M/S. AMBLEE RESORTS INTERNATIONAL PVT LIMITED vs. THE INCOME TAX OFFICER

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

DATED THIS THE 24th DAY OF SEPTEMBER 2020

PRESENT

THE HON’BLE MR. JUSTICE ALOK ARADHE

AND

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

I.T.A. NO.544 OF 2014

BETWEEN:

M/S. AMBLEE RESORTS INTERNATIONAL PVT. LIMITED REPRESENTED BY ITS ERSTWHILE DIRECTOR AND AGGRIEVED PERSON SRI. SATISH CHANDRA AMBLEE NO.1430, 13TH CROSS WEST OF CHORD ROAD 2ND STAGE, BANGALORE-560086. ... APPELLANT

(BY SRI. A. SHANKAR, SR. COUNSEL A/W SRI. M. LAVA, ADV.,)

AND:

THE INCOME TAX OFFICER WARD-11(1), R.P. BHAVAN OPP. RBI, NRUPATHUNGA ROAD BANGALORE-560001. ... 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 25-07-2014 PASSED IN ITA NO.63 & 64/BANG/2012 AND CO Nos.84 & 85/BANG/2012 FOR THE ASSESSMENT YEAR 1995-96 AND 1996-97, PRAYING TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE AND ANSWER THE SAME IN FAVOUR OF THE APPELLANT. II. TO ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO THE EXTENT AGAINST THE APPELLANT IN THE ORDER DATED 25-07-2014 PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BANGALORE BENCH IN ITA NOs.63 & 64/BANG/2012 AND CO Nos.84 & 85/BANG/2012 FOR THE ASSESSMENT YEARS 1995-96 AND 1996-97.

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

JUDGMENT

Mr.A.Shankar, learned Senior counsel for Mr.M.Lava, learned counsel for the assessee. Mr.K.V.Aravind, learned counsel for the revenue has entered appearance through video conferencing.

Sd/- JUDGE

Sd/- JUDGE