Ita/203/2013 Of Commissioner Of Income Tax-Iii v. Smt Vaishnavi Tekumalla
High Court
17 Dec 2015 In favour of: Unclear
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/203/2013 Of Commissioner Of Income Tax-Iii v. Smt Vaishnavi Tekumalla
Date of order
17 Dec 2015
Assessment year(s)
—
Outcome
Other
Case summary
In Ita/203/2013 Of Commissioner Of Income Tax-Iii v. Smt Vaishnavi Tekumalla, the High Court (2015) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
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. 203/2013
1. COMMISSIONER OF INCOME TAX-III,
C.R.BUILDING, QUEENS ROAD,
BANGALORE. |
”2. ASSISTANT COMMISSIONER
OF INCOME TAX, CIRCLE 12(1),
BANGALORE .
. APPHLLANTS >
(BY SRI. E.I. SANMATHI-ADV)|
AND
SMT. VAISHNAVI THKUMALLANO.795, 12 ‘B’ CROSS,23 , JU.P.NAGAR, PHADSE,,BANGALORE-560 O71.)
.. RESPONDENT
(BY SRI. S.PARTHASARATHI & MSs. JINITA CHATTERJEE-ADVs
THIS TTA IS FILED UNDER SECIION JoOOA OF INCOMETAX ACT, 1961, PRAYING TO SET ASIDE THE ORDER DATED:14.12.2012 PASSED BY THE ITAT, “B’ BENCH, BANGALORE INTHE PROCEEDINGS ITA NO.448/BANG/2012, ETC.|
THIS ITA COMING ON FOR HEARING 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.
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.
TTL
Sd/-.JUDGE|
Sd/-.
JUDGE|
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue