bangalore, in the interest of justice andequity. 1L.T.A. No.148 OF 2007m BBRITIWE 1.The Commissioner of Income Tax,Central Circle,C.R. Building,Queens Road,Bangalore, oDThe Assistant Commissioner of Income Tax,Circle-12(3),Bangalore,Circle-12(3),Bangalore, (By Sri K.V. Aravind, Advocate) Appellants AND: M/s. Vikram Associates Pvt. Ltd.,No.332, 5[-!]Main, 1[&-]Block,Koramangala,Bangalore, (By Sri 8S. Parthasarathi, Advocate Respondent This I.T.A. is filed U/s.260-A of I.T. Act, 1961 arisingOutotOrder|dated06.07.2006passed%'L.T.A.No.391/Bang/2005 for the Assessment Year 2001-02,praying that this Hon’ble Court may be pleased to(i) formulate the substantial questions of law stated thereinand (11) allow the appeal and set-aside the order of the ITAT,Bangalore in ITA No.391/Bang/2005 dated 06.07.2006 BBRITIWE 1.The Commissioner of Income Tax,Central Circle,C.R. Building,Queens Road,Bangalore, oDThe Assistant Commissioner of Income Tax,Circle-12(3),Bangalore,Circle-12(3),Bangalore, (By Sri K.V. Aravind, Advocate) Appellants AND: M/s. Vikram Associates Pvt. Ltd.,No.332, 5[-!]Main, 1[&-]Block,Koramangala,Bangalore, (By Sri 8S. Parthasarathi, Advocate Respondent This I.T.A. is filed U/s.260-A of I.T. Act, 1961 arisingOutotOrder|dated06.07.2006passed%'L.T.A.No.391/Bang/2005 for the Assessment Year 2001-02,praying that this Hon’ble Court may be pleased to(i) formulate the substantial questions of law stated thereinand (11) allow the appeal and set-aside the order of the ITAT,Bangalore in ITA No.391/Bang/2005 dated 06.07.2006 confirming the order of the Appellate Commissioner andconfirm the order passed by the Asst. Commissioner ofIncome Tax, Circle-12(3), Bangalore, in the interest of justiceand equity. I1L.T.A. No.152 OF 200m BBRITIWE 1.The Commissioner of Income Tax,Central Circle,C.R. Building,Queens Road,Bangalore, 2.The Assistant Commissioner of Income Tax,Circle-12(2),C.R. Building,Queens Road,Bangalore, (By Sri K.V. Aravind, Advocate) Appellants AND: M/s. Sasken Communication Technologies Ltd..No.139/25, Amarjyothi Layout,Ring Road, Domlur P.O.,Bangalore — 560 071, (By Sri Chythanya K.K., Advocate) Respondent This I.T.A. is filed U/s.260-A of I.T. Act, 1961 arisingOUTotorderdated06.07.2006passed%'I.T.A.No.558/Bang/2005 for the Assessment Year 2000-01,praying that this Hon’ble Court may be pleased to(i) formulate the substantial questions of law stated thereinand (11) allow the appeal and set-aside the order of the ITAT,Bangalore in ITA No.558/Bang/2005 dated 06.07.2006confirming the order of the Appellate Commissioner and confirm the order passed by the Assistant Commissioner ofIncome Tax, Circle-12(2), Bangalore, in the interest of justiceand equity. These appeals are coming on for final hearing this day,SREEDHAR RAO, J..,delivered the following: JU DGMENT The Supreme Court in the case ofCommisstoner ofIncome Tax Vs. Tulsyan NEC Ltd.,reported in (2011) 330ITR 226 has held that MAT credit should be given beforecomputing interest U/Ss.234B and 234C of Income Tax Act,In view of the said decision, the question of law is answeredagainst the revenue. Accordingly, the appeals are dismissed. sd/-JUDGE NM* od/-JUDGE