Ita/552/2013 Of The Commissioner Of Income Tax v. Smt K Jayalakshmi

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1/ DAY OF AUGUST 2020 PRESENT THE HON’BLE MR. JUSTICE ALOK ARADHE AND| THE HON’BLE MR. JUSTICE H.T.NARENDRA PRASAD 1LT.A. NO.552 OF 2013 BEI|WEEN 1.THE COMMISSIONER OF INCOME-TAX PARK VIEW BUILDING NO.284/1, 4 MALN. PJ) EXTENSION DAVANAGERE - 5/77 OO? 2.|THE ASST. COMMISSIONER OF INCOME-TAX CIRCLE-1, NO.70, 100 FEET ROAD GOPALAGOWDA EXTENSION) SHIMOGA - 5/77 270 _.. APPELLANTS (BY Mr. M. DILIP, A/W Mr. K.V. ARAVIND, ADVS.) AND SMT.K.JAYALAKSHM]PROPRX. SRI KRISHNA TRANSPORT|& SNEHA ENTERPRISESSAVARKAR NAGAR, BH ROADSHIMOGA |—_ RESPONDENT (BY SMT.PRATIBHA R., ADV. FOR MR.S.PARTHASARATHI,|ADV.) THIS IJ§.T.A. IS FILED UNDER SECTION 260-A OI.T.ACT, 1961 ARISING OUT OF ORDER DATED 13.06.2013|PASSED IN ITA NO.1035/BANG/2012, FOR THE ASSESSMENTYEAR 2008-09, PRAYING TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATED THEREIN, I]. ALLOW THE APPEAL AND SET ASIDE THE ORDERSPASSED|BYTHE|LTAT,.BANGALOREINLTA.NO.1035/BANG/2012 DATED 13.06.2013 AND CONFIRM THE|ORDER PASSED BY THE ASST. COMMISSIONER OF INCOME|TAX, CIRCLE-1,SHIMOGA. THIS I.T.A. COMING ON FOR HEARING, THIS DAY,ALOK ARADHE J.,DELIVERED THE FOLLOWING: JUDGMENT Mr.K.V.Aravind,jiearneccounsel|alongWItnMr.M.Dilip, learned counsel for the revenue. Smt.PrathibaR.,|jiearnedcounsel]for Mr.S.Parthasarathi, learned counsel for the assessee. 2. Learned counsel for the respondent submits that|the tax effect in this appeal is less than41 Crore andtherefore, the appeal may not be maintainable in view ofthe Circular No.17/2019 dated 08.08.2019. 3. In view of the aforesaid submission, learned| counsel for the appellants submits that he be grantedliberty to revive the appeal in case the tax effect is morethan|V1 Crore. 4. In view of the aforesaid submissions, the appeal is disposed of with liberty to the appellants to revive thisappeal in case the tax effect is more than.41 Crore. RY| Sd/- JUDGE Sd/-"JUDGE