Ita/940/2007 Of The Commissioner Of Income Tax v. M/S Rashtriya Nava Nirmana Vedike

IN THE HIGH COURT OF KARNATAKA, BANGALORE DATBD THIS THR 1 DAY OF OCTOBER, 2012 PRESENT THR HON BLE MR. JUSTICE K.SREEDHAR RAO ANT THR HON'BLE MR. JUSTICK B.MANOHAR 1.T.A. No.940 OF 2007 BBRITIWE 1.The Commissioner of Income Tax,Central Circle,C.R. Building,Queens Road,Bangalore. ooThe Assistant Director of Income Tax(Exemptions),Circle-177(2)C.R. Building,Queens Road,Bangalore. Appellants (By Sri K.V. Aravind, Advocate) AND: M/s.Rashtriya Nava Nirmana Vedike,6, 7, 8 VSK Printers,(Next to Police Station,Shankarmatt,Bangalore-04. (By Sri A. Shankar & Sri M. Lava, Advocates) Respondent This I.T.A. is filed U/s.200-A of the I.T. Act, 1961arising out of Order dated 26.06.2007 passed in ITANo.84/BNG/2005, for the Assessment Year 2001-2002,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 passed bythe.ITATBangaloreinITA|No.84/BNG/2005,/*,!/26.06.2007|contirmtheordersottheAppellateCommissioner confirming the order passed by the AssistantDirector of Income Tax (Exemptions), Circle-17(2), Bangalore, This appeal is coming on for final hearing this day,SREEDHAR RAO, J.,delivered the following: JU DBGMENT M/s.A.Shankar and M.Lava takes notice for therespondent. In view of the decision ot this Court in IIANo.941/2007, the order of the Appellate Tribunal is setaside. The matter is remanded to the Assessing Officer forfresh assessments. The liberty is given to the respondent toraise all the contentions permitted in law. od/-JUDGE od/-JUDGE