Ita/444/2010 Of The Commissioner Of Income Tax v. Sri. G T Vishwanathan
High Court
17 Dec 2015 In favour of: Unclear
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/444/2010 Of The Commissioner Of Income Tax v. Sri. G T Vishwanathan
Date of order
17 Dec 2015
Assessment year(s)
—
Outcome
Other
Case summary
In Ita/444/2010 Of The Commissioner Of Income Tax v. Sri. G T Vishwanathan, the High Court (2015) 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 THE HIGH COURT OF KARNATAKA AT BENGALURUDATED THIS THE 17 DAY OF DECEMBER, 2015)
PRESENT
THE HON'BLE MR. JUSTICE VINEET SARAN
AND
THE HON’BLE MRS. JUSTICE S.SUJATHA
ITA No. 444/2010
1. THE COMMISSIONER OF
INCOME TAX, C.R. BUILDING,
QUEENS ROAD,
BANGALORE. |
2. THR INCOME TAX OFFICERWARD - 1(2), C.R.BUILDING, |WARD - 1(2), C.R.BUILDING, |
QUEENS ROAD, BANGALORE. |
_APPBLLANTS|
(BY SRI. K.V.ARAVIND & Ms. PREETHI.J.D.-ADVs)
AND
SRI. G.T. VISHWANATHAN|NO.4, “MARY VILLA’,PARANJYOTHI ROAD,FRAZER TOWN, |BANGALORE.
_. RESPONDENT
(BY SRI. A. SHANKAR & SRI. M. LAVA-ADVs)
THIS ITA IS FILED U/S 260-A OF I.T. ACT, 1961 PRAYING|TO SET ASIDE THE ORDER PASSED BY THE ITAT, BANGALORE|IN ITA NO.1103/BANG/2009 DATED 27.7.2010, ETC.
THIS APPKAL COMING ON FOR FINAL HBARING THIS|DAY,VINEET SARAN J..DELIVERED THR FOLLOWING:
JUDGMENT
Learned counsel for the appellants-Revenue has.placed before us a recent Circular No.21/2015 dated|10.12.2015, issued by the Central Board of Direct taxes,wherein the monetary limit of the tax eftect for filing appealsbefore the High Court has been enhanced from Rs.10 lacs to |Rs.20 lacs.
before the High Court has been enhanced from Rs.10 lacs to |
In paragraph-10 of the said Circular, it has beenclarified that the same will apply retrospectively to pending|appeals also, which, if below the specified tax limits, may bewithdrawn/not pressed.
2.Learned counsel for the appellants has stated.that the tax effect in the present appeal is below the specifiedlimit of Rs.20 lacs.
3.Accordingly, in view of the Circular No.21/2010dated 10.12.2015, the tax effect in this appeal being less|than Rs.20 lacs, the appeal standsdismissed.
TL
od/-/JUDGE|
sd/-
JUDGE|
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