THE COMMISSIONER OF INCOME TAX, vs. M/S GOPALAN ENTERPRISES

S IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 29 TH DAY OF FEBRUARY, 2012 PRESENT THE HON’BLE MR. JUSTICE N KUMAR AND THE HON’BLE MR. JUSTICE RAVI MALIMATH INCOME-TAX APPEAL NO.233 OF 2010 BETWEEN: 1. The Commissioner of Income-tax C.R.Building, Queens Road, Bangalore. 2. The Income-Tax Officer, Ward—1(4), Bangalore. ...Appeliants (By Shri K.V. Aravind, Advocate) AND: MIs. Gopalan Enterprises NO.5, Richmond Road Bangalore — 560 025 ...Respondent This ITA is flied under Section 260-A of I.T. Act, 1961 arising out of order dated 10.02.2010 passed in ITA No.1024/Bang/2009, for the Assessment Year 2005-06 praying to (i) formulate the substantial questions of law stated therein; (ii) allow the appeal and set aside the orders passed by the ITAT Bangalore in ITA No.1024/Bang/2009 dated 10.02.2010 conforming the

CD CD rt CD a t• rt Di CD C DC (f) Di DCCDCO a CD C a o CD CD C 3 CD D rP — 0 CD a - n -, - a < 0 Di j — C >c — a 3 3 CDai’ CD 3 g a3H CDCD H a — Dl• tO CL CD :i> Ni CD H — H Dirt. a CD 0 0 fl a Dl CM - CM CD tj CD —h H Ct 0 CD , H (ft Di a 0 -‘ Di 9CDCDLa.CM;CD CDOaflt g a> Ca (C — a CD rt CM CL CD CD fl rt Dl CD Q H rt CL o 0 CM a 0 = C) CDCD h; CD CD a < > a CD h CD — CDO E rt 3 a g g a H CM Q $ Q CD ft) CD CM 0 CD — : trCD CD $ a ! 3 cg CD C cu El DC , c CD 0 Ha C) CM CD 0 CD Dl H a° H. gaCD 3;Doo x3: ll Di CD < CD , rtDC H3 CD; f) 9 $: a CL - CD Dl N CM: -t a n H H 03 Ct $0 a o CD CD H c CM rt CD rt CD : “> a -j = CD C CM CD CD CD DC ,— CD • Cu C CD CL a a* -C r-t 3 CD 0 Cl 0 — —% CD CD Cl a —. Lb Di 0 — Di — CD CM rHCM ECD CflCD $ aCD Haa CD CD vt $ CD rt H CD CD CD 0 n 9 CL 0 — rt Di H 0 CD fl. — C CD rt 0 0 CD 0 C 0 CD 0 CM a C rt CD — 3 DC CD 3. CD CD CD rt CD -) CT CD C CD a n -r CM - Cu . a -‘ CD C CM — 0 rt — CD CD H CD - CD Di CM rr C 0 C a -‘ CD H t CM CD CD -, Di t Dl — —. uirt CM 0 —. — Cl CM CD N 0 CL CDa CD -C CD CD) t) CD (J CM CM CD Di DCCD CD CD - H. $ DC 3CC) D Ho CL rt ftp CM CD -C a i—’: CM — a H a 3. —- Dl CD a 5 CD rt CD CD rt rt CD CD 0 CD CD 0 C DC -h -

a n z CM C) N) :3 — a a 0 0 (1) rr 9 a 0 a a a 0 a - U, a io U, a -‘ a a ‘ a a a th P 0 0 th U, -r 0 a 0 0 0< c a 9-9 U, tO n a a o 0 . a a rt 0 ‘ - E -9- a c 9 a a 9 0 to — 0 a 0 0 a 0 9- a to — rt — —. a ‘:3 a a a a 0 a a — :3 0 — a a 0 C Zr 0 a o a a a a 0 — o 0 U, - a 0 a a 9- -t — a r a Z3 9- a a C)) 9 a , 0 - a 0 a a : o 0 U, — a a a - a a rt U, a a a U, —‘ — a a 0 —‘ < a - a C):) a 0 ti Q. a g. a a a rt a Grt 9 9 9. 9 a 9. 2 U, 9> a9. a 9 a - :3 -, N) o a a 0 a cc 9. a 9- > Q U, . 0 Q: U, 3 —h