Ita/100003/2014 Of The Commissioner Of Income Tax v. Praveen V Doddanavar

IN THE HIGH COURT OF KARNATAKADHARWAD BENCH DATED THIS THE 20 DAY OF FEBRUARY 2017 PRESENT THE HON’BLE DR. JUSTICE VINEET KOTHARIAND THE HON’BLE MR. JUSTICE SREENIVAS HARISH KUMAR INCOME TAX APPEAL No.100003/2014 BETWEEN 1.THE COMMISSIONER OF INCOME TAX,KARNATAKA (CENTRAL), CENTRAL REVENUEBUILDING, QUEEN’S ROAD,BANGALORE-560 001.KARNATAKA (CENTRAL), CENTRAL REVENUEBUILDING, QUEEN’S ROAD,BANGALORE-560 001. 2.THE JOINT COMMISSIONEROF INCOME TAX,(OSD), CENTRAL CIRCLE-2,BELGAUM.OF INCOME TAX,(OSD), CENTRAL CIRCLE-2,BELGAUM. ... APPELLANTS (By Sri. Y V RAVIRAJ, ADV.) AND 1.PRAVEEN V DODDANAVARDODDANAVAR COPORATE HOUSE,738/1, KHANAPUR ROAD,(NEAR 3RD RAILWAY GATE,)BELGAUM.... RESPONDENT (By Smt. JINITA CHATTERJEE, ADV.) THIS ITA FILED UNDER SECTION 260A OF THE INCOME-TAX ACT, 1961 AGAINST ORDER PASSED INITA.NO.24/PNJ/2013 DTD:06.09.2013 ON THE FILE OF THEINCOME TAX APPELLATE TRIBUNAL, PANAJI BENCH, PANAJI, Date of Judgment 20.02.2017 in ITA.No.100003.2014The Commissioner of Income Tax and another V/s. The JointCommissioner of Income Tax.: 2 : THIS APPEAL COMING ON FOR FINAL HEARING THISDAY, Dr.VINEET KOTHARI. J, DELIVERED THE FOLLOWING: J U D G M E N T Mr. Y V RAVIRAJ, Adv. for appellants.SMT. JINITA CHATTERJEE, Adv. for respondent. 1. Learned Counsel for the Revenue submits that inview of the Circular No.21/2015 dated 10.12.2015 issued bythe CBDT, the present appeal filed by the Revenue hasRevenue stake of less than monetary limits ofRs.20,00,000/- and therefore, he may be permittedtowithdraw the present appeal. 2. Opposite counsel for the Assesee has no objection to the same. 3. Accordingly, the present appeal of Revenue isdismissed as withdrawn. No Costs. Sd/-JUDGE VB/- Sd/- JUDGE