Ita/156/2012 Of The Commissioner Of Income-Tax v. Shri H Ibrahim

IN THE HIGH COURT OF KARNATAKA AT BBNGALURU DATBD THIS THR 17 DAY OF DECEMBER, 20109 PRESENT THR HON'BLE MR. JUSTICK VINEBT SARAN| AND THR HON’BLE MRS. JUSTICK S.SUJATHA ITA No. 156/2012 1. THE COMMISSIONER OF INCOME-TAX PARK VIEW BUILDING, NO. 284/1, 4[‘L]MAIN, P.J.EXTENSION, DAVANAGERE. — 2. LHE INCOME TAX OFFICER,WARD-1, NO. 70, 100 FEET ROAD, |GOPALAGOWDA EXTENSION,SHIMOGA-5/7 201._ APPBRLLANTS) (BY SRI. K.V. ARAVIND & MS. PREETHI.J.D.-ADVs) AND SHRI. H. IBRAHIM.EXCISE CONTRACTOR,KOTE POST OFFICE ROAD,SHIMOGA.. —. RESPONDENT (BY SRI. A. SHANKAR & SRI. M.LAVA-ADVs) THIS [TA IS FILED UNDER SBCTION JO0A OF [INCOMETAX ACT, 1961, PRAYING TO SET ASIDE THE ORDERS PASSED|BY THE ITAT, BANGALORE IN ITA NO. 969/BANG/2010 DATED:13.1.2012, ETC. THIS ITA COMING ON FOR HEARING THIS DAY, VINEET SARAN J..DELIVERED THE FOLLOWING: JUDGMENT Learned counsel for the appellants-Revenue has.placed before us a recent Circular No.21/2015 dated|10.12.2015, issued by the Central Board of Direct taxes,wherein the monetary limit of the tax eftect for filing appealsbefore the High Court has been enhanced from Rs.10 lacs to |Rs.20 lacs. before the High Court has been enhanced from Rs.10 lacs to | In paragraph-10 of the said Circular, it has beenclarified that the same will apply retrospectively to pending|appeals also, which, if below the specified tax limits, may bewithdrawn/not pressed. 2.Learned counsel for the appellants has stated.that the tax effect in the present appeal is below the specifiedlimit of Rs.20 lacs. 3.Accordingly, in view of the Circular No.21/2010dated 10.12.2015, the tax effect in this appeal being less|than Rs.20 lacs, the appeal standsdismissed. TL sd/- | JUDGE| Sd/-. JUDGE|