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2026 DAILYLAW 48532 (KAR)

BELVE VYAVASAYA SEVA SAHAKARI SANGHA LTD. v. THE COMMISSIONER OF INCOME TAX (APPEALS)

ITA/120/2025 · 2026-01-22

K V Aravind, S G Pandit

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:3593-DB ITA No. 120 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22ND DAY OF JANUARY, 2026 PRESENT THE HON'BLE MR. JUSTICE S.G.PANDIT AND THE HON'BLE MR. JUSTICE K. V. ARAVIND INCOME TAX APPEAL No. 120 OF 2025 BETWEEN: 1. BELVE VYAVASAYA SEVA SAHAKARI SANGHA LTD., (A SOCIETY REGISTERED UNDER KCS ACT, 1959), H.O.BELVE, HEBRI TALUK, UDUPI DISTRICT- 576212. REP. BY ITS CEO: MR.KEERTHI KUMAR SHETTY. …APPELLANT (BY SRI MAHESH R. UPPIN, ADVOCATE) AND: 1. THE COMMISSIONER OF INCOME TAX (APPEALS), NATIONAL FACELESS APPEAL CENTRE, DELHI- 110001. 2. THE INCOME TAX OFFICER, WARD-2Q AND TPS, AAYAKAR BHAVAN, MALPE ROAD, ADI-UDUPI, UDUPI-576103. …RESPONDENTS (BY SRI THIRUMALESH M., SENIOR STANDING COUNSEL) Digitally signed by VALLI MARIMUTHU Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:3593-DB ITA No. 120 of 2025 THIS ITA / INCOME TAX APPEAL FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, PRAYING TO SET ASIDE THE ORDER PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU IN ITA No.819/BANG/2024 DATED 7.08.2024 FOR THE A.Y. No.2018-19 AND ALLOW THIS APPEAL IN THE INTEREST OF JUSTICE AND EQUITY. THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE S.G.PANDIT and HON'BLE MR. JUSTICE K. V. ARAVIND ORAL JUDGMENT (PER: HON'BLE MR. JUSTICE S.G.PANDIT) Sri Mahesh R. Uppin, learned counsel for the appellant files a memo dated 22.01.2026 seeking leave to withdraw the appeal, stating that on remand, fresh Assessment Order has been passed. Memo is placed on record. The appeal is dismissed as infructuous. Sd/- (S.G.PANDIT) JUDGE Sd/- (K. V. ARAVIND) JUDGE DDU/List No.: 2 Sl No.: 2