M/S WINTAC LIMITED vs THE DEPUTY COMMISSIONER OF INCOME TAX

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

DATED THIS THE 22ND DAY OF OCTOBER 2020

PRESENT

THE HON’BLE MR. JUSTICE ALOK ARADHE

AND

THE HON’BLE MR. JUSTICE H.T.NARENDRA PRASAD

I.T.A. NO.318 OF 2010

BETWEEN:

M/S. WINTAC LIMITED NO.163, RESERVOIR ST., BASAVANGUDI BANGALORE – 560 004 REPRESENTED BY ITS G.M.(FINANCE) & SECRETARY SRI B.P. THYAGARAJ AGED ABOUT 46 YEARS, SON OF SRI T.PUTTASWAMY …APPELLANT (BY SRI BALRAM R.RAO, ADV.)

AND:

THE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 12(5), 14/2, RASHTROTHANA BHAVAN 4TH FLR. NRUPATUNGA ROAD, BANGALORE. …RESPONDENT (BY SRI K.V.ARAVIND, ADV.)

THIS I.T.A. IS FILED UNDER SECTION 260-A OF I.T.ACT, 1961, ARISING OUT OF ORDER DATED: 12-04- 2010 PASSED IN ITA NO.724/BANG/2009 & C.O. NO.44/BNG/2009, FOR THE ASSESSMENT YEAR 2001- 2002 PRAYING TO:- I. FORMULATED THE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN, II. ALLOW THE APPEAL AND SET ASIDE THE ORDER PASSED BY THE ITAT BANGALORE IN ITA NO.724/BANG/2009 & C.O. NO.44/BNG/2009, DATE 12- 04-2010.

THIS I.T.A. COMING ON FOR FINAL HEARING, THIS DAY, ALOK ARADHE J., DELIVERED THE FOLLOWING:

JUDGMENT

Mr.Balram R. Rao, learned counsel for the appellant.

Mr.K.V.Aravind, learned counsel for the revenue.

Learned counsel for the appellant seeks leave of this Court to withdraw the appeal, on the ground that the appellant has already submitted an application under ‘Vivad se Vishwas’ Scheme, with liberty to revive the same.

In view of aforesaid submission, the appeal is dismissed as withdrawn with liberty to revive the same in case occasion so arises.

Sd/- JUDGE

dn/- CT-HR

M/S WINTAC LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX