Ita/590/2018 Of The Commissioner Of Income-Tax Ltu v. M/S. Karnataka Power Transmission Corporation Ltd

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.590 OF 2701 BEI|WEEN 1.THE COMMISSIONER OF INCOME-TAX |LTU, 7 FLOOR, BMTC BUILDING|LTU, 7 FLOOR, BMTC BUILDING| SO FEET ROAD, KORMANGALA BENGALURU-560 095. 2DTHE INCOME-TAX OFFICER (OSD)( TDS).LIU, 7 FLOOR, BMTC BUILDING.80 FEET ROAD, KORMANGALABENGALURU-560 095.LIU, 7 FLOOR, BMTC BUILDING.80 FEET ROAD, KORMANGALABENGALURU-560 095. _. APPELLANTS. (BY SRI: DILIP, ADVOCATE FOR-SRI: K.V. ARAVIND, ADVOCATE)SRI: K.V. ARAVIND, ADVOCATE) AND" M/S. KARNATAKA POWER TRANSMISSION |CORPORATION LIMITEDEXECUTIVE ENGINEER (ELE)MAJOR WORKS DIVISION PRASARANA BHAVANOPPOSITE: GOPAL CEMENT FACTORY.NEAR BUDDHA VIHAR GATE.SEDAM ROADKALABURAGI[-585 277) RESPONDENT| (BY SRI: SHARATH, ADVOCATE FORSRI: CHYTHANYA K.K., ADVOCATE)| THIS|INCOMETAXAPPEAL|[S|FILEDUNDER|SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT|OF|ORDER.DATEDO27 .05.720PASSED|IN|ITANO.2248/BANG/2017, FOR THE ASSESSMENT YEAR 2013-2014, VIDE ANNEXURE-C, PRAYING THIS HON'BLE COURT|TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATED ABOVE; ALLOW THE APPEAL AND SET ASIDE THEORDERSPASSED|BYTHE|INCOME-TAXAPPELLATETRIBUNAL, BENGALURU IN ITA NO.2248/BANG/201/7DATED 02.05.2018, VIDE ANNEXURE-C AND CONFIRM THE.ORDER OF THE APPELLATE COMMISSIONER CONFIRMING.THE ORDER PASSED BY THE INCOME TAX OFFICER (OSD)|(TDS), LTU, 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 OOK THIS INCOME TAX APPEAL COMING ON FOR FINAL|HEARING THIS DAY, RAVI MALIMATH J., DELIVERED THEFOLLOWING: C 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 ZO1L9 dated 08.08.201 passed by Director (1TJ), Central Board Direct Taxes, New)Delnl. 2).In view of the submission made, the appeal isdismissed as such. Sd/- _ JUDGE *pgn/-— Sd/-| JUDGE |