1 IN HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS 15TH DAY OF JULY 2020 PRESENT HON BLE MR. JUSTICE ALOK ARADHE AND HON BLE MR. JUSTICE S.R.KRISHNA KUMAR I.T.A. NO.357 OF 2011 BETWEEN: 1. DIRECTOR OF INCOME-TAX (INTERNATIONAL TAXATION) RASHTROTHANA BHAVAN NRUPATHUNGA ROAD BANGALORE. 2. DEPUTY DIRECTOR OF INCOME-TAX INTERNATIONAL TAXATION CIRCLE-1(1), RASHTROTHANA BHAVAN NRUPATHUNGA ROAD, BANGALORE. APPELLANTS (BY SRI. K.V. ARAVIND, ADV.) AND: M/S. ANZ OPERATIONS AND TECHNOLOGY PVT. LTD., EMBASSY GOLF LINKS BUSINESS PARK OFF. INTERMEDIATE RING ROAD BANGALORE-560071. ... RESPONDENT (BY MS. TANMAYEE RAJKUMAR, FOR SRI. T. SURYANARAYANA, ADV.) --- 2 THIS I.T.A. IS FILED UNDER SECTION 260-A OF I.T. ACT, 1961 ARISING OUT OF ORDER DATED 28.4.2011 PASSED IN ITA NO.481/BANG/2010, FOR ASSESSMENT YEAR 2008-09, PRAYING TO FORMULATE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN. ALLOW APPEAL AND SET ASIDE ORDERS PASSED BY ITAT, BANGALORE IN ITA NO.481/BANG/2010 DATED 28-4-2011 AND CONFIRM ORDER OF APPELLATE COMMISSIONER CONFIRMING ORDER PASSED BY DEPUTY DIRECTOR OF INCOME TAX, INTERNATIONAL TAXATION, CIRCLE-1(1), BANGALORE, IN INTEREST OF JUSTICE AND EQUITY. THIS I.T.A. COMING ON FOR HEARING, THIS DAY, ALOK ARADHE J., DELIVERED FOLLOWING: JUDGMENT Mr.K.V.Aravind, learned counsel for revenue. Ms.Tanmayee Rajkumar, learned counsel for Sri.T.Suryanarayana, learned counsel for respondent. 2. Learned counsel for revenue submits that tax effect in this appeal is less than `1 Crore and therefore, he be granted liberty to withdraw same in view of Circular No.17/2019 dated 08.08.2019, without prejudice to revenue s right to raise issues involved in this appeal. 3 3. In view of aforesaid submissions, appeal is disposed of with liberty as prayed for by learned counsel for revenue. Sd/- JUDGE Sd/- JUDGE Mds/- Director of Income-tax (International Taxation), Bangalore / Deputy Director of Income-tax International Taxation Circle-1(1), Bangalore v. ANZ Operations and Technology Pvt. Ltd