Ita/2760/2005 Of The Commissioner Of Income Tax v. Gauthamchand Bhandari
High Court
18 Oct 2019 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/2760/2005 Of The Commissioner Of Income Tax v. Gauthamchand Bhandari
Date of order
18 Oct 2019
Assessment year(s)
1988-1989
Outcome
Dismissed
Case summary
In Ita/2760/2005 Of The Commissioner Of Income Tax v. Gauthamchand Bhandari, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: RAVI, ADVOCATES) THIS|INCOMETAXAPPEAL|ISFILEDUNDER|SECTION 260-A OF THE INCOME TAX ACT 1961, ARISING|OUT OF ORDER DATED O9.02.72005 PASSED IN ITANO.18/BANG/2002 FOR THE ASSESSMENT YEAR 1988-1989 PRAYING TO SET ASIDE THE SAID ORDER OF THE.TRIBUNAL AND ETC.
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 BENGALURU
ON THE 18 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.2/760 OF 200
BETWEEN:
Ll.THE COMMISSIONER OF INCOME TAX.C.R. BUILDING, QUEENS ROADC.R. BUILDING, QUEENS ROAD
BENGALURU,
2DTHE DEPUTY COMMISSIONER OF INCOME TAX.CIRCLE-6(1) (INVESTIGATION)C.R. BUILDING, QUEENS ROADBENGALURU,CIRCLE-6(1) (INVESTIGATION)C.R. BUILDING, QUEENS ROADBENGALURU,
_. APPELLANTS
(BY SRI: JEEVAN J. NEERALGI, ADVOCATE FOR-SRI: K.V. ARAVIND, ADVOCATE)
AND=
GAUTHAMCHAND BHANDARINO.369/54, 80 FEET ROADRAJAJINAGAR, BENGALURU.
RESPONDENT|
(BY SRI: K. RAVI AND
SRI: K.S. RAVI, ADVOCATES)
THIS|INCOMETAXAPPEAL|ISFILEDUNDER|SECTION 260-A OF THE INCOME TAX ACT 1961, ARISING|OUT OF ORDER DATED O9.02.72005 PASSED IN ITANO.18/BANG/2002 FOR THE ASSESSMENT YEAR 1988-1989 PRAYING TO SET ASIDE THE SAID ORDER OF THE.TRIBUNAL AND ETC.
OK OOK
THIS INCOME TAX APPEAL COMING ON FOR FINALHEARING THIS DAY, RAVI MALIMATH J., DELIVERED THE.FOLLOWING:
JUDGMENT
The learned counsel for the appellants submit thatthe appeal is not maintainable in view of the monetarylimits in terms of Circular No.1/7 of 2019 dated 08.08.2019
passed by Director (1TJ), Central Board Direct Taxes, New)Delhl.
2.In view of the submission made, the appeal is_qaismissed as sucn.
Sd/-
JUDGE
*pgn/-|
Sd/- |
JUDGE
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