High Court Karnataka High Court

The Commissioner Of Income Tax vs The New India Assurance Co Ltd on 22 October, 2008

Karnataka High Court
The Commissioner Of Income Tax vs The New India Assurance Co Ltd on 22 October, 2008
Author: K.Sreedhar Rao C.R.Kumaraswamy
m THE HIGH councr or KARNATAKA AT amA;ogeO%- 

DATED THIS THE 22"" DAY or-' ocroaeamaa    
PRESENT  A   =

THE HON'BLE MRJUSTICE K__.SR

AND  _  

THE HON'BLE MR.JUs1'ICE"€I'.R.KUMARASwAM¥~ 

INCOME TAX ,A PPEAL---2\1€§';29-5_ 0152303 

1 THE COMMISSECNER cfnfinctgraé' rgx K

c: R BUlLDIlfa'L'§\..V  
QUEENS ROAD   . '

BANGALCDRS' 1. V  " '-'

2 THE _INCOM£E.TAXfi?JFF1CER (TBS) '  '
w,tgRD«16(3'}    . _'
c R-.Bu':u>iNc;s,.jQuEENs,R(2Ao
BANGALORE ' _ ' v   ...APPELLANTS

(BY SR1-QM v's§sVHAcHAz;1$., ADVOCATE)

  '      

 THENEW INDIA ASSURANCE COMPANY LIMITED
"D_.0'.NO;?. £40.24'  

voKi<AL1GAR"'aHAvm'
HUDSON CIRCLE 

  3AHG;aL0RF~_5?so 001 ...R'£~SPONDENT

(wsiezl: M v EAVALI, ADVOCATE)
VDTHIS mcome mx APPEAL IS man UNDER sscnow 260-A o:=

1' _I.T.ACT.,.* 1961, ARISING OUT OF ORDER DATED 11.10.2006 AND
 ~.,..CORRIGENDUM DATED 20.11.2006 PASSED IN ITA NO.1517/BANG/2005
V  FOR THE ASSESSMENT YEAR 2001-2002, PRAYING TO FORMULATE THE
~ SUDBSTANTIAL QUESTIONS OF LAW STATED THEREIN AND TO ALLOW
"THE APPEAL AND SET ASIDE THE ORDER PASSED BY THE INCOME-TAX

" APPELLATE TRIBUNAL, BANGALORE IN ETA NO.1517/BANG{2005, DATED

11.10.2006

AND CORRIGENDUM DATED 20.11.2606 AND CONFIRM THE

%/

2

ORDER OF THE APPELLATE COMMISSIONER, CONFIRMING THEVICIRQER
masses BY THE INCOME TAX OFFICER (ms), WARD 15(3), BAfSi§§:’xLft3_R’cE,

THIS INCOME “mx APPEAL COMING ON FOR Oaosés I.

K. SREEDHAR RAG, J., DELIVERED THE FOLLOWING: H ” ‘

Sri._M.V.Javaii takes notice for £i?e:i”§$i30n5§§iIi.». «. TA

I.A.2/2008 is aliowed. Tiiéwfieiay of filing

the Appeai is condoned.’

The substa;-ntisi. ¢£Aa:asaV;~;t.ioI_1;…gai:f~.ia_v¥;{ iI1_:v9_!ved in this appeal

is no “TOTE.T&5″il1tE>§gré::i:.3′!1d”fihé sa’me*’has been decided in

favour of thv:e._re’:\.{ferIuiéiijitsi.T;Ifi._Ij’c,_245/2008 and other batch

of cases. In fiiikiigment rendered in the said

cass, this is Iiisposed of.

Sd/–

Iudge

Sd/-e
Judge