Ita/807/2008 Of The Commissioner Of Income Tax v. M/S Maqsons Realty
High Court
05 Aug 2014 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/807/2008 Of The Commissioner Of Income Tax v. M/S Maqsons Realty
Date of order
05 Aug 2014
Assessment year(s)
2005-2006
Outcome
Dismissed
Case summary
In Ita/807/2008 Of The Commissioner Of Income Tax v. M/S Maqsons Realty, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Therefore, following the said order, this|appeal is also dismissed on like terms.
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 BANGALORE
DATBD THIS THER DAY OF AUGUST, 2014.
PRESENT
THE HON’BLE MR.JUSTICEK N.KUMAR
ANT)
THER HON’BLE MRS..JUSTICEK RATHNAKA
INCOME TAX APPEAL NO.807 OF 2O0Q
BBRITIWEE
1.THE COMMIssIONER OF INCOME-TAX,C.R. BUILDING,QUEENS ROAD,BANGALORE.
«|THE DEPUTY COMMISSIONER OF INCOME-TAX,CIRCLE-3(1),C.R. BUILDING,QUEENS ROAD,BANGALORE._ APPBRLLANTS|
(BY SRI K.V.ARAVIND, ADV.)
AND:
M/S. MAQSONS REALTY, NO.20, B.S. RANOJI RAO ROAD,BASAVANAGUDI,BANGALORE — 560 004. |— RESPONDENT
(BY SRI GANESH, ADV. FOR SRI CHYTHANYA K.K., ADV.)
THIS INCOMB TAX APPBAL IS FILED UNDER SBCTION|200-A OF I.T. ACT, 1961 ARISING OUT OF ORDER DATED 28-03-2008PASSED|LN|TTA|NO.9597/7/BNG/200HORTHE;
ASSESSMENT YEAR 2005-2006, PRAYING THAT THIS HON'BLECOURT MAY BEB PLBASED TO:
I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW.SLATED THEREIN,SLATED THEREIN,
Il.ALLOW THR APPBEAL AND SET ASIDK THR ORDERPASSED BY THE INCOME TAX APPELLATE TRIBUNAL,|BANGALORE IN ITA NO.997/BNG/2007, DATED 28-03-2OQOSCONFIRMTHE;ORDERS.OF|THEDEPUTY.COMMISSIONER.OF.INCOME.TAX,|CIRCLE-3(1),BANGALORE, IN THE INTEREST OF JUSTICE AND.EQUITY.|PASSED BY THE INCOME TAX APPELLATE TRIBUNAL,|BANGALORE IN ITA NO.997/BNG/2007, DATED 28-03-2OQOSCONFIRMTHE;ORDERS.OF|THEDEPUTY.COMMISSIONER.OF.INCOME.TAX,|CIRCLE-3(1),BANGALORE, IN THE INTEREST OF JUSTICE AND.EQUITY.|
THIS APPEAL COMING ON FOR HEARING THIS DAY,|N.RUMAR JeiDELIVERED THE FOLLOWING:
JU DBiGMENT
This appeal is preferred by the Revenue against the)order passed by the Income Tax Appellate Tribunal,|Bangalore. They have preferred one more appeal in ITA|No.806/2008, which is already dismissed on the ground ofmonetary limits. Therefore, following the said order, this|appeal is also dismissed on like terms.
KNM/-
Sd/-)
JUDGE
Sd/-)
JUDGE
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