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1 IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 5TH DAY OF JANUARY 2016
PRESENT
THE HON’BLE MR.JUSTICE N K PATIL
AND
THE HON’BLE MRS.JUSTICE S SUJATHA
ITA NO.103/2010
BETWEEN
The Commissioner of Income-tax
Park View Building
No.284/1, 4TH Main
P J Extension, Davanagere-577002
The Income-tax Officer
Ward-2 , Park View Building
No.284/1, 4TH Main
P J Extension Davanagere-577002 …Appellants
(By Sri K.V.Aravind, Advocate)
AND
Shri A.K.Prashanth M/s. Athani Brothers Industries Bamboo Bazar, Davanagere. ….Respondent
(By Sri Chythanya K.K, Advocate)
This Income-tax appeal is filed under Section 260-A of Income-tax Act 1961, to set aside the order passed by the ITAT, Bangalore in ITA No.987/Bang/2008 dated 30.10.2009 and confirm the order passed by the Commissioner of Income-tax Officer, ward-2, Davanagere, in the interest of justice and equity.
This appeal coming on for Hearing this day, N. K. Patil. J., delivered the following:
JUDGMENT
This appeal is by the revenue questioning the correctness of the order dated 30.10.2009 passed in ITA No.987/Bang/2008 on the file of the Income Tax Appellate Tribunal, Bangalore and confirm the order passed by the Commissioner of Income Tax (A), Hubli and the order passed by the Assistant Commissioner of Income Tax, Ward-2, Davanagere to consider the following substantial question of law. ‘Whether the Tribunal was correct in holding that the notice and reassessment order passed by the Assessing Officer is without jurisdiction as the same vested with ACIT/DCIT when such a objection had not been raised within one month as required u/s.124(3) of the Act?
Heard the learned counsel appearing for the appellants and learned counsel appearing for the respondent.
At the outset, learned Counsel for the respondent submitted that in view of the Circular bearing No.21/2015, dated 10.12.2015, since the subject matter
3 is less than Rs.20 lakhs, the appeal is not maintainable before this Court. Therefore the appeal may be disposed of.
In reply, learned Counsel for the appellants has not disputed the submission made by the learned counsel for the respondent.
Submission of learned counsel for the parties is placed on record.
This appeal is disposed of, following the circular bearing No.21/2015, F.No.279/Misc.142/2007- ITI (Pt) issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes dated 10.12.2015. Ordered accordingly.
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JUDGE
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JUDGE
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