Ita/105/2013 Of The Commissioner Of Income Tax v. Kmg Infotech Pvt Ltd
High Court
07 Sep 2020 In favour of: Unclear
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/105/2013 Of The Commissioner Of Income Tax v. Kmg Infotech Pvt Ltd
Date of order
07 Sep 2020
Assessment year(s)
—
Outcome
Other
The order — as passed by the High Court
Case summary
In Ita/105/2013 Of The Commissioner Of Income Tax v. Kmg Infotech Pvt Ltd, the High Court (2020) decided the matter.
Decision: In view of the aforesaid submissions, the appeal is disposed of with liberty to the revenue to revive this appeal in case the tax effect is more than.41 Crore.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE / DAY OF SEPTEMBER 2020
PRESENT
THE HON’BLE MR. JUSTICE ALOK ARADHE
AND|
THE HON’BLE MR. JUSTICE H.T.NARENDRA PRASAD
1LT.A. NO.105 OF 2013
BEI|WEEN
1.THE COMMISSIONER OF INCOME-TAX
C.R. BUILDING, QUEENS ROAD
BANGALORE.
2).THE ASST. COMMISSIONER OF INCOME-TA®
CIRCLE-11(5), C.R. BUILDING
QUEENS ROAD, BANGALORE.
... APPELLANTS
(BY SRI. K.V. ARAVIND, ADV.)
AND
KMG INFOTECH PVT, LTD.,UNIT NO.201/202 VANGUARD RISE NO.163KONENA AGRAHARA|OFF AIRPORT ROADBANGALORE-56001 7.
... RESPONDENT
(BY SRI. T. SURYANARAYANA, ADV.)
THIS IJ§.T.A. IS FILED UNDER SECTION 260-A OI.L.T.ACT, 1961, ARISING OUT OF ORDER DATED 31-10-201
PASSED IN ITA NO./70/BANG/2012, FOR THE ASSESSMENTYEAR 2006-07, PRAYING TO:
I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATED THEREIN.»
I]. ALLOW THE APPEAL AND SET ASIDE THE ORDERS|PASSED BY THE ITAT, BANGALORE IN ITA NO.70/BANG/2012.DATED 31/10/2012 AND CONFIRM THE ORDER OF THE)APPELLATECOMMISSIONERCONFIRMING)THE|ORDER|PASSED BY THE ASSISTANT COMMISSIONER OF INCOME|TAX, CIRCLE-11(5), BANGALORE.
THIS I.T.A. COMING ON FOR HEARING, THIS DAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING:
JUDGMENT
Mr.K.V.Aravind, learned counsel for the revenue.
Mr.T.Suryanarayana,learnedcounsel for.the|aSSeSSAE.,
?. Learned counsel! for the assessee submits thatthe tax effect in this appeal is less than41 Crore andtherefore, the appeal may not be maintainable in view ofthe Circular No.17/2019 dated 08.08.2019.
3. The aforesaid submission is disputed by the.learned counsel for the appellants. He further submits
that he be granted liberty to revive the appeal in case.the tax effect Is more than41 Crore.
4. In view of the aforesaid submissions, the appeal is disposed of with liberty to the revenue to revive this
appeal in case the tax effect is more than.41 Crore.
Sd/-JUDGESd/-"JUDGE
RY|
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue