Disposed¶25

Sri. P Harshavardhana Reddy v. the Assistant Director of Income Tax

Karnataka HC6 Feb 2025ITA/405/2023

Case brief

AI extract

What is this about?

Withdrawal of income tax appeal with liberty to revive; High Court of Karnataka, Bengaluru; ITA No. 405 of 2023; filed under Sec. 260-A of the Income Tax Act, 1961; assessment year 2018-2019; challenge to ITAT Bangalore C Bench order in ITA No. 1016/Bang/2022 (Assessee Appeal) dated 17.01.2023; memo dated 04.05.2025 for withdrawal; no objection from Revenue (Senior Panel Counsel); appeal permitted to be withdrawn and disposed of; costs made easy; bench Krishna S Dixit and G Basavaraja; judgment per Krishna S Dixit J.; decision dated 06.02.2025; no substantial question of law formulated or answered; no precedent discussed.

What did the court decide?

Leave to withdraw the income tax appeal granted with liberty to revive it if efforts to resolve the lis do not yield fruit; costs made easy. ¶25

Sri. P Harshavardhana Reddy Vs the Assistant Director of Income… — Income Tax | Karnataka HC (2025)

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NC: 2025:KHC:5383-DB ITA No. 405 of 2023

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6^TH DAY OF FEBRUARY, 2025 PRESENT

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THE HON'BLE MR JUSTICE KRISHNA S DIXIT

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AND

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THE HON'BLE MR JUSTICE G BASAVARAJA INCOME TAX APPEAL NO.405 OF 2023

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BETWEEN:

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SRI. P HARSHAVARDHANA REDDY S/O P JANARDHAN REDDY AGED ABOUT 48 YEARS NO 401/4, 14^TH MAIN VENKATESHWARA LAYOUT, MADIWALA, BENGALURU - 560 068 KARNATAKA.

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…APPELLANT

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(BY SRI. ANNAMALAI .S, ADVOCATE)

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AND:

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THE ASSISTANT DIRECTOR OF INCOME TAX, CENTRAL PROCESSING CENTER, INCOME TAX DEPARTMENT, BENGALURU – 560 500, KARNATAKA

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Digitally signed by LAKSHMINARAYAN N Location: High Court of Karnataka

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(BY SRI. E.I. SANMATHI, ADVOCATE)

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…RESPONDENT

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THIS INCOME TAX APPEAL IS FILED UNDER SEC. 260-A OF THE INCOME TAX ACT, 1961, PRAYING THAT THIS HON’BLE COURT MAY BE PLEASED TO: I. TO FORMULATE THE SUBSTANTIAL QUESTION OF LAW STATED ABOVE AND ANSWER THE SAME IS FAVOUR OF THE APPELLANT. II. TO ALLOW THE APPEAL AND SET ASIDE FINDINGS TO THE EXTENT AGAINST THE APPELLANT IN THE ORDER PASSED BY THE INCOME-TAX APPELLATE TRIBUNAL, BANGALORE C BENCH ITA NO. 1016/BANG/2022 (ASSESSEE APPEAL) DATED 17.01.2023 FOR THE ASSESSMENT YEAR 2018-2019 (ANNEXURE-A).III. TO PASS SUCH OTHER ORDERS, AS THIS HON’BLE COURT FIT AND PROPER TO MEET THE ENDS OF JUSTICE AND EQUITY.

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NC: 2025:KHC:5383-DB ITA No. 405 of 2023

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THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER:

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CORAM: HON'BLE MR JUSTICE KRISHNA S DIXIT AND

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HON'BLE MR JUSTICE G BASAVARAJA

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ORAL JUDGMENT

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(PER: HON'BLE MR JUSTICE KRISHNA S DIXIT)

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The Appellant has filed a memo dated 04.05.2025 seeking leave of the Court to withdraw the Appeal with liberty to revive it in the event his efforts to have the lis resolved does not yield fruit. To this there is no objection from the Senior Panel Counsel representing the Revenue.

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In view of the above, the Appeal is permitted to be withdrawn and accordingly disposed off with liberty as sought for.

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Costs made easy.

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Sd/(KRISHNA S DIXIT) JUDGE

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Sd/(G BASAVARAJA) JUDGE

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