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Ita/278/2013 Of The Commissioner Of Income Tax v. M/S Health Care Global Enterprises Ltd

High Court 21 Sep 2016 In favour of: Unclear
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/278/2013 Of The Commissioner Of Income Tax v. M/S Health Care Global Enterprises Ltd
Date of order
21 Sep 2016
Assessment year(s)
Outcome
Other

Case summary

In Ita/278/2013 Of The Commissioner Of Income Tax v. M/S Health Care Global Enterprises Ltd, the High Court (2016) 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 THR HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21 DAY OF SKHPTRBMBER 2016 PRESENT THR HON’BLE MR.JUSTICE JAYANT PATEL AND THR HON’BLE MR.JUSTICK ARAVIND KUMAR| ITA NO.278/2013 BETWEEN: 1. THE COMMISSIONER OF INCOME TAX,C R BUILDING,QUEENS ROAD,BANGALORE. 2. THRE DEPUTY COMMISSIONER OF INCOME TAXCIRCLE-»9 (1),C R BUILDING,QUEENS ROAD,BANGALORE. — APPBRBLLANTS|. (BY SRILK.V.ARAVIND, ADV. FOR|oRI.G.KAMALADHAR, ADV.) AND: M/S HEALTH CARE GLOBAL ENTERPRISES LTD., NO.8, HCG TOWER,P KALINGA RAO ROAD, SAMPANGIRAMANAGAR, BANGALORE — 560 O10. .. RESPONDENT (BY SRI.A.SHANKAR & SRI.M.LAVA, ADVOCATES) THIS ITA IS FILED UNDER SEC.260-A OF I.T. ACT,1961, ARISING OUT OF ORDER DATED 18/01/2013)PASSEDIN|TTA.NO.451/BANG/2012,FOR,THBRASSKSSMENTYKBAR2008-2009, PRAYINGTO|FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATKD THRRBIN AND ALLOW THR APPBAL AND SKEEASIDE THE ORDER PASSED BY THE ITAT, BANGALORE|IN|ITANO.451/BANG/2012DATHKD18/01/2013|CONFIRMING|THBRORDEROF|THRAPPELLATECOMMISSIONBR AND CONFIRM THR ORDER PASSED|BY THE DEPUTY COMMISSIONER OF INCOME TAX,|CIRCLE-95(1), BANGALORE. THIS APPKBAL COMING ON FOR HBARING THISDAY,JAYANT PATEL J., DELIVERED THE FOLLOWING: JUDGMBNT When the matter is taken up for hearing, thelearned counsel appearing for the Revenue states thatas per the Circular dated 10.12.2015 issued by theCentral Board of Direct Taxes (‘CBDT” for short), as themonetary limit for pursuing the appeal is raised fromRs.10,00,000/- (Ten Lakhs) to Rs.20,00,000/- (Twenty lakhs) for the High Court litigation and same wouldapply to all pending matters and as the subject matterof the present appeal is not exceeding Rs.20 lakhs, hedoes not press the present appeal. | Hence, the appeal shall stand disposed of as notpressed. ok/- Sd/-.JUDGE|Sd/-.JUDGE|
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