Another v. Ranka And Rankareported In(2013) 352 Itr 121(Karn), The Appeal Is Not Maintainable
High Court
08 Jul 2014 In favour of: Unclear
Forum / Bench
High Court · karnataka_bng_old
Parties
Another v. Ranka And Rankareported In(2013) 352 Itr 121(Karn), The Appeal Is Not Maintainable
Date of order
08 Jul 2014
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Another v. Ranka And Rankareported In(2013) 352 Itr 121(Karn), The Appeal Is Not Maintainable, the High Court (2014) dismissed the appeal.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
1
IN THE HIGH COURT OF KARNATAKA AT BANGALORE.
Dated this the 8[th]day of July, 2014|
PRESENT
THE HON’BLE MR. JUSTICE N KUMAR
ANTI
THE HON’BLE MR. JUSTICE B MANOHAR|
ITA No. 521/2008
BETWEEN:
Ll.The Commissioner ot Income Tax.C.R. Building,C.R. Building,
Queens Road,
Bangalore.
iaThe Assistant Commissioner of [Income-Tax
Circle — 5(1),.
C.R. Building,
Queens Road,
Bangalore.
..Appellants.
(By Sri K.V. Aravind, Adv.)
AND:
Sri B. Praveen Kumar»/o. Mr. Kundanmal Babulal Jain,
M/s. Prathik Creations,No.118, Devatha Market,
p
Chickpet,|Bangalore.
...Respondent |
(By Sri A. Shankar & Sri M. Lava, Advs.)
This ITA filed under Section 260-A of I.T. Act, 1961 arising|out of order dated 18.01.2008 passed in ITA No.49/Bang/2001,|for the Block Assessment period 1988-89 to 1997-98 till21.10.1997, praying to (i) formulate the substantial questions oflaw stated therein; (ii) allow the appeal and set aside the order|passed by the ITAT, Bangalore in IT(SS)A No.45/Bang/2001, dated18.01.2008 and confirm the order of the Appellate Commissioner|confirming the order passed by the Assistant Commissioner of|Income Tax, Circle-5(1), Bangalore.
This ITA coming on for Admission this day,|N,. KUMAR delivered the following:
JU DBiGMENT
This appeal is by the revenue challenging the order passedby the Tribunal granting relief to the assessee.
oOThe net tax effect is Rs.9,860,000/- less thanRs.10,00,000/-. By virtue of Instruction No.3 of 2011, as held by|this Court in the case otfTHE COMMISSIONER OF INCOME-TAX AND
ANOTHER vs. RANKA AND RANKAreported in(2013) 352 ITR 121(Karn), the appeal is not maintainable. |
;
3.The said judgment of this Court is in appeal before theApex Court. In the event, the revenue succeeds in the said appeal,liberty is reserved to them to revive this appeal.
Sd/-JUDGESd/-JUDGE
VP
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