Ita/199/2013 Of Commissioner Of Income Tax-Iv v. M/S 3G Wireless Communication Pvt Ltd

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.199/2013 l.COMMISSIONER OF INCOME TAX-IVCENTRAL REVENUE BUILDINGS,QUEENS ROAD,CENTRAL REVENUE BUILDINGS,QUEENS ROAD, BANGALORE -560 OO1. 2.THERE DEPUTLY COMMISSIONER OINCOME TAX, CIRCLE 12(4),BANGALORE.INCOME TAX, CIRCLE 12(4),BANGALORE. _ APPBRLLANTS) (BY SRI. E.I. SANMATHI-ADV)| AND M/S 3G WIRELESS COMMUNICATION |PVT. LTD, NO.5, GULMOHAR ENCLAVE,KUNDALAHALLI GATE,BANGALORE-560 O37. ... RESPONDENT (BY SRI. ATUL K. ALUR-ADV) THIS ITA IS FILED UNDER SECTION 260-A OF LT. ACT,|1961 PRAYING TO SBT ASIDE THR COMMON APPBLLATEKORDER OF THE ITAT ‘C’ BENCH, BANGALORE IN ITANO.379/BANG/2012 DATED 04.12.2012. THIS ITA COMING ON FOR ADMISSION THIS DAY,VINEET SARAN J..DELIVERED THE FOLLOWING: JUDGMENT Learned counsel for the appellants-Revenue hasplaced 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.21/2015dated 10.12.2015, the tax effect in this appeal being less|than Rs.20 lacs, the appeal standsdismissed. TL Sd/- | JUDGE| Sd/-. JUDGE|