The Commissioner of Income Tax / The Assistant Commissioner of Income Tax, Circle - 11(4) v. M/s. International Stones India Pvt. Ltd - 2015-LL-1009-3

Citation	2015-LL-1009-3
Appellant Name	The Commissioner of Income Tax / The Assistant Commissioner of Income Tax, Circle - 11(4)
Respondent Name	M/s. International Stones India Pvt. Ltd.
Court	HIGH COURT OF KARNATAKA
Relevant Act	Income-tax
Date of Order	09/10/2015
Assessment Year	2008-09
Judgment	View Judgment
Keyword Tags	question of law
Bot Summary:	Respondent This ITA is filed under Section 260-A of Income Tax Act, 1961 arising out of order dated 05.09.2014 passed in 2 ITA No.893/Bang/2010, for the assessment year 2008-2009, praying to formulate the substantial questions of law stated above and to allow the appeal and set aside the order passed by the ITAT, Bangalore in ITA No.893/Bang/2010 dated 05.09.2014 confirming the order of the Appellate Commissioner and confirm the order passed by the Assistant Commissioner of Income Tax, Circle 11(4), Bangalore. This ITA, coming on for admission, this day VINEET SARAN.J., delivered the following: JUDGMENT The questions involved in this appeal are covered by the decision of this Court in the case of Commissioner of Income Tax vs. Tata Elxi Limited 349 ITR 98. In the light of the aforesaid judgment, this appeal stands dismissed. It is submitted by learned counsel for the appellant that against the judgment of this Court, an appeal is filed to the Apex Court and is pending consideration. In the event of the Apex Court reversing the judgment of this Court, the assessing authority shall pass consequential orders in terms of Section 260(1A) of the Income Tax Act, 1961, in conformity with the outcome of the appeal before the Supreme Court.

1 IN HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS 9TH DAY OF OCTOBER 2015 PRESENT HON'BLE MR. JUSTICE VINEET SARAN AND HON'BLE MR. JUSTICE B.MANOHAR I.T.A.NO.36 OF 2015 BETWEEN: 1. Commissioner of Income Tax, C.R.Building, Queens Road, Bangalore. 2. Assistant Commissioner of Income Tax, Circle 11(4), Rashtrothana Bhavan, Nrupathunga Road, Bangalore 560 001. .. Appellants [By Sri K.V.Aravind, Advocate] AND: M/s.International Stones India Pvt. Ltd., No.55/12, Alankar Apartment, Flat No.1, 39th Cross, 14th Main, Jayanagar, Bangalore 560 011. .. Respondent This ITA is filed under Section 260-A of Income Tax Act, 1961 arising out of order dated 05.09.2014 passed in 2 ITA No.893/Bang/2010, for assessment year 2008-2009, praying to (1) formulate substantial questions of law stated above and (2) to allow appeal and set aside order passed by ITAT, Bangalore in ITA No.893/Bang/2010 dated 05.09.2014 confirming order of Appellate Commissioner and confirm order passed by Assistant Commissioner of Income Tax, Circle 11(4), Bangalore. This ITA, coming on for admission, this day VINEET SARAN.J., delivered following: JUDGMENT questions involved in this appeal are covered by decision of this Court in case of Commissioner of Income Tax vs. Tata Elxi Limited (2012) 349 ITR 98. In light of aforesaid judgment, this appeal stands dismissed. 2. However, it is submitted by learned counsel for appellant that against judgment of this Court, appeal is filed to Apex Court and is pending consideration. 3 3. In event of Apex Court reversing judgment of this Court, assessing authority shall pass consequential orders in terms of Section 260(1A) of Income Tax Act, 1961, in conformity with outcome of appeal before Supreme Court. Sd/- JUDGE Sd/- JUDGE Cm/- Commissioner of Income Tax / Assistant Commissioner of Income Tax, Circle - 11(4) v. M/s. International Stones India Pvt. Ltd

Metadata

Judgment