By Sri K v. Aravind, Advocate

IN THE HIGH COURT OF KARNATAKA AT BENGALURU ON THE 18 DAY OF DECEMBER, 2018. BEFORE. THE HON'BLE MR. JUSTICE RAVI MALIMATH AND| THE HON'BLE MR.JUSTICE K.NATARAJAN | WEALTH TAX APPEAL NO.85 OF 2JOO BEI|WEEN 1.THE COMMISSIONER OF INCOME TAX.C. R. BUILDING,|QUEENS ROAD,BENGALURU,C. R. BUILDING,|QUEENS ROAD,BENGALURU, 2.THE ASSISTANT COMMISSIONER OF WEALTH TAXCIRCLE-5(1),BENGALURU,CIRCLE-5(1),BENGALURU, _. APPELLANTS (BY SRI K. V. ARAVIND, ADVOCATE) AND= SHRI SHYAM SUNDER R. BATHIJABENGALURU, ... RESPONDENT THIS WEALTH TAX APPEAL IS.FILED UNDER!SECTION 27-A OF WEALTH TAX ACT 1957, ARISING OUT| OF ORDER DATED 21.04.2006 PASSED IN WIA NO.”81/BANG/2005,PRAYINGTO|FORMULATETHE|SUBSTANTIAL QUESTIONS OF LAW; ALLOW THE APPEAL|AND SET ASIDE THE ORDER PASSED BY THE INCOME-TAX.APPELLATE TRIBUNAL BENGALURU BENCH, IN WIA NO.|81/BANG/2005 DATED: 21.04.2006 AND CONFIRM THE.ORDER PASSED BY THE ASSISTANT COMMISSIONER OF.WEALTH TAX, CIRCLE-5(1),BENGALURU AND TO PASS|SUCH OTHER SUITABLE ORDERS AS THIS HON BLE COURT.DEEMSFLT.TO)GRANT|IN|THE|FACTSANDCIRCUMSTANCES OF THE CASE IN THE INTEREST OF.JUSTICE AND EQUITY. AK AK THIS WEALTH JAK APPEAL COMING ON FORORDERS THIS DAY, RAVI MALIMATH J., DELIVERED THE|FOLLOWING: JUDGMENT The learned counsel for the appellants submit thatthe appeal is not maintainable in view of the monetary.limits and also in terms of Circular No.3 of 2018, dated C 11.07.2018, passed by Director (ITJ), Central Board of Direct Taxes, New Delni.. 2.In view of the submission made, the appeal is_ qaismissed as sucn. Sd/- JUDGE JJ Sd/- JUDGE