Research › Search › Judgment

High Court of Karnataka · body

2025 DAILYLAW 41837 (KAR)

PR. COMMISSIONER OF INCOME TAX TDS v. M/S. BANK OF INDIA

WP/13595/2021 · 2025-09-02

M Nagaprasanna

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:34548 WP No. 13595 of 2021 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 2ND DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 13595 OF 2021 (T-IT) BETWEEN: 1. PR. COMMISSIONER OF INCOME TAX TDS, 4TH FLOOR, HMT BHAVAN, NO.59, BELLARY ROAD, BANGALORE - 59. 2. THE DEPUTY COMMISSIONER OF INCOME TAX (TDS), CIRCLE-1 (1), HMT BHAVAN, BELLARY ROAD, BANGALORE - 59. …PETITIONERS (BY SRI. JEEVAN J NEERALGI, ADVOCATE) AND: M/S. BANK OF INDIA CANTONMENT BRANCH, NO.49, JYOTHI MAHAL, ST. MARKS ROAD, BENGALURU - 560 001, PAN. AACCG0527D REP. BY MANAGER. …RESPONDENT (BY SRI. SANMATHI E.I, ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO-QUASH THE ANNX- D ORDER PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BANGALORE B-BENCH, BANGALORE, VIDE ANNX-A AND Digitally signed by NAGAVENI Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:34548 WP No. 13595 of 2021 RESTORE THE MATTER TO INCOME TAX APPELLATE TRIBUNAL B-BENCH BY GIVING OPPORTUNITY TO PETITIONERS TO RECTIFY THE MISTAKE/DEFECTS. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.NAGAPRASANNA ORAL ORDER Learned counsel appearing for the petitioners files a memo seeking withdrawal of the petition. The memo so filed reads as follows: "MEMO FOR WITHDRAWAL The petitioner in the above matter respectfully submits that in view of Circular No.9/2024 dated 17.09.2024 issued by CBDT enhancing the monetary limit from one crore to two crore. The above writ petition does not survive for consideration as the monetary limit in the above petition is less than 2 crores. The above writ petition may be dismissed as withdrawn in the interest of justice and equity." In terms of memo, the petition is disposed as withdrawn. Sd/- (M.NAGAPRASANNA) JUDGE JY List No.: 3 Sl No.: 1 CT: BHK