Dismissed¶33

The Prl. Commissioner of Income Tax v. Novo Nordisk India Pvt. Ltd.

Karnataka HC7 Feb 2025ITA/447/2023

Case brief

AI extract

What is this about?

Novo Nordisk India Pvt Ltd; ITA No. 447 of 2023; High Court of Karnataka; Section 260-A Income Tax Act 1961; IT(TP)A No. 611/Bang/2021; assessment year 2016-2017; DCIT Circle-3(1)(1); DRP confirmation; Commissioner of Income Tax LTU vs. Biocon Ltd.; coordinate bench; like cases treated alike; appeal dismissed; costs made easy.

What did the court decide?

None to the Revenue; the appeal was dismissed with costs made easy, leaving the Tribunal's order intact. ¶33

The Prl. Commissioner of Income Tax Vs Novo Nordisk India Pvt… — Income Tax | Karnataka HC (2025)

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NC: 2025:KHC:5589-DB ITA No. 447 of 2023

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 7^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.447 OF 2023

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BETWEEN:

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THE PRL. COMMISSIONER OF INCOME TAX, 5^TH FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGLAURU - 560 095.

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Digitally signed by LAKSHMINARAYAN N Location: High Court of Karnataka

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THE ADDL/JOINT/DEPUTY ASST. COMMISSIONER OF INCOME TAX, ITO, NATIONAL FACELESS ASSESSMENT CENTRE, DELHI. PRESENT ADDRESS DCIT, CIRCLE-3(1)(1), 2^ND FLOOR, BMTC BUILDING, 80 FEET ROAD, KORMANGALA, BENGALURU – 560 095.

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…APPELLANTS

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(BY SRI. RAVI RAJ. Y. V, ADVOCATE)

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AND:

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NOVO NORDISK INDIA PVT LTD PLOT NO. 32, 47-50 EPIP AREA, WHITEFIELD, BENGALURU-560066 PAN. AAACN 7425M. …RESPONDENT

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(BY MISS. MAHIMA GOUD, ADVOCATE FOR SMT. TANMAYEE RAJKUMAR, ADVOCATE)

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NC: 2025:KHC:5589-DB ITA No. 447 of 2023

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THIS INCOME TAX APPEAL IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 10/08/2022 PASSED IN IT(TP)A NO. 611/BANG/2021, FOR THE ASSESSMENT YEAR 2016-2017. PRAYING THIS HON’BLE COURT TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE. ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU IN IT(TP)A NO. 611/BANG/2021 DATED 10/08/2022 FOR ASSESSMENT YEAR 2016-2017 ANNEXURE-D AND CONFIRM THE ORDER OF THE DRP CONFIRMING THE ORDER PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(1), BENGALURU AND ETC.,

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

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CORAM: HON'BLE MR JUSTICE KRISHNA S DIXIT AND 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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Heard Sri.Ravi Raj Y.V., learned counsel appearing

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for the petitioners/Revenue and Ms. Mahima Goud, learned counsel appearing on behalf of Smt. Tanmayee Rajkumar for the respondent/assessee.