SRI. SATISH CHANDRA AMBLEE 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.548 OF 2014 BETWEEN:

NO.1430, 13TH CROSS

WEST OF CHORD ROAD

2ND STAGE, BANGALORE-560086. ... APPELLANTS (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.65, 67 TO 68/BANG/2012 AND CO Nos.86 TO 89/BANG/12, FOR THE ASSESSMENT YEAR 1995-96 AND 1996-97, PRAYING TO: I. FORMULATE THE SUBSTANTIAL QUESTION OF LAW STATED ABOVE AND ANSWER THE SAME IN FAVOUR OF THE APPELLANTS. II. TO ALLOW THE APPEAL AND SET ASIDE THE FINDINGS TO THE EXTENT AGAINST THE APPELLANTS IN THE ORDER DATED 25-07-2014 PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BANGALORE BENCH IN ITA NOs.65, 67 TO 69/BANG/2012 AND CO Nos.86 TO 89/BANG/12 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.

Accordingly, the appeal is dismissed as withdrawn in terms of liberty as prayed for.

Sd/- JUDGE

Sd/- JUDGE