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IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 31ST DAY OF AUGUST 2020
PRESENT
THE HON’BLE MR. JUSTICE ALOK ARADHE
AND
THE HON’BLE MR. JUSTICE H.T.NARENDRA PRASAD
I.T.A. NO.296 OF 2012
BETWEEN:
THE COMMISSIONER OF INCOME TAX
C.R. BUILDING, QUEENS ROAD
BANGALORE.
THE INCOME-TAX OFFICER
WARD-12(4), NEW DELHI.
ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-11(4), BANGALORE. ... APPELLANTS (BY SRI. K.V. ARAVIND, ADV.)
AND:
M/S. HUTCHINSON & CO., (INDIA) P. LTD., GROUND FLOOR, NO.37/5 AGA ABBAS ALI ROAD ULSOOR, BANGALORE-560042. ... RESPONDENT (BY SRI. CHYTHANYA K.K., ADV.,) - - -
THIS I.T.A. IS FILED UNDER SECTION 260-A OF I.T.ACT, 1961, ARISING OUT OF ORDER DATED 30-03-2012
PASSED IN ITA NO.700/DEL/2003, FOR THE ASSESSMENT YEAR 1996-97, PRAYING TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN. II. ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE ITAT, BANGALORE IN ITA NO.700/DEL/2003 DATED 30-03-2012 CONFIRMING THE ORDER OF THE APPELLATE COMMISSIONER AND CONFIRM THE ORDER PASSED BY THE INCOME TAX OFFICER, WARD-12(4), NEW DELHI, IN THE INTEREST OF JUSTICE AND EQUITY.
THIS I.T.A. COMING ON FOR FINAL HEARING, THIS DAY, ALOK ARADHE J., DELIVERED THE FOLLOWING:
JUDGMENT
Mr.K.V.Aravind, learned counsel for the revenue. Mr.Chythanya K.K., learned counsel for the respondent.
Learned counsel for the respondent submitted that the tax effect in this appeal is less than `1 Crore and therefore, the appeal may not be maintainable in the light of the Circular No.17/2019 dated 08.08.2019 issued by the Central Board of Direct Taxes.
Learned counsel for the appellants fairly submitted that the tax effect is less than `1 Crore and in
view of the aforesaid circular, the appeal is not maintainable.
Accordingly, in view of the circular dated 08.08.2019, the appeal is dismissed as not pressed.
Sd/- JUDGE
Sd/- JUDGE