Rp/536/2013 Of The Commissioner Of Income Tax v. Sri.k.ramesh Reddy

IN THE HIGH COURT OF KARNATAKA, BENGALURU| DATED THIS THE 9 DAY OF JANUARY 2015 PRESENT| THR HON’BLE MR. JUSTICE N. KUMAR ANT) THR HON’BLE MR.JUSTICE B.MANOHAR | REVIEW PETITION NO.536 OF 2013IN ITA NO. 1024 OF 200 BETWEEN : 1.THERE COMMISSIONER OF [INCOME-TC.R.BUILDING|C.R.BUILDING| QUEENS ROAD| BANGALORE 2.THERE DEPUTY COMMISSIONER OF INCOME-TAX| CENTRAL CIRCLE 1(3) C.R.BUILDING QUEENS ROAD| BANGALORE .. PETITIONERS (BY SRI.K.V.ARAVIND, ADV.) AND : SRI.K.RAMBSH RBDDYNO.993/1, SUNKAMMA NILAYA>' CROSS, HAL 3) STAGENEW THIPPASANDRABANGALORE —- 5600 O7 .. RESPONDENT THIS REVIBW PRTITION [IS FILED UNDER ORDER 47 RULE1 OF CPC, PRAYING)TO REVIEW THR ORDBR DATED|03/10/2012 PASSED IN ITA NO.1024/2008 ON THE FILE OF THEHON’BLE HIGH COURT OF KARNATAKA, BANGALORE. THIS REVIEW PRTITION [IS COMING ON FOR ORDERS THISDAY,N.KUMAR J., MADE THE FOLLOWING: ORDER This review petition is filed by the revenue seekingreviewot theorderdated03.10.2012|passedITA No.1024/2008. It relates to levy of penalty, which is) in being set aside by this Court in the impugned order. The!penalty was imposed on the basis of the order of block)assessment passed under Section 158BC of the Income Tax)Act, 1961. 2 |It is submitted that the order of block assessment itself is set aside. In that view of the matter, no penalty can be imposed. — Accordingly, review petition is dismissed. HJ SD/-. JUDGE SD/- JUDGE