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1 IN THE HIGH COURT OF KARNATAKA AT BENGALURU
ON THE 09TH DAY OF NOVEMBER, 2018
BEFORE
THE HON'BLE MR. JUSTICE RAVI MALIMATH
AND
THE HON’BLE MR. JUSTICE A.S.BELLUNKE
INCOME TAX APPEAL NO.154 OF 2018
BETWEEN:
THE PRINCIPAL COMMISSIONER OF INCOME TAX ”2ND FLOOR, SHREE TOWERS” NO 565/A, A1 OPPOSITE TO DRR HOSTEL HADADI ROAD DAVANAGERE- 577 004.
THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE - 1 2ND FLOOR, SHREE TOWERS NO 565/A, A1 OPPOSITE TO DRR HOSTEL HADADI ROAD, DAVANAGERE- 577 004. ... APPELLANTS
(BY SRI: ARAVIND K V, ADVOCATE)
AND:
M/S CHITRADURGA DISTRICT CO-OPERATIVE CENTRAL BANK LIMITED
2 CDCC BANK BUILDING CHITRADURGA – 577 501 PAN: AAALC 0069M. ... RESPONDENT
THIS INCOME TAX APPEAL IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 28.09.2017, PASSED IN ITA NO. 1522/BANG/2016, FOR THE ASSESSMENT YEAR 2009- 2010, 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 ITA NO. 1522/BANG/2016 DATED 28.09.2017 AND CONFIRM THE ORDER OF THE APPELLATE COMMISSIONER CONFIRMING THE ORDER PASSED BY THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, DAVANAGERE 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 ADMISSION 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
3 11.07.2018 passed by Director (ITJ), Central Board Direct Taxes, New Delhi.
In view of the submission made, the appeal is dismissed as such.
SD/-
SD/- JUDGE
JUDGE
*bgn/-