IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 24TH DAY OF OCTOBER 2017 PRESENT THE HON’BLE MR.H.G.RAMESH ACTING CHIEF JUSTICE AND THE HON’BLE MR. JUSTICE P.S.DINESH KUMAR INCOME TAX APPEAL NO.110/2016 BETWEEN :
COMMISSIONER OF INCOME TAX (EXEMPTIONS) MANGALORE ...APPELLANT (BY SRI E.I.SANMATHI, ADVOCATE) AND :
M/S. MANGALORE URBAN DEVELOPMENT AUTHORITY URVA STORES ASHOKNAGAR MANGALORE – 570 006 ...RESPONDENT (BY SRI S.PARTHASARATHI, ADVOCATE) THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF I.T.ACT, 1961 PRAYING TO DECIDE THE FOREGOING QUESTIONS OF LAW AND TO SET ASIDE THE ORDER DATED 15.05.2014 IN ITA NO.170/BANG/2013 PASSED BY THE ITAT, BENGALURU BENCH ‘A’, BENGALURU.
THIS INCOME TAX APPEAL COMING ON FOR ORDERS, THIS DAY, THE ACTING CHIEF JUSTICE DELIVERED THE FOLLOWING:
JUDGMENT Ag.CJ (Oral):
1. Heard. In the interest of justice, delay of 119 days in filing the appeal is condoned. I.A.No.1/2016 is allowed accordingly.
2. Learned counsel appearing for the appellant fairly submits that the question raised in this appeal is answered against the appellant by this Court in Director of Income Tax (Exemption) vs. Karnataka Industrial Area Development Board [ITA No.261/2013 (DD 07.11.2014)]. The appeal is accordingly dismissed.
Appeal dismissed.
Sd/-
ACTING CHIEF JUSTICE Sd/- JUDGE hkh.