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IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 1ST DAY OF SEPTEMBER, 2015
PRESENT
THE HON'BLE MR. JUSTICE VINEET SARAN
AND
THE HON’BLE MR. JUSTICE B.MANOHAR
ITA NO. 123/2015
BETWEEN
THE COMMISSIONER OF INCOME-TAX,
C.R.BUILDING,
QUEENS ROAD,
BANGLORE.
THE ASST.COMMISSIONER OF INCOME-TAX,
CIRCLE-11(5),
RASHTROTHANA BHAVAN,
NRUPATHUNGA ROAD
BANGALORE – 560 001. ... APPELLANTS (BY SRI.K.V.ARAVIND , ADV. A/W E.I.SANMATHI, ADV.)
AND
M/S. KARNATAKA POWER CORPORATION LTD., (PERTAINING TO ERSTWHILE M/S VISVESVARAYA VIDYUTH NIGAMA LTD.,) SHAKTHI BHAVAN, NO.82, RACE COURSE ROAD, BANGALORE – 560 001. PAN: ADKPK617.
...RESPONDENT
THIS ITA IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED: 28.11.2014 PASSED IN ITA NO.99/BANG/2013, FOR THE ASSESSMENT YEAR 2005-2006. PRAYING TO ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE ITAT, BANGALORE, CONFIRMING THE ORDER OF THE APPELLATE COMMISSIONER CONFIRM THE ORDER PASSED BY THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE-11(5), BANGALORE.
THIS ITA COMING ON FOR ADMISSION THIS DAY, VINEET SARAN J. DELIVERED THE FOLLOWING:
JUDGMENT
We have heard Sri K.V.Aravind, learned counsel for the appellants and perused the records.
It is not disputed that the questions involved in this appeal are covered by the decision of this Court in the case of Commissioner of Income Tax -vs- M/s Karnataka Power Corporation Ltd. (ITA Nos.404 & 405/2014) decided on 13.07.2015 wherein, in the case of the same assessee for different assessment years, similar questions were involved and have been answered in favour of the assessee.
As such, in view of the aforesaid judgment dated 13.07.2015, we are of the opinion that no substantial question of law arises for determination by this Court.
The appeal is accordingly dismissed.
Sd/-
JUDGE
Sd/-
JUDGE TL