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ITA No.843/2017
-1-
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 5TH DAY OF JANUARY 2018
PRESENT
THE HON’BLE MR.H.G.RAMESH ACTING CHIEF JUSTICE
AND
THE HON’BLE MR. JUSTICE P.S.DINESH KUMAR INCOME TAX APPEAL NO.843/2017
BETWEEN :
THE PR. COMMISSIONER OF
INCOME-TAX, CIT(A)
5TH FLOOR, BMTC BUILDING
80 FEET ROAD, KORMANGALA
BENGALURU – 560 095
THE JOINT COMMISSIONER OF
INCOME-TAX (OSD)
CIRCLE-2(1)(1)
2ND FLOOR, BMTC BUILDING
80 FEET ROAD, KORMANGALA
BENGALURU – 560 095
...APPELLANTS
(BY SRI DILIP AND SRI K.V.ARAVIND, ADVOCATES)
AND :
M/S. CIBERSITES INDIA PVT. LTD. 5TH FLOOR, TOWER ‘D’ IBC KNOWLEDGE PARK 4/1, BANNERGHATA ROAD BENGALURU – 560 054
...RESPONDENT
THIS INCOME TAX APPEAL FILED UNDER SECTION 260-A OF I.T.ACT, 1961 PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW AND TO SET ASIDE THE ORDER DATED
ITA No.843/2017
-2-
05.05.2017 IN ITA NO.1242/BANG/2016 FOR THE ASSESSMENT YEAR 2007-2008 PASSED BY THE ITAT, BENGALURU.
THIS INCOME TAX APPEAL COMING ON FOR ADMISSION, THIS DAY, THE ACTING CHIEF JUSTICE DELIVERED THE FOLLOWING:
JUDGMENT
Ag.CJ (Oral):
Learned Counsel appearing for the appellants fairly submits that the first substantial question of law is answered against the appellants by this Court in CIT v. Tata Elxsi Ltd. [(2012) 349 ITR 98 (Karn)] and the second substantial question of law is answered against the appellants by the Hon’ble Supreme Court in CIT v. Yokogawa India Ltd. [(2017) 391 ITR 274 (SC)]. The appeal is accordingly dismissed.
Appeal dismissed.
Sd/-
ACTING CHIEF JUSTICE
Sd/-
JUDGE
hkh.