Ita/208/2013 Of Commissioner Of Income Tax v. M/S Mistral Software Pvt Ltd

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 18 DAY OF DBCBMBER 2015 PRESENT THE HON’BLE MR.JUSTICE VINEET SARAN AND THE HON’BLE MRS.JUSTICE S SUJATHA ITA NO.208/2013 C/w. ITA NO.205/2013 BETWEEN 1.COMMISSIONER OF INCOME-TAX| CR. BUILDING BANGALORE; — III BANGALORE 2 |DY. COMMISSIONBR OF INCOME TAX, CIRCLE 12]1], BANGALORE, .. COMMONAPPELLANTS (BY SRI E.I. SANMATHI, ADV.,) | AND M/S. MISTRAL SOFTWARE PVT. LTD.,INOW KNOWN AS MISTRAL|SOLUTIONS PVT. LTD.,]|NO.60, ADARSH REGENT,100 FT. RING ROAD,DOMLUR BXTBNSIONBANGALORE — 560 O71 ... COMMONRESPONDENT (BY SMT. H. VANI, ADV..,) ITA NO.208/2013 IS FILED UNDER SECTION2600-A OF INCOME TAX ACT 1961, PRAYING TO SETASIDE;THE.ORDER|PASSHBDBYTHKITAT, BANGALORE, IN ITA NO.401/BANG/2012 DATED|3.19.901292 AND ORDBR OF COMMISSIONBR OINCOME TAX, — III, BANGALORE, DATED8.129.2901IN|APPEBAINO.119/C-12[1]/CIT|A]-HI/BNG/O9-10. — ITA NO.205/2013 IS FILED UNDER SECTION2600-A OF INCOME TAX ACT 1961, PRAYING TO SETASIDE;THE.ORDER|PASSHBDBYTHBKITAT, BANGALORE, IN ITA NO.400/BANG/2012 DATED|3.19.901292 AND ORDBR OF COMMISSIONBR OINCOME TAX, — III, BANGALORE, DATED16.12.2011.IN|APPBALNO.194/C-12[1]/CITJA]-HI/BNG/08-O9. — THESE APPEALS COMING ON FOR HEARING,THIS DAY,VINEET SARAN J©, DELIVERED THE)RFOLLOWING: 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 effect for|filing appeals before the High Court has been|enhanced from Rs.10 lacs to Rs.20 lacs. — In paragraph-10 of the said Circular, it has been clarified that the same will apply retrospectively| to pending appeals also, which, if below the specified|tax limits, may be withdrawn/not pressed. |Learned counsel for the appellants has)stated that the tax elfect in the present appeal is|below the specified limit of Rs.20 lacs. 3.|Accordingly, in view of the Circular)No.21/2015 dated 10.12.2015, the tax effect in these|appeals being less than Rs.20 lacs, the appeals standaismissed. AN /- Sd/-|JUDGE Sd/-|JUDGE|