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2025 DAILYLAW 26021 (KAR)

THE PR. COMMISSIONER OF INCOME-TAX v. M/S. MOODBIDRI CO-OPERATIVE SERVICES BANK LTD.

ITA/284/2024 · 2025-01-17

G Basavaraja, Krishna S Dixit

body2025

Judgment text

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- 1 - NC: 2025:KHC:1850-DB ITA No. 284 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 17TH DAY OF JANUARY, 2025 PRESENT THE HON'BLE MR JUSTICE KRISHNA S DIXIT AND THE HON'BLE MR JUSTICE G BASAVARAJA INCOME TAX APPEAL NO. 284 OF 2024 BETWEEN: 1. THE PR. COMMISSIONER OF INCOME-TAX AAYAKAR BHAVAN, PLOT NO. 5, EDC COMPLEX, PATTO PLAZA, PANAJI, GOA-403 001. 2. THE INCOME-TAX OFFICER WARD-2(1), C.R. BUILDING ANNEXE, ATTAVARA ROAD, MANGALURU-575 001. … APPELLANTS (BY SRI. THIRUMALESH M., ADVOCATE) AND: M/S. MOODBIDRI CO-OPERATIVE SERVICES BANK LTD., DOOR NO. 192, MAIN ROAD, MOODBIDRI-574 227, PAN: AABAM7065K … RESPONDENT THIS ITA IS FILED UNDER SECTION 260-A OF THE INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 11.01.2024 PASSED IN ITA NO.930/BANG/2023, ASSESSMENT YEAR 2018-19, PRAYING TO ALLOW THE APPEAL AND SET ASIDE THE ORDER PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL, BENGALURU IN ITA NO.930/BANG/2023 DATED 11.01.2024 FOR ASSESSMENT YEAR 2018-19 (ANNEXURE-A) AND CONFIRM THE REVISION ORDER PASSED BY THE PR. Digitally signed by NANDINI D Location: High Court of Karnataka - 2 - NC: 2025:KHC:1850-DB ITA No. 284 of 2024 COMMISSIONER OF INCOME TAX, PANAJI (ANNEXURE C) AND ETC. 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) Learned counsel for the appellant has moved a memo dated 30.12.2024 seeking leave of the Court to withdraw the appeal. 2. The memo reads as under: "The undersigned, Standing Counsel for the Appellant, submits that there has been duplication of Filing Numbers in the above Appeal. The earlier FR No. 151 of 2024 has been processed and allotted ITA No. 185 of 2024. At the time of refilling the earlier FR No. 151/2024 online after curing certain defects a fresh FR No. 164 of 2024 has got generated. The appeal in FR No. 164/2024 is a duplicate number and hence the undersigned requests that the appeal in FR No. 164/2024 may be permitted to be withdrawn, in the interest of justice and equity." - 3 - NC: 2025:KHC:1850-DB ITA No. 284 of 2024 3. In view of the above, the appeal is disposed of. The right to prosecute the other pending matters is reserved. Registry to send copy of this order to the respondent - assessee by Speed Post immediately. Sd/- (KRISHNA S DIXIT) JUDGE Sd/- (G BASAVARAJA) JUDGE VP