Ita/420/2017 Of Pr Commissioner Of Income Tax v. Karnataka State Tourism

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.4270 OF 270 BETWEEN: Ll.PR, COMMISSIONER OF INCOME TAX-4BMTC COMPLEXBMTC COMPLEX KORMANGALA, BENGALURU. 2DDEPUTY COMMISSIONER OF INCOME TAX)CIRCLE-4(1)(1), BENGALURU.CIRCLE-4(1)(1), BENGALURU. _. APPELLANTS (BY SRI: E.I. SANMATHI, ADVOCATE) AND= KARNATAKA STATE TOURISM.DEVELOPMENT CORPORATION LIMITED NO.49, 2 FLOOR, WEST AVENUE|KHANIJA BHAVAN|RACE COURSE ROAD|BENGALURU-560 OOL. . RESPONDENT (BY MISS: MANASA ANANTHAN, ADVOCATE FOR-SRI: T. SURYANARAYANA, ADVOCATE)SRI: T. SURYANARAYANA, ADVOCATE) THIS|INCOMETAXAPPEAL|ISFILEDUNDER|SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT|OF|ORDER.DATED25.01.2017.PASSED|IN|LIANO.10/70/BANG/2016, FOR THE ASSESSMENT YEAR 20112012, PRAYING THIS HON BLE COURT TO DECIDE THE|FOREGOING QUESTION OF LAW AND / OR SUCH OTHER)QUESTIONS OF LAW AS MAY BE FORMULATED BY THE|HON BLE COURT AS DEEMED FIT AND SET ASIDE THE|APPELLATE ORDER DATED 25.01.201/7 PASSED BY THEINCOME|TAXAPPELLAIETRIBUNAL,‘CcBENCH,BENGALURU AS SOUGHT FOR, IN THE RESPONDENT-ASSESSEE'S CASE, IN APPEAL PROCEEDINGS IN ITA|NO.10/70/BANG/2016, FOR THE ASSESSMENT YEAR 20112012 AND GRANT SUCH OTHER RELIEF AS DEEMED FIT,|IN THE INTEREST OF JUSTICE. OK OOK THIS INCOME TAX APPEAL COMING ON FOR FINAL|HEARING THIS DAY, RAVI MALIMATH J., DELIVERED THEFOLLOWING: JUDGMENT The learned counsel for the appellants submit tnatthe appeal is not maintainable in view of the monetarylimits in terms of Circular No.1/7 of 2019 dated 08.08.2019 C 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 |