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IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 20TH DAY OF SEPTEMBER, 2021
PRESENT
THE HON’BLE MRS. JUSTICE S. SUJATHA AND
THE HON’BLE MR. JUSTICE RAVI V. HOSMANI I.T.A.No.647/2013
BETWEEN:
THE COMMISSIONER OF INCOME-TAX
LARGE TAXPAYERS UNIT
JSS TOWERS, 100 FT. RING ROAD
BSK III STAGE
BANGALORE-560 085.
THE ASST. COMMISSIONER OF INCOME-TAX
LARGE TAXPAYERS UNIT
JSS TOWERS, 100 FT. RING ROAD
BSK III STAGE
BANGALORE-560 085.
… APPELLANTS
[BY SRI. K.V.ARAVIND, ADVOCATE (PHYSICAL HEARING)]
AND:
M/S. IBM INDIA PRIVATE LTD., NO.12, SUBRAMANYA ARCADE BANNERGHATTA MAIN ROAD BANGALORE-560 093.
… RESPONDENT
[BY SRI PERCY PARDIWALA, SENIOR COUNSEL A/W MISS MANASA ANANTHAN, ADVOCATE FOR SRI. SURYANARAYANA T., ADVOCATE (PHYSICAL HEARING)]
THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED:05.07.2013 PASSED IN ITA NO.598/BANG/2011, FOR THE ASSESSMENT YEAR 2005-2006.
THIS APPEAL COMING ON FOR HEARING, THIS DAY, S.SUJATHA J., DELIVERED THE FOLLOWING:
JUDGMENT
Learned counsel for the assessee has filed a memo along with the affidavit sworn to by Mr. Aravind Kumar V.A., the Direct Tax Leader of the respondent -assessee company submitting that in view of the reassessment order passed by the Assessment Officer under Section 147 r/w Section 143 (3) of the Act dated 15.09.2016, which inter alia includes the addition as made in the order passed under Section 263 of the Act, the original assessment order passed under Section 143(3) of the Act dated 26.12.2008 gets effaced. As such, the present appeal which seeks in restoration of the order under Section 263 of the Act revising the original assessment order has become academic, as the original order does not survive for consideration. Thus, it is prayed that present appeal may be dismissed as having rendered academic and liberty may be granted to the Revenue to revive the present appeal in the event respondent herein succeeds in the challenge to the jurisdiction
of the validity of the reassessment proceedings it has raised in the appeal pending before the CIT(A) against the reassessment order. 2. The said memo is placed on record. 3. Learned Counsel for the revenue has no objections for the same.
In view of the aforesaid, the appeal stands dismissed with liberty to the Revenue to revive the present appeal, if need arises. All rights and contentions of the parties are kept open.
Sd/- JUDGE
Sd/- JUDGE
Psg*