- 1 - HC-KAR NC: 2025:KHC:27812-DB ITA No. 95 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 23RD DAY OF JULY, 2025 PRESENT THE HON'BLE MR. JUSTICE JAYANT BANERJI AND THE HON'BLE MR. JUSTICE S.G.PANDIT INCOME TAX APPEAL NO. 95 OF 2022 BETWEEN: 1. THE COMMISSIONER OF INCOME-TAX EXEMPTIONS 6TH FLOOR, UNITY BUILDING ANNEXE MISSION ROAD BENGALURU- 560027. 2. THE DEPUTY DIRECTOR OF INCOME TAX EXEMPTIONS, CIRCLE -17(2) PRESENT ADDRESS DCIT EXEMPTIONS, CIRCLE 1 6TH FLOOR, UNITY BUILDING ANNEXE MISSION ROAD BENGALURU -560027. …APPELLANTS (BY SRI. Y.V. RAVIRAJ, SR. STANDING COUNSEL) AND: M/S. KARNATAKA STATE CRICKET ASSOCIATION M CHINNASWAMY STADIUM MAHATMA GANDHI ROAD BENGALURU -560001 PAN: AAATT2540E …RESPONDENT (BY SRI. ANNAMALAI S., ADV.) THIS APPEAL IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 14.06.2021 PASSED IN ITA NO.64/BANG/2015, FOR THE ASSESSMENT YEAR 2010-2011, PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW Digitally signed by MARIGANGAIAH PREMAKUMARI Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:27812-DB ITA No. 95 of 2022 STATED ABOVE; ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL, BENGALURU IN ITA NO.64/BANG/2015 DATED 14.06.2021 FOR ASSESSMENT YEAR 2010-2011 ANNEXURE-C AND CONFIRM THE ORDER OF THE APPELLATE COMMISSIONER CONFIRMING THE ORDER PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, EXEMPTIONS CIRCLE-1, BENGALURU AND ETC. THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE JAYANT BANERJI AND HON'BLE MR. JUSTICE S.G.PANDIT ORAL JUDGMENT (PER: HON'BLE MR. JUSTICE JAYANT BANERJI) Perused the memo filed by the respondent and heard the learned Senior Standing Counsel appearing for the Department. 2. A prayer has been made for disposal of the appeal, in view of the condition imposed by the Scheme for withdrawal of the appeal prior to settlement. 3. Learned senior standing counsel has no objections. - 3 - HC-KAR NC: 2025:KHC:27812-DB ITA No. 95 of 2022 4. This appeal is accordingly permitted to be withdrawn, subject to liberty being hereby granted to the parties to file afresh, in case the settlement is not finalized. Sd/- (JAYANT BANERJI) JUDGE Sd/- (S.G.PANDIT) JUDGE NC CT:bms List No.: 1 Sl No.: 2