Ita/472/2009 Of The Commissioner Of Income Tax v. M/S Sasken Communication Technologies Limited

1ITA 472 /2009 | IN THR HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 02 DAY OF FEBRUARY, 2015 PRESENT: THERE HON'BLE Mr.JUSTICE N.KUMA AN D THR HON'BLEB Mr.JUSTICEB B.VBBRAPP Income.Tax Appeal No : 472 of 2009 BETWEEN 1.THR COMMISSIONBR OF INCOMB TAX ©C.R.BUILDING, QUEENS ROADBENGALURU..C.R.BUILDING, QUEENS ROADBENGALURU.. 2.THER ASSISTANT COMMISSIONBROF INCOME TAX, CIRCLE-12(2),C.R.BUILDING, QUEENS ROADBENGALURU..OF INCOME TAX, CIRCLE-12(2),C.R.BUILDING, QUEENS ROADBENGALURU.. ... APPELLANTS| (By Sri. K.V.ARAVIND, Adv.) AND: M/s. SASKEN COMMUNICATION TECHNOLOGIES LIMITED, DOMLUR RING ROAD, BENGALURU. _. RESPONDENT. (By Sri. CHYTHANYA.K.K., Adv.) pITA 472 /2009 | This ITA filed u/S.260-A of I.T.Act, 1961 arising out of Order dated 01-05-2009 passed in ITA No.889/BNG/2008,for the Assessment Year 1999-2000, praying that thisHon'ble Court may be pleased to: i. formulate the substantial questions of law statedtherein, 11. allow the appeal and set aside the order passed by the ITAT Bengaluru in ITA No.889/BNG/2008, dated |01-05-2009,confirmingtheorderoT|theAppellateCommissioner and confirm the order passed by theAssistant Commissioner of Income Tax, Cuircle-12(2),Bengaluru, in the interest of justice and equity. This Appeal coming on for Hearing, this day, | N.KUMAR, J.,delivered the following; JU DBiGMENT The net tax effect which is involved in this appeal is around Rs.1,26,Q000/-. oDIn view of the Circular No.os/2008 dated 15.05.2004, as the net tax eifiect is less thanRs.4 Lakhs, this appeal is not maintainable. DITA 472 /2009 | D 3 Accordingly, the appeal is dismissed, on the| eround, the subject matter being less than the| monetary limit prescribed under the above said|Circular. adh* Sd/-JUDGE Sd/-| JUDGE