Ita/186/2009 Of The Commissioner Of Income Tax v. Smt Jalajakshi B Hegde

IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATEBD THIS THR [nd]DAY OF DECEMBER, 2014. PRESENT THR HON' BLE MR. JUSTICK N.KUMAR AND THR HON' BLE MR. JUSTICK B. MANOHAR INCOME TAX APPEAL No. 1860/200 BERITIWE 1.The Commissioner of Income Tax, C.R. Building,| AttavaraMangalore.Mangalore. a2The Deputy Commissioner of Income Tax,Income Tax Investigation Circle,Mangalore._. APPBELLANTSIncome Tax Investigation Circle,Mangalore._. APPBELLANTS (BY SRI E.I. SANMATHI, ADVOCATE) AND: omt. Jalajakshi B. Hegde,W/o M. Balakrishna Hegde,‘Gokul’ Shivbagh Main Road,Near 4[5(]Cross,Kadri,Mangalore. ... RESPONDENT (BY SRI A. SHANKAR & M. LAVA, ADVOCATES) This ITA is filed under Section VJ6O0O-A of tIncome Tax Act, 1961 arising out of Order dated1.12.2008 passed in IT(SS)A No. 139/BNG/2003, forthe assessment year 1.4.1989 to 28.6.1999 praying toformulate the substantial questions of law statedtherein and to allow the appeal and set aside the orderpassedby theITATBangalore|1nNTT(SS)A No.139/BNG/2003, dated 1.12.2008 and confirm theorder passed by the Assessing Authority in the interestof justice and equity. This Income Tax Appeal coming on for Hearingthis day, N. Kumar J., delivered the following: JUDGMENT The revenue has preferred this appeal challengingthe order passed by the Tribunal. 2. The revenue has not challenged the additionsdeleted by the Tribunal and are not the subject matterof this appeal. The net tax effect which is the subjectmatter of this appeal is Rs.55,710/-. In view of CircularNo.2/2005, the appeal is not maintainable as it is lessthan Rs.4,00,000/-. Therefore, the appeal is dismissedon the ground of monitory tax limit. od/-Judge od/-/Judge Nsu/-.