Taxation v. Samsung Electronics Co. Ltd.,:[2011] 16 Taxmann.com 141 (Kar.), This Appeal Stands Dismissed

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25 DAY OF OCTOBER, 2018 PRESENT HON’BLE MR.JUSTICE DINESH MAHESHWARI, CHIEF JUSTICE AND HON’BLE MR.JUSTICE S.G.PANDIT I.T.A. No.228 OF 2016 BETWEEN: INFINEON TECHNOLOGIES INDIA PRIVATE. LTD., 3 FLOOR, BLOCK 1, KALYANI PLATINA SURVEY NO. 6 & 24, KUNDALAHALLI VILLAGE K. R. PURAM HOBLI BANGALORE – 560 066. ... APPELLANT (BY SRI. ANKUR PAI, ADVOCATE FOR SRI.K. R. VASUDEVAN, ADVOCATE ) AND: ASST. COMMISSIONER OF INCOME TAX CIRCLE 11(4), BANGALORE. … RESPONDENT THIS ITA IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED :06/11/2015 PASSED IN IT(TP)A NO.1670/BANG/2012, ANNEXURE-E FOR THE ASSESSMENT YEAR 2008-2009 PRAYING TO FORMULATE THE SUBSTANTIAL QUESTION OF LAW AS STATED ABOVE AND ANSWER THE SAME IN FAVOUR OF THE APPELLANT. TO ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO THE EXTENT AGAINST THE APPELLANT IN THE ORDER PASSED BY THE HON'BLE TRIBUNAL IN IT(TP)A NO.1670/BANG/2012 DATED: 06/11/2015 ANNEXURE-E. THIS ITA COMING ON FOR ADMISSION, THIS DAY CHIEF JUSTICE DELIVERED THE FOLLOWING: JUDGMENT Learned counsel for the appellant frankly submits that the substantial questions of law as proposed in this matter stands answered against the petitioner. Taking note of the submissions so made and following the decision in Commissioner of Income-tax, International Taxation Vs. Samsung Electronics Co. Ltd.,:[2011] 16 taxmann.com 141 (Kar.), this appeal stands dismissed. Sd/- CHIEF JUSTICE Sd/- JUDGE NG* CT: SK