1 IN HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS 24th DAY OF SEPTEMBER 2020 PRESENT HON BLE MR. JUSTICE ALOK ARADHE AND HON BLE MR. JUSTICE H.T.NARENDRA PRASAD I.T.A. NO.548 OF 2014 BETWEEN: 1. SRI. SATISH CHANDRA AMBLEE NO.1430, 13TH CROSS WEST OF CHORD ROAD 2ND STAGE, BANGALORE-560086. 2. SMT. MEENA S. AMBLEE NO.1430, 13TH CROSS WEST OF CHORD ROAD 2ND STAGE, BANGALORE-560086. ... APPELLANTS (BY SRI. A. SHANKAR, SR. COUNSEL A/W SRI. M. LAVA, ADV.,) AND: INCOME TAX OFFICER WARD-11(1), R.P. BHAVAN OPP. RBI, NRUPATHUNGA ROAD BANGALORE-560001. ... RESPONDENT (BY SRI. K.V. ARAVIND, ADV.,) --- THIS I.T.A. IS FILED UNDER SECTION 260-A OF I.T.ACT, 1961, ARISING OUT OF ORDER DATED 25-07-2014 2 PASSED IN ITA NO.65, 67 TO 68/BANG/2012 AND CO Nos.86 TO 89/BANG/12, FOR ASSESSMENT YEAR 1995-96 AND 1996-97, PRAYING TO: I. FORMULATE SUBSTANTIAL QUESTION OF LAW STATED ABOVE AND ANSWER SAME IN FAVOUR OF APPELLANTS. II. TO ALLOW APPEAL AND SET ASIDE FINDINGS TO EXTENT AGAINST APPELLANTS IN ORDER DATED 25-07-2014 PASSED BY INCOME TAX APPELLATE TRIBUNAL, BANGALORE BENCH IN ITA NOs.65, 67 TO 69/BANG/2012 AND CO Nos.86 TO 89/BANG/12 FOR ASSESSMENT YEARS 1995-96 AND 1996-97. THIS I.T.A. COMING ON FOR FINAL HEARING, THIS DAY, ALOK ARADHE J., DELIVERED FOLLOWING: JUDGMENT Mr.A.Shankar, learned Senior counsel for Mr.M.Lava, learned counsel for assessee. Mr.K.V.Aravind, learned counsel for revenue has entered appearance through video conferencing. 2. Learned Senior counsel for assessee has filed memo seeking leave of this Court to withdraw appeal with liberty to revive same, if so required. aforesaid memo is taken on record. 3 Accordingly, appeal is dismissed as withdrawn in terms of liberty as prayed for. Sd/- JUDGE Sd/- JUDGE RV Satish Chandra Amblee / Meena S. Amblee v. Income-tax Officer Ward-11(1), Bangalore