Ita/166/2013 Of The Director Of Income Tax v. Shri Vivek Jairazbhoy

IN THR HIGH COURT OF KARNATAKA AT BENGALURU DATRD THIS THE 31 DAY OF MARCH 2016 PRESENT THR HON’BLE MR.JUSTICE JAYANT PATEL AND THR HON’BLE MRS. JUSTICE B.V.NAGARATHNA INCOME TAX APPEAL No.166/2013 BETWEEN: 1)THR DIRECTOR OF [INCOME-TAXINTERNATIONAL TAXATIONRASHTROTHANA BHAVAN)NRUPATHUNGA ROADBANGALORE |INTERNATIONAL TAXATIONRASHTROTHANA BHAVAN)NRUPATHUNGA ROADBANGALORE | a2THR DY.COMMISSIONBR OF INCOMBE-TAX INTERNATIONAL TAXATIONCIRCLE-2RASHTROTHANA BHAVAN)NRUPATHUNGA ROADBANGALORE |INTERNATIONAL TAXATIONCIRCLE-2RASHTROTHANA BHAVAN)NRUPATHUNGA ROADBANGALORE | ... APPELLANTS (BY SRILK.V.ARAVIND, STANDING COUNSEL) AND: SHRI VIVBEK JAIRAZBHOY|NO.17/2, MILLERS ROADBANGALORE — 560046. _ RBSPONDENT (BY SRIA.SHANKAR, ADVOCATE) THIS INCOMB TAX APPBAL [IS FILED UNDERSEC.260-A OF INCOME TAX ACT 1961, ARISING OUT)OF ORDER DATED: 14/12/2012 PASSED IN ITA.NO.236/BANG/2012, PRAYING TO FORMULATE THESUBSTANTIAL QUESTIONS OF LAW STATED THEREIN|AND ALLOW THR APPKAL AND SBT ASIDBK THEORDERS PASSED BY THE ITAT, BANGALORE IN ITA)NO.236/BANG/2012.DATED|14/12/2012AND,CONFIRM.THEORDEROFTHEAPPBRLLATECOMMISSIONER CONFIRMING THR ORDER PASSED|BY THE DEPUTY COMMISSIONER OF INCOME TAX,|CIRCLE-2, BANGALORE. THIS APPBAL COMING ON FOR HBRBARING THIDAY,JAYANTPATELJ*)fDELIVEREDTHEFOLLOWING: JUDGMBNT As such, the appeal is admitted. However, learnedcounsel appearing for appellant-Revenue Mr.Aravindstates, as the tax effect in the present appeal is lessthan Rs.20O lakhs though the amount is wronglymentioned in the memorandum of appeal. Further hestates that the present appeal is not to be pressed inview of Circular of CBDT dated 10.12.2015. 2. The said circular is taken on record. 3. The appeal is disposed of as not pressed. ok/- Sd/-.JUDGE| Sd/-. JUDGE|