Ita/976/2017 Of M/S Cable & Wireless Networks India Private v. Deputy Commissioner Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15[TH|]DAY OF JANUARY 2071 PRESENT| THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’‘’BLE MR. JUSTICE NATARAJ RANGASW A BETWEEN: 1.T.A. NO.976 OF 2017 M/S. CABLE & WIRELESS NETWORKS|INDIA PRIVATE LIMITED1OTH FLOOR, TOWER A&B.GLOBAL TECHNOLOGY PARKDEVARABEESANAHALLI VILLAGE| VARTHUR HOBLI, BENGALURU-560103. (BY MR. T. SURYANARAYANA, ADV.,) — ADPELLANT AND" 1.|DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 11(2), BENGALURU. 2.|DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 2(1)(1), BENGALURU. (BY MR. DILIP KUMAR, ADV., FORMR. K.V. ARAVIND, ADV.,) | .., RESPONDENTS| THIS I.T.A. IS FILED UNDER SEC. J6O0-A OF INCOME TAXACT 1961, ARISING OUT OF ORDER DATED 12.07.2017 PASSEDIN IT(TP)A NO.1549/BANG/2014 FOR THE ASSESSMENT YEAR.2009-10, PRAYING TO: | (i)ADMITTHE|INSTANTAPPEAL|TO]ANSER_THE|SUBSTANTIAL QUESTIONS OF LAW SET OUT IN PARA 16 ABOVE. (ii) SET ASIDE THE IMPUGNED ORDER AT ANNEXURE (‘A’PASSED BY THE INCOME TAX APPELLATE TRIBUNAL IN IT(TP)A.NOS.1549/BANG/2014 AND 12/07/2017 RELATING ASSESSMENTYEAR 2009-10 TO THE EXTENT CHALLENGED IN PRESENT APPEAL.|(iil) PASS SUCH FURTHER AND OTHER ORDERS IN FAVOUR.OF THE APPELLANT AS THIS HON'BLE COURT MAY DEEMS FIT TO)GRANT, IN THE FACTS AND CIRCUMSTANCES OF THE CASE, ANDIN THE INTERESTS OF JUSTICE AND EQUITY. THIS ILT.A. COMING ON FOR’ HEARING, THIS DAY, |ALOK ARADHE J., DELIVERED THE FOLLOWING: JUDGMENT Mr.T.Suryanarayana, learned counsel for the assessee. Mr.K.V.Aravind, learned counsel for the revenue. Learned counsel for the assessee has filed a memo'seeking leave of this Court to withdraw the appeal. Theaforesaid memo is taken on record. 2. For the reasons assigned in the memo, the appeal is dismissed as withdrawn with liberty to the assessee to revivethe same, if occasion so arises. Sd/- JUDGE RV Sd/-JUDGE