Ita.crob/24/2011 Of M/S Prakash Electric Company v. The Commissioner Of Income Tax

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12 DAY OF FEBRUARY, 2015 PRESENT THE HON’BLE MR JUSTICE K L MANJUNATHAND THE HON’BLE MRS JUSTICE S SUJATHA ITA CROB. NO.24/2011 BETWEEN M/S PRAKASH ELECTRIC COMPANY|OPP. POST OFFICE, AMBALAPADY,UDUPI ... CROSS-OBJBECTO (BY SRI SHARATH, ADV. FOR SRI CHYTHANYAK K,ADV.) AND 1.THE COMMISSIONER OF INCOME TAX C.R.BUILDING, ATTAVARA, MANGALORE. 2.THE INCOME TAX OFICKR WARD I, UDUPI.| —. RESPONDENTS THIS I[TA.CROB [IS FILED UNDER ORDER XLIRULE 1 R/w ORDER XLI RULE 22 OF CPC, ARISING OUTOFORDERDATED|18/07/2007|IN.ITANO.179/BANG/2007, FOR THE ASSESSMENT YEAR2000-01, PRAYING THAT THIS HON'BLE COURT MAY BEPLEASED TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAWSIATED THEREIN, ll. ALLOW THR CROSS OBJECTION FILED AGAINSTCERTAIN FINDINGS MADE BY THE ITAT, BANGALOREBENCH IN ITA NO.179/BANG/2007 DATED 18-07-2007,IN THE INTEREST OF JUSTICE AND EQUITY.| THIS ITA CROB COMING ON FOR FINAL HEARING,THIs DAY,MANJUNATA, J.,DELIVERED THE FOLLOWING: JU DBiGMENT The learned Counsel appearing for the cross-objector has filed a memo stating that the cross-objections|filedby|him.1snot.maintainable.Therefore, he submits that may be permitted to|withdraw the cross-objection. 2. He is permitted to withdraw the cross- objections. Accordingly,thecross-objection1S|dismissed. Sd/-|JUDGE Sd/-|JUDGE