Rp/304/2022 Of The Commissioner Of Income Tax v. M/S Prasad Technology Park Pvt Ltd

Digitallysigned byRUPA VLocation:High Courtof Karnataka NC: 2023:KHC:24791-DBRP No.304 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 14 DAY OF JULY, 2023 PRESENT THE HON'BLE MR. JUSTICE ALOK ARADHE AND THE HON'BLE MR. JUSTICE M.I. ARUN REVIEW PETITION NO.304 OF 2022 BETWEEN: 1. THE COMMISSIONER OF INCOME-TAX PRESENT ADDRESS, PCIT 5th FLOOR, BMTC BUILDING 6TH BLOCK, 80 FEET ROAD KORAMANGALA, BENGALURU-560095. 2. THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-12(2), PRESENT ADDRESS DCIT, CIRCLE-3(1)(1), 2ND FLOOR BMTC BUILDING, 6TH BLOCK 80 FEET ROAD, KORAMANGALA BENGALURU-560095. …PETITIONERS (BY SRI. M. DILIP, ADV., FOR SRI. K.V. ARAVIND, ADV.,) AND: 1. M/S. PRASAD TECHNOLOGY PARK PVT. LTD. NO.2/10, POOJARI LAYOUT 3RD FLOOR, 80 FEET ROAD RMV II STAGE, BENGALURU-560094. NO.2/10, POOJARI LAYOUT 3RD FLOOR, 80 FEET ROAD RMV II STAGE, BENGALURU-560094. …RESPONDENT (BY SMT. PRATHIBA, ADV., FOR SRI. S. PARTHASARATHI, ADV.,) THIS REVIEW PETITION IS FILED UNDER ORDER 47 RULE 1 OF CPC, PRAYING TO REVIEW / RECALL THE ORDER DATED 28/09/2020 PASSED BY THIS HON'BLE COURT IN ITA NO.339/2014. TO PASS SUCH OTHER SUITABLE ORDERS AS THIS HON'BLE COURT DEEMS FIT TO BE GRANTED IN THE FACTS AND CIRCUMSTANCES OF THE CASE IN THE INTEREST OF JUSTICE AND EQUITY. THIS PETITION COMING ON FOR ADMISSION, THIS DAY, ALOK ARADHE J., MADE THE FOLLOWING: ORDER Learned counsel for the revenue submits that the tax involved in this appeal is Rs.1,07,94,200/-. 2. The aforesaid submission is fairly not disputed by learned counsel for the respondent. 3. In view of the aforesaid submission, the judgment dated 18.09.2020 ITA No.339/2014 is restored to file. Accordingly, the review petition is allowed. Sd/- JUDGE Sd/- JUDGE