Case Note & Summary
The case is an appeal filed by the revenue (Pr. Commissioner of Income Tax and Deputy Commissioner of Income Tax) under Section 260-A of the Income Tax Act, 1961, against an order of the Income Tax Appellate Tribunal (ITAT), Bangalore, dated 10/4/2018 in ITA No.1104/Bang/2015 for the assessment year 2010-11. The respondent is M/s. Ranjitpura Infrastructure Pvt. Ltd. During the hearing, the learned counsel for the revenue, Sri K.V. Aravind, submitted that the appellants be permitted to withdraw the appeal without prejudice to the similar questions being raised in other appeals. In view of this submission, the court dismissed the appeal as withdrawn in terms of the liberty as prayed for. The judgment is brief and does not discuss any substantive legal issues or facts of the case.
Headnote
A) Income Tax - Appeal Withdrawal - Liberty to Raise Similar Questions - The revenue sought to withdraw the appeal under Section 260-A of the Income Tax Act, 1961, without prejudice to raising similar questions in other appeals. The court permitted the withdrawal and dismissed the appeal as withdrawn in terms of the liberty prayed for. (Paras 2-3)
Issue of Consideration
Whether the appeal should be permitted to be withdrawn without prejudice to raising similar questions in other appeals.
Final Decision
The appeal is dismissed as withdrawn in terms of liberty as prayed for.
Law Points
- Withdrawal of appeal
- Liberty to raise similar questions in other appeals
