THE PR COMMISSIONER OF INCOME TAX, vs. SHRI SRINIVAS RAO HOSKOTE

1 IN THE HIGH COURT OF KARNATAKA AT BENGALURU

ON THE 4TH DAY OF DECEMBER, 2018

BEFORE

THE HON'BLE MR. JUSTICE RAVI MALIMATH

AND

THE HON’BLE MR.JUSTICE K.NATARAJAN

INCOME TAX APPEAL NO.467 OF 2018

BETWEEN:

(BY SRI:K V ARAVIND, ADVOCATE)

AND:

SHRI.SRINIVAS RAO HOSKOTE NO.4 OF 7, 3RD FLOOR SIDDA ENCLAVE, NEHRUNAGAR 1ST MAIN ROAD, SESHADRIPURAM BENGALURU -560020 PAN: AAEPH 8477J ... RESPONDENT

2 THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 21.02.2018 PASSED IN INCOME TAX APPEAL NO.1155/BANG/2015, FOR THE ASSESSMENT YEAR 2011- 2012, 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 INCOME TAX APPEAL NO.1155/BANG/2015 DATED 21.02.2018 CONFIRMING THE ORDER OF THE APPELLATE COMMISSIONER AND CONFIRM THE ORDER PASSED BY THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(3)(1), BENGALURU AND 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.

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THIS INCOME TAX APPEAL 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 and also in terms of Circular No.3 of 2018 dated 11.07.2018 passed by Director (ITJ), Central Board Direct Taxes, New Delhi.

3 2. In view of the submission made, the appeal is dismissed as such.

SD/- SD/- JUDGE

JUDGE

*bgn/-