Ita/217/2011 Of The Commissioner Of Income-Tax v. M/S Crane Software International Ltd

IN THE HIGH COURT OF KARNATAKA AT BENGALURU ON THE 3l[ST|]DAY OF OCTOBER, 2019 BEFORE. THE HON'BLE MR. JUSTICE RAVI MALIMATH AND THE HON’BLE MR. JUSTICE ASHOK S. KINAGI INCOME TAX APPEAL NO.21/7 OF JOL BEI|WEEN 1.)THE COMMISSIONER OF INCOME TAX.C.R.BUILDINGQUEENS ROADBENGALURU D> |THE DEPUTY COMMISSIONER OF INCOME-TAXCIRCLE-11(2)C.R.BUILDINGQUEENS ROADBENGALURU _.. APPELLANTS (BY SRI: DILIP, ADVOCATE FOR-SRI: K.V.ARAVIND, ADOVCATE) AND= M/S. CRANE SOFTWARE INTERNATIONAL LTD., BLOCK-1* FLOOR SHANKARANARAYANA BUILDINGBENGALURU-560001. ... RESPONDENT (BY SRI. ALSSHANKAR, SENIOR COUNSEL FORSRI. M.LAVA, ADVOCATE) THIS|INCOMETAXAPPEAL|ISFILEDUNDER|SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT|OF|ORDER.DATED05.02.2011,PASSEDIN|LTA]NO.775/BANG/2010, FOR THE ASSESSMENT YEAR 2006-2007, PRAYING THIS HON'BLE COURT TO (ij) FORMULATETHE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN,(i) ALLOW THE APPEAL AND SET ASIDE THE ORDERS|PASSED BY THE INCOME TAX APPELLATE TRIBUNAL,BENGALURUINLTA]NO.7/75/BANG/2010DATED08.02.7011 AND CONFIRM THE ORDER OF THE APPELLATE.COMMISSIONER CONFIRMING THE ORDER PASSED BY.THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-11(2), BENGALURU, IN THE INTEREST OF JUSTICE ANDEQUITY. AK AK THIS INCOME TAX APPEAL COMING ON FOR)HEARING THIS DAY, RAVI MALIMATH J., DELIVERED THEFOLLOWING: JUDGMENT The learned counsel for the appellants submit thatthe appeal is not maintainable in view of the monetary.limits in terms of Circular No.1/7 of 2019 dated 08.08.2019 passed by Director (1TJ), Central Board Direct Taxes, New| Delnl. 2).In view of the submission made, the appeal is Gismissed as sucn. Sd/-JUDGE *pgn/-— Sd/-JUDGE |