THE PR. COMMISSIONER OF INCOME TAX vs. M/S COREONE TECHNOLOGIES INDIA PVT. LTD.,

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

ON THE 31ST DAY OF OCTOBER 2019

BEFORE THE HON'BLE MR. JUSTICE RAVI MALIMATH

AND

THE HON'BLE MR. JUSTICE ASHOK S. KINAGI

ITA NO.204 OF 2019 BETWEEN:

AND:

M/S COREONE TECHNOLOGIES INDIA PVT. LTD., (FORMERLY KNOWN AS M/S. CAPCO IT

SERVICES INDIA PVT. LTD.) MOBIUS TOWER, 2ND FLOOR, SJR PARK, EPIP ZONE 1, WHITEFIELD, BENGALURU-560 066 PAN: AACCC 1734G …RESPONDENT

THIS ITA IS FILED UNDER SECTION 260-A OF I.T.ACT, 1961 ARISING OUT OF ORDER DATED: 26/10/2018 PASSED IN IT(TP)A NO.164/BANG/2014, FOR THE ASSESSMENT YEAR 2009-2010, PRAYING TO 1) FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE. 2) ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, BENGALURU IN IT(TP)A NO.164/BANG/2014, DATED:26/10/2018 FOR ASSESSMENT YEAR 2009-2010 ANNEXURE-C AND CONFIRM THE ORDER OF THE DRP CONFIRMING THE ORDER PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BENGALURU. 3) TO PASS SUCH OTHER SUITABLE ORDERS AS THIS HON’BLE COURT DEEMS FIT TO GRANT IN THE FACTS AND CIRCUMSTANCES OF THE CASE IN THE INTEREST OF JUSTICE AND EQUITY.

THIS ITA COMING ON FOR ORDERS THIS DAY, RAVI MALIMATH J., DELIVERED THE FOLLOWING:

JUDGMENT

The learned counsel for the appellants submit that the appeal is not maintainable in view of the monetary limits in terms of Circular No.17 of 2019 dated 08.08.2019 passed by Director (ITJ), Central Board Direct Taxes, New Delhi.

Sd/-

Sd/-

JUDGE

JUDGE

JT/-