NTT DATA OPTIMAL INDIA DELIVERY SERVICES PRIVATE

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.147/2015

BETWEEN

COMMISSIONER OF INCOME-TAX C R BUILDINGS, QUEENNS ROAD BANGALORE 560 001.

THE INCOME TAX OFFICER

WARD 10(2) BANGALORE.

… APPELLANTS (BY SRI E I SANMATHI, ADV.)

AND

M/S PREETHU ENTERPRISES NO.16/26, 1ST CROSS, MUNIREDDY BLOCK, MADIWALA, BANGALORE-68. ... RESPONDENT

THIS INCOME TAX APPEAL IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, PRAYING TO SET ASIDE THE APPELLATE ORDER DATED: 31/12/2014 PASSED BY THE ITAT, 'A' BENCH, BANGALORE, IN APPEAL PROCEEDINGS NO. ITA

2 NO. 920/BANG/2013 FOR ASSESSMENT YEAR 2007-08.

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that the same will apply retrospectively to pending appeals also, which, if below the specified tax limits, may be withdrawn/not pressed.

Learned counsel for the appellants has stated that the tax effect in the present appeal is below the specified limit of Rs.20 lacs.

Accordingly, in view of the Circular No.21/2015 dated 10.12.2015, the tax effect in this

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

Sd/- JUDGE

AN/-