Ita/358/2011 Of The Director Of Income Tax v. M/S Anz Operations & Technology Pvt. Ltd
High Court
07 Sep 2020 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/358/2011 Of The Director Of Income Tax v. M/S Anz Operations & Technology Pvt. Ltd
Date of order
07 Sep 2020
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/358/2011 Of The Director Of Income Tax v. M/S Anz Operations & Technology Pvt. Ltd, the High Court (2020) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, in view of the circular dated)08.08.2019, the appeal is dismissed as not pressed.
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 BENGALURUDATED THIS THE / DAY OF SEPTEMBER 2020
PRESENT
THE HON’BLE MR. JUSTICE ALOK ARADHE
AND|
THE HON’BLE MR. JUSTICE H.T.NARENDRA PRASAD
1LT.A. NO.358 OF 2011
BEI|WEEN
1.THE DIRECTOR OF INCOME-TAX(INTERNATIONAL TAXATION)(INTERNATIONAL TAXATION)
RASHTROTHANA BHAVAN.
NRUPATHUNGA ROAD
BANGALORE.
2.THE DEPUTY DIRECTOR OF INCOME TAX
INTERNATIONAL TAXATION
CIRCLE-1(1)_
RASHTROTHANA BHAVAN.
NRUPATHUNGA ROAD, BANGALORE.|
... APPELLANTS
(BY SRI. K.V. ARAVIND, ADV.)
AND
M/S. ANZ OPERATIONS & TECHNOLOGY PVT. LTD.,EMBASSY GOLF LINKS BUSINESS PARK|OFF. INTERMEDIATE RING ROADBANGALORE -—- 560 O/1
... RESPONDENT
(BY SRI. T. SURYANARAYANA, ADV.)
THIS IJ§.T.A. IS FILED UNDER SECTION 260-A OI.T.ACT, 1961, ARISING OUT OF ORDER DATED 28-04-2011|PASSED IN ITA NO.482/BANG/2010 FOR THE ASSESSMENT|YEAR 2008-09, PRAYING TO:
I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATED THEREIN.»
Il. ALLOW THE APPEAL AND SET ASIDE THE ORDERS|PASSED|BYTHE|ITAT,.BANGALOREIN|ITANO.482/BANG/2010 DATED 28-04-2011 AND CONFIRM THE|ORDER OF THE APPELLATE COMMISSIONER CONFIRMING|THE ORDER PASSED BY THE DEPUTY DIRECTOR OF INCOME|TAX, INTERNATIONAL TAXATION, CIRCLE-1(1), BANGALORE,IN THE INTEREST OF JUSTICE AND EQUITY.
THIS I.T.A. COMING ON FOR HEARING, THIS DAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING:
JUDGMENT
Mr.K.V.Aravind, learned counsel for the revenue.
Mr.T.Suryanarayana,learnedcounsel for.the|aSSeSsSee.
2. Learned counsel for the respondent submitted|that the tax effect in this appeal is less than.=1 Croreand therefore, the appeal may not be maintainable inthe light of the Circular No.17/2019 dated 08.08.2019|issued by the Central Board of Direct Taxes.
3. Learned counsel for the appellants fairly|Submitted that the tax effect Is less than=1 Crore and in/view of the aforesaid circular, the appeal is notmaintainable.
4. Accordingly, in view of the circular dated)08.08.2019, the appeal is dismissed as not pressed.
Sd/-JUDGE
Sd/-"JUDGE
RV|
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