M/S TOYOTA KIRLOSKAR MOTOR P LTD vs THE COMMISSIONER OF INCOME TAX, LTU

1/3 IN THE HIGH COURT OF KARNATAKA AT BENGALURU

DATED THIS THE 3RD DAY OF JULY, 2018

PRESENT

THE HON'BLE Dr.JUSTICE VINEET KOTHARI

AND

THE HON’BLE Mrs. JUSTICE S.SUJATHA

I.T.A.Nos.244 & 422 OF 2018

BETWEEN:

M/s. Toyota Kirloskar Motor (P) Ltd., A Limited Company registered Under the provisions of Companies Act,1956 Having its office at Plot No.1, Bidadi Ind. Area, Ramanagara District, Karnataka-562109. Represented herein by its Authorized Signatory.

…Appellant

(By Sri. S.Nagananda, Sr. Counsel, for Sri. Sriranga S., Advocate)

AND:

The Commissioner of Income Tax,

LTU, JSS Towers, BSK III Stage,

Bangalore-560085.

The Assistant Commissioner of Income Tax,

LTU, JSS Towers, BSK III Stage,

Bangalore-560085.

…Respondents

Date of Judgment 3/7/2018 in I.T.A.Nos.244 & 422/2018 M/s. Toyota Kirloskar Motor (P) Ltd. Vs. The Commissioner of Income Tax & Anr.,

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These I.T.As. are filed under section 260-A of Income Tax Act 1961, arising out of order dated 08/09/2017 passed in IT(TP)A No.350/Bang/2014 & 336/Bang/2014, for the Assessment Year 2005-2006, Annexure-F, praying to (1) formulate the substantial question of law as stated above and answer those in favour of the appellant. (2) set aside the order dated 08/09/2017 in IT(TP)A No.350/Bang/2014 & 336/Bang/2014 passed by the Income Tax Appellate Tribunal (Annexure-F) insofar as it remits the matter to the AO/TPO, and allow the said appeal in toto and etc.,

These I.T.As. coming on for orders, this day Dr. VINEET KOTHARI J, delivered the following:-

JUDGMENT

Mr. S.Nagananda, Sr. Counsel for Mr. Sriranga S., Advocate, for Appellant

Learned senior counsel has filed a memo seeking leave of the Court to withdraw the present Appeals as the assessee has filed a Miscellaneous Application before the Income Tax Appellate Tribunal for review.

Date of Judgment 3/7/2018 in I.T.A.Nos.244 & 422/2018 M/s. Toyota Kirloskar Motor (P) Ltd. Vs. The Commissioner of Income Tax & Anr.,

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In view of the above, appeals are dismissed as withdrawn.

Sd/- JUDGE

Sd/-

JUDGE

ckl.

M/S TOYOTA KIRLOSKAR MOTOR P LTD vs. THE COMMISSIONER OF INCOME TAX, LTU