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2025 DAILYLAW 18133 (KAR)

FMC INDIA PRIVATE LIMITED v. ASSISTANT COMMISSIONER OF INCOME-TAX

ITA/141/2021 · 2025-02-18

G Basavaraja, Krishna S Dixit

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - NC: 2025:KHC:7192-DB ITA No. 141 of 2021 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 18TH DAY OF FEBRUARY, 2025 PRESENT THE HON'BLE MR JUSTICE KRISHNA S DIXIT AND THE HON'BLE MR JUSTICE G BASAVARAJA INCOME TAX APPEAL NO. 141 OF 2021 BETWEEN: FMC INDIA PRIVATE LIMITED, EMBASSY STAR, 8, PALACE ROAD, HIGH GROUNDS, BENGALURU - 560 052. PAN:AAACF4579N REPRESENTED BY ITS FINANCE CONTROLLER MR. V. RAMACHANDRAN. …APPELLANT (BY SRI. K.R.VASUDEVAN, ADVOCATE) AND: ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE 3(1)(1), ROOM NO.227, 2ND FLOOR, BMTC BUILDING, 80 FT. ROAD, KORAMANGALA, BENGALURU - 560 095. (ERSTWHILE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 11(3), BENGALURU). …RESPONDENT (BY SRI. RAVI RAJ Y V., AND SRI.DILIP M., ADVOCATES) THIS INCOME TAX APPEAL IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, PRAYING TO 1. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE. 2. ALLOW THE APPEAL AND SET-ASIDE THE IMPUGNED ORDER PRONOUNCED ON 11/09/2020 BY THE A BENCH OF THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU BENCH IN MP NO.92/BANG/2020 IN IT(TP)A NO. Digitally signed by LAKSHMINARAYAN N Location: High Court of Karnataka - 2 - NC: 2025:KHC:7192-DB ITA No. 141 of 2021 1529/BANG/2014 (ANNEXURE-A) AND ORDER DATED 10/01/2020 PASSED BY THE A BENCH OF THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU BENCH IN IT(TP)A NO. 1529/BANG/2014 (ANNEXURE-B) FOR AY 2009-2010, TO THE EXTENT QUESTIONED HEREIN. THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE KRISHNA S DIXIT and HON'BLE MR JUSTICE G BASAVARAJA ORAL JUDGMENT (PER: HON'BLE MR JUSTICE KRISHNA S DIXIT) Memo dated 05.02.2025 is moved by the counsel seeking leave to withdraw the appeal. The memo signed by the client is also placed on record. There is no objection from the other side for granting leave. In view of the above, leave having been accorded, appeal is disposed off as having been withdrawn in terms of Memo. Sd/- (KRISHNA S DIXIT) JUDGE Sd/- (G BASAVARAJA) JUDGE KA List No.: 1 Sl No.: 2