SYNDICATE BANK vs. THE ASSISTANT COMMISIONER OF INCOME TAX

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ITA/634/2017HC KarnatakaKAHC01039067201730 November 2020Bench: ALOK ARADHE,H.T. NARENDRA PRASAD8 pages
AI SummaryWithdrawn

What did the High Court hold?

The High Court, based on a memo filed by the assessee seeking to withdraw the appeal, dismissed the appeal as withdrawn. The court granted the leave to withdraw the appeal for the reasons stated in the memo.

What were the facts?

The Syndicate Bank filed an appeal before the High Court of Karnataka against an order of the Income Tax Appellate Tribunal. The appeal was filed under Section 260-A of the Income Tax Act, 1961.

What were the issues?

The primary issue was whether the appeal filed by the Syndicate Bank should be allowed. However, the appeal was withdrawn by the assessee.

Which sections of the Income-tax Act were involved?

Section 260-A

AI-generated summary — verify with the full judgment below

1 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF NOVEMBER 2020 PRESENT THE HON’BLE MR. JUSTICE ALOK ARADHE AND THE HON’BLE MR. JUSTICE H.T.NARENDRA PRASAD I.T.A. NO.634 OF 2017 BETWEEN: 1. SYNDICATE BANK

REGIONAL OFFICE-1

NO.110, RADHA VITTALA

MANSION, R V ROAD

V.V. PURAM, BENGLAURU 560 004. 2. SYNDICATE BANK

CORPORATE OFFICE

GANDHI NAGAR, BANGALORE-560001

REPRESENTED HEREIN BY ITS

GENERAL MANAGER

MRG. MOHAN RAO. 3. SYNDICATE BANK

GSES BRANCH

NO.81, 6TH MAIN

36TH CROSS, JAYANAGAR

5TH BLOCK, BANGALORE 560041. 4. SYNDICATE BANK

BIT BRANCH

KR ROAD, VV PURAM

BANGALORE 560004.

2 5. SYNDICATE BANK

JAYAMAHAL BRANCH

25/11 MAIN ROAD

JAYAMAHAL EXTENSION

BANGALORE 560046. 6. SYNDICATE BANK

SHOOLAY BRANCH

P B NO.28, RESIDENCY ROAD

ASHOK NAGAR

BANGALORE 560025. 7. SYNDICATE BANK

BWSSB BRANCH

10/1,1ST FLOOR

RAJDOOTH COMPLEX

AVENUE ROAD ENTRANCE

BANGALORE-560 001. 8. SYNDICATE BANK

JAYANAGAR MARKET

COMPLEX BRANCH

SHOP NO.49-50

JAYANAGAR MARKET

JAYANAGAR 4TH BLOCK

BANGALORE-560 011. 9. SYNDICATE BANK

VIJAYA COLLEGE BRANCH

RV ROAD,BASAVANGUDI

BANGALORE-560 004. 10. SYNDICATE BANK

NATIONAL GAMES VILLAGE BRANCH

B1-20, SHARAVATHI BLOCK

NGV KORAMANGALA

BANGALORE-560 047. 11. SYNDICATE BANK

BANASHANKARI II STAGE BRANCH

NO.507, 9TH MAIN

BANASHANKARI II STAGE

NEAR BANASHANKARI POST

OFFICE, BANGALORE-560 070. 12. SYNDICATE BANK

BTM LAYOUT BRANCH

NO.5, MATHRUSHRI ARCADE

100 FEET RING ROAD

BTM 2ND STAGE

BANGALORE-560 082. 13. SYNDICATE BANK

YELAHANKA NEW TOWN BRANCH

1ST FLOOR, NO.965, AND 966

LIG, 16TH B CROSS

2ND PHASE, YELAHANKA NEW TOWN

BENGALURU-560064. 14. SYNDICATE BANK

PG HALLI BRANCH

NO.55, PALACE GUTTAHALLI MAIN ROAD

BANGALORE-560003. 15. SYNDICATE BANK

SERVICE BRANCH

NO.10/1, SRI KRISHNA AVENUE

2ND FLOOR, AVENUE ROAD ENTRANCE

MYSORE BANK CIRCLE

BANGALORE-560002. 16. SYNDICATE BANK

RAJAJINAGAR BRANCH

3RD BLOCK, RAMMANDIR ROAD

BANGALORE-560010. 17. SYNDICATE BANK

NR COLONY BRANCH

NO.1, FIRST MAIN ROAD

N.R.COLONY

BANGALORE-560019.

4 18. SYNDICATE BANK

DVG ROAD BRANCH

NO.26, DR.DVG ROAD

BASAVANAGUDI, PB NO.459

BANGALORE-560004. 19. SYNDICATE BANK

BASAVESHWAR ROAD BRANCH

71/1, BASAVESHWAR ROAD

SNEHA COMPLEX, GROUND FLOOR

BANGALORE-560052. 20. SYNDICATE BANK

KENGERI BRANCH

88 GROUND FLOOR

2ND MAIN, 6TH CROSS

SUSHEELA COMPLEX

KENGERI STATELITE TOWN

BANGALORE-560060. 21. SYNDICATE BANK

GANDHINAGAR BRANCH

2ND CROSS, P B 9513

GANDHINAGAR

BANGALORE-560090. 22. SYNDICATE BANK

CHICKPET BRANCH

NO.682, PATHI MANSION

P B NO.7843, CHICKPET

BANGALORE-560053. 23. SYNDICATE BANK

GANGANAGAR BRANCH

1/1 KHM BLOCK

RT NAGAR MAIN ROAD

BANGALORE-5600032.

5 24. SYNDICATE BANK

MANIPAL HOSPITAL BRANCH

MANIPAL HOSPITAL

OLD AIRPORT ROAD

BANGALORE-560017. 25. SYNDICATE BANK

MAHARANI COLLEGE BRANCH

MAHARANI COLLEGE OF ARTS FOR WOMEN

SESHADRI ROAD, BANGALORE 560020. 26. SYNDICATE BANK

BANNERGHATTA ROAD BRANCH

183, DORESANI PALYA

BANNERGHATTA ROAD

NEAR BILEKAHALLI SIGNAL

BANGALORE 560076. 27. SYNDICATE BANK

WILSON GARDEN BRANCH

376/21 TV PLAZA , H SIDDAIAH ROAD

WILSON GARDEN, ULSOOR

BANGALORE 560027. 28. SYNDICATE BANK

P C ROAD BRANCH

NO.72, 5TH MAIN ROAD

SRI PUTTANNACHETTY ROAD

CHAMARAJPET

BANGALORE 560018. 29. SYNDICATE BANK

K G HALLI BRANCH

NO.7&8, NAGAVARA MAIN ROAD

KADUGONDANAHALLI

BANGALORE 560045. 30. SYNDICATE BANK

SHANTHINAGAR BRANCH

14/3, FIRST FLOOR

ANDREE ROAD

SHANTINAGAR

BANGALORE 5600027. 31. SYNDICATE BANK

ARMB BRANCH

JASMINE MANSION

1ST FLOOR, JC ROAD

BANGALORE-560 002. 32. SYNDICATE BANK

YEDIYUR BRANCH

825 DAS COMMERCIAL COMPLEX

KANAKPURA ROAD

JAYANAGAR 7TH BLOCK

YEDIYUR, BANGALORE-560 082. 33. SYNDICATE BANK

NELAMANGALA BRANCH

NO.3385/3388

PARAMANNA LAYOUT

B.H.ROAD, NELAMANGALA

BANGALORE-562 123. 34. SYNDICATE BANK

CV RAMAN NAGAR BRANCH

186-187/1

SAMPOORNA AVENUE

NAGAVARAPALYA MAIN ROAD

CV RAMAN NAGAR

BANGALORE-560 093.

APPELLANT NOS.1 AND 3 TO 34

REPRESENTED HEREIN BY

THEIR AUTHORIZED SIGNATORY

MR. G. MOHAN RAO. ... APPELLANTS (BY SRI. T. SURYANARAYANA, ADV.)

7 AND: 1. THE ASSISTANT COMMISSIONER

OF INCOME TAX (TDS)

CIRCLE -18(2), 4TH FLOOR, NO.59

HMT BHAVAN, BELLARY ROAD

BANGALORE-560 032. 2. COMMISSIONER OF INCOME-TAX

HMT BHAVAN

NO.59, BELLARY ROAD

BANGALORE-560 032. ... RESPONDENTS (BY SRI. JEEVAN J. NEERALGI, ADV.) - - - THIS I.T.A. IS FILED UNDER SECTION 260-A OF I.T.ACT, 1961, ARISING OUT OF ORDER DATED 06-04-2017 PASSED IN ITA NOS.1398 TO 1403/BANG/2016 AND 1435 TO 1477/BANG/2016, FOR THE ASSESSMENT YEAR 2011-12, PRAYING TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE. II. ALLOW THE APPEAL AND SET ASIDE THE ORDER OF THE TRIBUNAL DATED 06-04-2017 PASSED IN ITA NOS.1398 TO 1403/BANG/2016 AND 1435 TO 1477/BANG/2016 (AANEXURE-D) AND ETC.

8 THIS I.T.A. COMING ON FOR ORDERS, THIS DAY, ALOK ARADHE J., DELIVERED THE FOLLOWING: JUDGMENT Mr.T.Suryanarayana, learned counsel for the assessee. Mr.Jeevan J.Neeralgi, learned counsel for the revenue. 2. Learned counsel for the assessee has filed a memo seeking leave of this Court to withdraw the appeal. 3. For the reasons assigned in the memo, the appeal is dismissed as withdrawn. Sd/- JUDGE Sd/- JUDGE RV

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