{"id":36062,"date":"2010-03-03T00:00:00","date_gmt":"2010-03-02T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/the-commissioner-of-income-tax-vs-ms-karnataka-power-corporation-on-3-march-2010"},"modified":"2014-08-11T12:53:01","modified_gmt":"2014-08-11T07:23:01","slug":"the-commissioner-of-income-tax-vs-ms-karnataka-power-corporation-on-3-march-2010","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/the-commissioner-of-income-tax-vs-ms-karnataka-power-corporation-on-3-march-2010","title":{"rendered":"The Commissioner Of Income Tax vs M\/S Karnataka Power Corporation &#8230; on 3 March, 2010"},"content":{"rendered":"<div class=\"docsource_main\">Karnataka High Court<\/div>\n<div class=\"doc_title\">The Commissioner Of Income Tax vs M\/S Karnataka Power Corporation &#8230; on 3 March, 2010<\/div>\n<div class=\"doc_author\">Author: K.L.Manjunath &amp; B.V.Nagarathna<\/div>\n<pre>IN THE: HIGH COURT OF KARNA'FA.K1\\ M' 1a.a_:\\1&lt;::.:\\L1&lt;1::\nDATED THIS &#039;m1~: 03&quot;-I DAY 0:? MARC} 1. 2010,---.__\nPRESENT V&quot;V&quot;\nTHE HON*BLI:&quot;, MRJUSTICE, K.L.MA.NJ   is\nTHE HONBLE \u00a3ViRS.JL\u00a7S&#039;I&#039;ICI;i&#039;\n1&#039;I&quot;A.NOV;\u20ac\u00bb_z:\u00a7_(3;;{M2wmQmMQ;;E;j       \nBETWEEN: V&#039;  \n1.<\/pre>\n<p> 11-11:: C0MM1ss1c\u00a7\u00a7s-:\u00a7i2.10:&#8217;:_1N{::;<br \/>\nC R BUILDING % V *   ..\n<\/p>\n<p>QUEENS ROAD<br \/>\nBANGm,oR;:&#8217;w_ &#8212;\n<\/p>\n<p>3*&#8217;<\/p>\n<p>THE ;iO1:;\u00a7:&#8217;_\u00bb, 1-NCo1v11&#8242;:~: TAX<\/p>\n<p>g;S\u00e9&#8217;Essiyr_EN&#8217;*\u00a7fi,&#8221;&#8216;:3:\u00a7&#8217;15:\u00e9j&#8217;iAL E2-V<br \/>\n R &#8211;B&#8217;Ul.L{JiNG\u00a7QUI\u00a7ENS ROAD<\/p>\n<p>BANc;m,oRE3 ff .  .,<\/p>\n<p>. .. Al&#8211;&#8216; P [&#8217;31,] 41\\i\\\u20ac&#8217;I&#8221;S<\/p>\n<p> V.  _ {B52   SE\u00a7I4UxCHALA. ADV.)<\/p>\n<p>iv:\/&#8217;S&#8217; KAR;\u00a73ig{fAKA POWER CO.RPORA&#8217;1&#8217;10N LTD<\/p>\n<p>N082  Si&#8221;-\u00a7z&#8217;\u00ab&#8217;iKTHI BI-1A\\\/AN<br \/>\nRACE COURSE ROAD<\/p>\n<p> &#8216;   BANGALORE<\/p>\n<p> 1-21.13551-&#8216;()\u00a7&#8217;~li..)I&#8217;IN&#8217;l&#8217;<\/p>\n<p>VA  u ._..\u00a7By Sri: A SHANKAR AND M LAVA, ADV.)<\/p>\n<p>1.&#8217;I&#8217;.:&#8217;&#8211;\\. filed L2\/S.260~A of I.T.ACt 196i E.-&#8216;:1&#8217;iS&#8217;\u00bbiI1f.,_1_&#8217; (mi 01&#8242;<br \/>\norder Ciatecl 21-10-2005 passed in ITA N0. 9IO\/I-\u20ac1\\N{j.}\/i2{}()\u00a33<\/p>\n<p>&amp;\/<\/p>\n<p>W2<\/p>\n<p>for the Assessztlemi Ycz&#8217;1rs 1996437, p1&#8217;a1yi1&#8217;1;g 111;-11. this \u00a7l&lt;:11&#039;blv<br \/>\nCourt Inay be pleased to:\n<\/p>\n<p>i. f0r1&#8243;1&#8217;1L1i:\u00ab;\u00bb1te the $L1bsta1&#8217;1&#8217;Lial questions of law st;-;11tc(&#8216;l I&#8217;1:c1&#8243;ci1&#8217;1.<\/p>\n<p>ii. allow the appeal anti set aside the ordct&#8217; \u00a7&#8217;.)di:&#8217;&gt;=&#8217;55C(&#8220;1  t&#8217;.1&#8243;1c<br \/>\nITAT. I:3anga101&#8217;\u20ac in ITA N0. 910\/ BANG \/ 2003 d;.1l&#8217;.(*l EC)&#8211;<br \/>\n2003 &lt;:()nfirn1ing the order ofthe Appellate Com111issi.;:.$&#039;1\u00ab&#039;.1c&#039;I*&#8211;_\u00e91i(;.&#8221;&#8221;i.t&#8217;1&#8217;* 1,l'[1&#8243;L&#8211;.&gt;. V&#8217;<\/p>\n<p>interest 0fjL1${iC&lt;&#039;: and equity.\n<\/p>\n<p>This ITA coming on for<br \/>\nMANJUNATHJ, deiivered the_fol1owin_g:&#8217;4.V_ &#8212;  \u00ab. ..  &#8216;<\/p>\n<p>JUDe\ufb01\u00a7NTV<\/p>\n<p>Heard the c0unsr3i_f0r the&#8221;p2iL1&#8243;Ei\u00e9;~3_<\/p>\n<p>2. Eh the C21se&#8217;t.)I&#8221;1.h&#8217;c=\u00ab_;i&#8217;\u00e95~s&#8217;e:asee for the 1)rcvim.1s &amp;15\u00a5;F5L&#8217;i.&#8221;i:*\u00a7l1IC:&#8217;1&#8217;11<\/p>\n<p>yeat\ufb02in ITA&#8217;.&#8221;N()V;9\/V2 Q(A)?1~:.:(51?1&#8242;:V}4.12.2009 this (201.1 11 1&#8243;e1_\\ri1&#8217;1g, L1[&#8216;)(&#8216;)l&#8217;1<\/p>\n<p> in..&#8217;:L_i&#8221;i*1e,cas,,\u00a2 of C5iivv&#8211;E\\I..2m11&#8243;al Gas C0rpo1&#8217;ation Ltd. \\\/&#8217;:~s. Ciity \u00abbiz<\/p>\n<p>&#8216;:I1&#8243;1&#8243;Ci&#8221;L~I\u00bb&lt;_31;}T&#039;i\u20ac{} : &#039;D6:&#8212;&#039;_\u20ac10p1&#039;11uni COrpo1&#039;ati&lt;3n. Mal&quot;1;11&quot;;.1.&#039;~;]&#039;1111:1 L1&lt;l..<\/p>\n<p>Eqm\ufb01mj\ufb01g\ufb01xny7scC39hashadum\u00a2umempuumummy<\/p>\n<p>the apf\ufb01allelni would not lie without: obtai1&#039;1ir1g&#039; 1.l&#039;1:.&#039;. ptr1&#039;&#039;1&#039;1&#039;1issic&#039;)1&#039;1<\/p>\n<p>\u00bb Ah&#039;To&#039;:.1\u00a21 the Con111&#039;1i\u00a3i.ee &lt;;:1~1&#039;v<\/p>\n<p>~7E&#039;&lt;)1&quot; lh\ufb01&#039;. e&#039;1p[&#039;)ella.111[. to z&#039;1.p1&quot;)1*0ac::h Ehe Co1&#039;11111i1_%m* of E.}i:ep1.1u&#039;* ;&#039;1m.E<\/p>\n<p>\/<\/p>\n<p>;-:1&#8217;;-11:.-=<\/p>\n<p>appeaL<\/p>\n<p>4. FOIIOwi1&#8217;1\u00a7\u00a7 E\u00a7&#8217;3(,&#8217; z1E&#8217;t)1*\u20acsaid order U719: \u00a731&#8217;es&#8211;c&#8217;ii1&#8242;&#8221;L&#8217;i\u00a7:i.I&#8221;&gt;,(i&#8217;i1. 1&#8242;.&lt;,_;&#039;1I:i~;s &#8221; &#8221;<\/p>\n<p>dismissed gra1&#8217;11ing sim:&#8217;1aI&#8217; liberty.&#8217;-._<\/p>\n<p>#,.-.&#8211;..-,,&#8217;&#8230;.\n<\/p>\n<p>\nmg-\u00abI<\/p>\n<p>\u00a7E\u00a7\u00a7i\u00a7E.:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karnataka High Court The Commissioner Of Income Tax vs M\/S Karnataka Power Corporation &#8230; on 3 March, 2010 Author: K.L.Manjunath &amp; B.V.Nagarathna IN THE: HIGH COURT OF KARNA&#8217;FA.K1\\ M&#8217; 1a.a_:\\1&lt;::.:\\L1&lt;1:: DATED THIS &#039;m1~: 03&quot;-I DAY 0:? MARC} 1. 2010,&#8212;.__ PRESENT V&quot;V&quot; THE HON*BLI:&quot;, MRJUSTICE, K.L.MA.NJ is THE HONBLE \u00a3ViRS.JL\u00a7S&#039;I&#039;ICI;i&#039; 1&#039;I&quot;A.NOV;\u20ac\u00bb_z:\u00a7_(3;;{M2wmQmMQ;;E;j BETWEEN: V&#039; 1. 11-11:: C0MM1ss1c\u00a7\u00a7s-:\u00a7i2.10:&#8217;:_1N{::; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-36062","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Commissioner Of Income Tax vs M\/S Karnataka Power Corporation ... on 3 March, 2010 - Free Judgements of Supreme Court &amp; 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