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1/3 IN THE HIGH COURT OF KARNATAKA, BENGALURU
DATED THIS THE 5TH DAY OF JULY 2018
PRESENT
THE HON'BLE Dr.JUSTICE VINEET KOTHARI
AND
THE HON’BLE Mrs.JUSTICE S.SUJATHA
I.T.A.No.986 OF 2017 BETWEEN:
THE PR. COMMISSIONER OF INCOME-TAX, CIT(A)
CENTRAL CIRCLE
C.R.BUILDING
QUEEN’S ROAD
BENGALURU – 560 001.
THE ADDL.COMMISSIONER OF INCOME-TAX
DAVANGERE RANGE DAVANGERE, PRESENT ADDRESS
DCIT, CENTRAL-1(3)
C.R.BUILDING
QUEEN’S ROAD
BENGALURU – 560 001. …APPELLANTS (BY SRI.ARAVIND K.V., ADV.)
AND:
SHRI.S.S.BAKKESH SRI.BAKKESH RICE INDUSTRIES LAKIKERE ROAD DAVANGERE PAN:ABZPB 5755B.
…RESPONDENT
Date of Judgment 05-07-2018 I.T.A.No.986/2017 The Pr.Commissioner of Income-Tax and Another Vs. Shri.S.S.Bakkesh 2/3
(BY MRS.JINITA CHATTERJEE FOR SRI.S.PARTHASARATHI, ADV.)
THIS I.T.A IS FILED UNDER SECTION 260-A OF INCOME TAX ACT, 1961 ARISING OUT OF ORDER DATED 28.02.2017 PASSED IN ITA NO.225/BANG/2013, FOR THE ASSESSMENT YEAR 2007-2008, VIDE ANNEXURE-C WITH A PRAYER TO (i) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE (ii) ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL, BENGALURU IN ITA NO.225/BANG/2013 DATED 28.02.2017 AND CONFIRM THE ORDER OF THE APPELLATE COMMISSIONER CONFIRMING THE ORDER PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE – 1(3), BENGALURU, (III) TO PASS SUCH OTHER SUITABLE ORDERS AS THIS HON’BLE COURT DEEMS FIT TO GRANT IN THE FACTS AND CIRCUMSTANCES OF THE CASE IN THE INTEREST OF JUSTICE AND EQUITY.
THIS I.T.A. COMING ON FOR ORDERS, THIS DAY Dr. VINEET KOTHARI J. DELIVERED THE FOLLOWING:-
JUDGMENT
Mr.K.V.Aravind Adv. for Appellants-Revenue Mrs.Jinita Chatterjee Adv. for Sri.S.Parthasarathi Adv. for Respondent
Learned counsel for the appellants-Revenue wants to withdraw the present appeal with a liberty to file Misc. Application before the learned Income Tax Appellate Tribunal. He further prays that the limitation for filing such Misc. Application might have expired and therefore, the delay, if
Date of Judgment 05-07-2018 I.T.A.No.986/2017 The Pr.Commissioner of Income-Tax and Another Vs. Shri.S.S.Bakkesh 3/3
any, may be condoned and the learned Tribunal may be requested to decide the Misc. Application on merits.
The learned counsel for the Assessee does not have any serious objection to the same.
Accordingly, we dismiss the present appeal by Revenue as withdrawn with liberty to the Appellant-Revenue to file appropriate Misc. Petition before the learned Tribunal.
If such Misc. Application is filed within 30 days from today i.e., 05.07.2018, we expect the learned Tribunal to consider the said Misc. application on merits in accordance with law.
Sd/- JUDGE
Sd/- JUDGE