Ita/154/2018 Of The Principal Commissioner Of Income Tax v. M/S Chitradurga District
High Court
09 Nov 2018 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/154/2018 Of The Principal Commissioner Of Income Tax v. M/S Chitradurga District
Date of order
09 Nov 2018
Assessment year(s)
2009-2010
Outcome
Dismissed
Case summary
In Ita/154/2018 Of The Principal Commissioner Of Income Tax v. M/S Chitradurga District, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
1
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
ON THE O0 DAY OF NOVEMBER, 201383
BEFORE.
THE HON'BLE MR. JUSTICE RAVI MALIMATH
AND
THE HON'’BLE MR. JUSTICE A.S.BELLUNKE
INCOME TAX APPEAL NO.154 OF 2018
BETWEEN:
1.THE PRINCIPAL COMMISSIONER OF INCOME TAX“2ND FLOOR, SHREE TOWERS”NO 565/A, AlOPPOSITE TO DRR HOSTELHADADI ROADDAVANAGERE- 5/77 004.“2ND FLOOR, SHREE TOWERS”NO 565/A, AlOPPOSITE TO DRR HOSTELHADADI ROADDAVANAGERE- 5/77 004.
2.THE DEPUTY COMMISSIONER OF INCOME TAXCIRCLE - 12ND FLOOR, SHREE TOWERSNO 565/A, AlOPPOSITE TO DRR HOSTELCIRCLE - 12ND FLOOR, SHREE TOWERSNO 565/A, AlOPPOSITE TO DRR HOSTELHADADI ROAD,DAVANAGERE- 5/77 004.DAVANAGERE- 5/77 004.
_.. APPELLANTS
(BY SRI: ARAVIND K V, ADVOCATE)
AND"
M/S CHITRADURGA DISTRICT
CO-OPERATIVE CENTRAL BANK LIMITED
CDCC BANK BUILDING |CHITRADURGA - 5/77 501PAN: AAALC QQ69M.|
... RESPONDENT
THIS|INCOMETAXAPPEAL|ISFILEDUNDER|SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF|ORDER.DATED28.09.2017,PASSED|IN|ITANO.1522/BANG/2016, FOR THE ASSESSMENT YEAR 2009-2010, PRAYING THIS HON BLE COURT TO FORMULATE THESUBSTANTIAL QUESTIONS OF LAW STATED ABOVE;|ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED.BY THE INCOME-TAX APPELLATE TRIBUNAL, BENGALURUIN ITA NO. 1522/BANG/2016 DATED 28.09.2017 ANDCONFIRM THE ORDER OF THE APPELLATE COMMISSIONER.CONFIRMING $THE ORDER PASSED BY THE DEPUTYCOMMISSIONER OF INCOME TAX, CIRCLE-1, DAVANAGEREAND TO PASS SUCH OTHER SUITABLE ORDERS AS THIS.HON BLE COURT DEEMS FIT TO GRANT IN THE FACTS AND.CIRCUMSTANCES OF THE CASE IN THE INTEREST OF.JUSTICE AND EQUITY.
AK AK
THIS INCOME TAX APPEAL COMING ON FORADMISSION THIS DAY, RAVI MALIMATH J., DELIVERED|THE FOLLOWING:
JUDGMENT
Tne learned counsel for the appellants submit that|the appeal is not maintainable in view of the monetarylimits and aiso in terms of Circular No.3 of 2018 dated.
11.07.2018 passed by Director (ITJ), Central Board Direct
Taxes, New Delni.
2.In view of the submission made, the appeal is_qaismissed as sucn.
SD/-_JUDGE
SD/-_
JUDGE
*pgn/-|
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