PR COMMISSIONER OF vs. M/S RELQ SOFTWARE

1 IN THE HIGH COURT OF KARNATAKA AT BENGALURU

DATED THIS THE 18TH DAY OF DECEMBER 2015

PRESENT

THE HON’BLE MR.JUSTICE VINEET SARAN

AND

THE HON’BLE MRS.JUSTICE S SUJATHA

ITA NO.556/2015

BETWEEN

C R BUILDINGS

QUEENS ROAD

BANGALORE-560 001.

WARD-12(1)BANGALORE. …APPELLANTS (BY SRI E I SANMATHI, ADV.)

AND

M/S. RELQ SOFTWARE PVT LTD., 47/1, 9TH CROSS SRI KRISHNA ARCADE 1ST MAIN, J P NAGAR 3RD PHASE, BANGALORE-78 …RESPONDENT

THIS APPEAL IS FILED UNDER SECTION 260- A OF INCOME TAX ACT 1961, PRAYING TO SET ASIDE THE ORDER DATED 31.03.2015 PASSED BY THE ITAT, ‘A’ BENCH, BANGALORE, IN APPEAL PROCEEDINGS NO.ITA NO.1382/BANG/2011 FOR ASSESSMENT YEAR 2003-2004, AS SOUGHT FOR

2 IN THIS APPEAL AND TO GRANT SUCH OTHER RELIEF AS DEEMED FIT IN THE INTEREST OF JUSTICE.

THIS APPEAL COMING ON FOR ORDERS, THIS DAY, VINEET SARAN J., DELIVERED THE FOLLOWING:

JUDGMENT

Learned counsel for the appellants-Revenue has placed before us a recent Circular No.21/2015 dated 10.12.2015, issued by the Central Board of Direct taxes, wherein the monetary limit of the tax effect for filing appeals before the High Court has been enhanced from Rs.10 lacs to Rs.20 lacs. In paragraph-10 of the said Circular, it has been clarified that the same will apply retrospectively to pending appeals also, which, if below the specified tax limits, may be withdrawn/not pressed.

3 appeal being less than Rs.20 lacs, the appeal stands dismissed.

Sd/- JUDGE

Sd/- JUDGE

AN/-