Shri v. Nc: 2023:Khc:21018Ita

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19 DAY OF JUNE, 2023 PRESENT THE HON'BLE MR JUSTICE P.S.DINESH KUMAR AND THE HON'BLE MR JUSTICE T.G. SHIVASHANKARE GOWDA INCOME TAX APPEAL NO. 239 OF 2020 BETWEEN: 1. THE COMMISSIONER OF INCOME-TAX, INTERNATIONAL TAXATION, 4TH FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU-560 095. 2. THE DEPUTY COMMISSIONER OF INCOME-TAX, INTERNATIONAL TAXATION, CIRCLE-1(1), 4TH FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU-560 095. …APPELLANTS (BY SRI. M. DILIP, STANDING COUNSEL FOR Digitally signed by SRI. K.V. ARAVIND, SENIOR STANDING COUNSEL) MALA K NLocation: HIGH COURTOF KARNATAKAAND:M/S. AD2PRO MEDIA SOLUTIONS PVT. LTD., NO.10, 2ND FLOOR, BANNERGHATTA ROAD, J.P. NAGAR-III PHASE, BENGALURU-560 078. …RESPONDENT (BY SRI. CHANDRASEKHAR V., ADVOCATE) - 2 - THIS INCOME TAX APPEAL IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 20/03/2020 PASSED IN ITA NO.494/BANG/2019, FOR THE ASSESSMENT YEAR 2015-2016 PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW AND TO ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU IN ITA NO. 494/BANG/2019 DATED:20/03/2020 FOR ASSESSMENT YEAR 2015-2016 ANNEXURE-C AND CONFIRM THE ORDER OF THE APPELLATE COMMISSIONER CONFIRMING THE ORDER PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, INTERNATIONAL TAXATION, CIRCLE-1(1), BENGALURU. THIS APPEAL, COMING ON FOR FINAL HEARING, THIS DAY, P.S. DINESH KUMAR J., DELIVERED THE FOLLOWING: JUDGMENT Shri. V. Chandrasekhar, learned advocate for respondent submits that the three substantial questions of law raised in the present Appeal are answered in favour of Assessee and against the Revenue in ITA No.232/2020 decided on 24.02.2023. 2. Sri M.Dilip, learned advocate for appellant does not dispute the said submission. NC: 2023:KHC:21018ITA No. 239 of 2020 3. In view of the above, this Appeal is dismissed. 4. The substantial questions of law are answered in favour of Assessee and against the Revenue. No costs. Sd/- JUDGE Sd/- JUDGE