Ita/467/2018 Of The Pr Commissioner Of Income Tax v. Shri Srinivas Rao Hoskote
High Court
04 Dec 2018 In favour of: Assessee
Forum / Bench
High Court · karnataka_bng_old
Parties
Ita/467/2018 Of The Pr Commissioner Of Income Tax v. Shri Srinivas Rao Hoskote
Date of order
04 Dec 2018
Assessment year(s)
2011-2012
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Ita/467/2018 Of The Pr Commissioner Of Income Tax v. Shri Srinivas Rao Hoskote, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2 |In view of the submission made, the appeal is dismissed as such. | SD/- SD/-| JUDGE | JUDGE | *pgn/-.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF KARNATAKA AT BENGALURU ON THE 4 DAY OF DECEMBER, 2018 |
BEFORE
THE HON'BLE MR. JUSTICE RAVI MALIMATH
AND.
THE HON’BLE MR.JUSTICE K.NATARAJAN
INCOME TAX APPEAL NO.46/7 OF 201
BETWEEN:
1.|THE PR. COMMISSIONER OF INCOME TAX.5TH FLOOR, BMTC BUILDING |80 FEET ROAD, KORMANGALA_BENGALRUU - 560095|5TH FLOOR, BMTC BUILDING |80 FEET ROAD, KORMANGALA_BENGALRUU - 560095|
2 |THE ASSISTANT COMMISSIONER OF INCOME TAXCIRCLE - 2 (3) (1)2ND FLOOR, BMTC BUILDING |80 FEET ROAD, KORMANGALA_BENGALURU - 560095|CIRCLE - 2 (3) (1)2ND FLOOR, BMTC BUILDING |80 FEET ROAD, KORMANGALA_BENGALURU - 560095|
.., APPELLANTS
(BY SRI:K V ARAVIND, ADVOCATE)
AND"
SHRI.SRINIVAS RAO HOSKOTENO.4 OF 7, 3RD FLOORSIDDA ENCLAVE, NEHRUNAGAR1ST MAIN ROAD, SESHADRIPURAMBENGALURU -560070PAN: AAEPH 84/77]
.., RESPONDENT
THIS INCOME TAX APPEAL [IS FILED UNDER SECTION260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER|DATED|21.02.2018PASSEDININCOMETAX.APPEALNO.1155/BANG/2015, FOR THE ASSESSMENT YEAR 2011-2012, PRAYING THIS HON BLE COURT TO FORMULATE THE|SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE; ALLOW|THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE.INCOME-TAX APPELLATE TRIBUNAL, BENGALURU IN INCOME|TAX|APPEALNO.1155/BANG/2015|DATED|21.02.2018CONFIRMING THE ORDER OF THE APPELLATE COMMISSIONER|AND CONFIRM THE ORDER PASSED BY THE ASSISTANT|COMMISSIONEROF|INCOMETAX,CIRCLE-2(3)(1),BENGALURU AND TO PASS SUCH OTHER SUITABLE ORDERS|AS THIS HON'BLE COURT DEEMS FIT TO GRANT IN THE!FACTS AND CIRCUMSTANCES OF THE CASE IN THE INTEREST.OF JUSTICE AND EQUITY.
OK AK
THIS INCOME TAX APPEAL COMING ON FOR ORDERS|THIS DAY, RAVI MALIMATH J., DELIVERED THE FOLLOWING:
JUDGMENT
The learned counsel for the appellants submit that the|appeal is not maintainable in view of the monetary limits and|also in terms of Circular No.3 of 2018 dated 11.07.2018|passed by Director (ITJ), Central Board Direct Taxes, New|Delnl.
2 |In view of the submission made, the appeal is
dismissed as such. |
SD/- SD/-|
JUDGE |
JUDGE |
*pgn/-.
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