Ita/89/2008 Of The Commissioner Of Income Tax v. M/S Manipal Industries Ltd

IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 12 DAY OF OCTOBER, 2012. PRESENT THE HON’BLE MR.JUSTICE K. SREEDHAR RAO| AND THE HON’BLE MR.JUSTICE B.V.PINTO INCOME-TAX APPEAL NOs.89/2008, 92/2008, 94/2008,95/2008 AND 96/2008 C/W ITA.NOs.90/2008, 91/2008 AND 93/2008 ITA NO 89 OF 2008 BETWEEN 1.THR COMMISSIONER OF INCOME-TAXC.R.BUILDINGATTAVARAC.R.BUILDINGATTAVARA MANGALORE 2.THR DEPUTY COMMISSIONBR OF INCOME TAX.(ASST.), SPECIAL RANGE(ASST.), SPECIAL RANGE SPBRCIAL RANGE C.R. BUILDING ATTAVARA MANGALORE .. APPELLANTS| (BY SRI. K V ARAVIND, ADV.) AND M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL —576 119 ... RESPONDENT| (BY SMT. VANI H, ADV.) THIS ITA IS FILED U/S.260-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATEBED 04-09-2007 PASSED IITA NO.1272/BNG/2003, FOR THE ASSESSMENT YEAR|1985-1986, PRAYING THAT THIS HON'BLE COURT MAY BEPLEASED TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OFLAW STATED THEREIN, Il. ALLOW THR APPBAL AND SBT ASIDE THE ORDER.PASSEDBY|THRITAT|BANGALORE,IN|ITA|NO.1272/BNG/1993, DATED 14-09-2007 CONFIRM THE|ORDERSORF THR APPKHLLATKR COMMISSIONBR ANDDEPUTYCOMMISSIONBROF|INCOME.TAX|(ASST),SPECIAL RANGE, MANGALORE. ITA NO 92 OF 2008 BRTWREB 1.THR COMMISSIONER OF INCOME-TAXC.R. BUILDINGC.R. BUILDING QUEENS ROAD BANGALORE 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST)CR BUILDINGCR BUILDING AILTAVARA MANGALORE _. APPKBLLANTS (BY SRI.K.V.ARAVIND, ADV. FOR | ORI. M V SESHACHALA, ADV.) AND M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL —. RESPONDENT (BY SMT.VANI H, ADV.) THIS ITA IS FILED U/S.200-A OF LT.ACT, 1961.ARISING OUT OF ORDER DATED 14-09-2007 PASSKBD INITA NO.1274/BNG/1993, FOR THE ASSESSMENT YEAR1987-1988, PRAYING THAT THIS HON BLE COURT MAY BEPLEASEHKD TO I. FORMULATE THE SUBSTANTIAL QUESTIONS OFLAW SITATED THEREIN, Il. ALLOW THR APPBAL AND SET ASIDE THR ORDER.PASSEDBY|THEITATBANGALOREIN-ITA|NO.1274/BNG/1993, DATED 14-09-2007 CONFIRM THE|ORDERSORF THR APPKELLATK COMMISSIONER ANDEBPUTYCOMMISSIONEROF|INCOME|TAX|(ASST),SPECIAL RANGE, MANGALORE. ITA NO 94 OF 2008 BRTWREB 1.THRE COMMISSIONER OF INCOME -TAXC.R. BUILDINGQUEENS ROADC.R. BUILDINGQUEENS ROAD BANGALORE, 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST ) C R BUILDING ATTAVARA MANGALORE .. APPELLANTS| (BY SRI. K V ARAVIND, ADV.) AN] M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL —. RESPONDENT. (BY SMT. VANI H, ADV.) THIS ITA IS FILED U/S.260-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATBD 14-09-2007 PASSED IN]ITA NO.1275/BNG/1993, FOR THE ASSESSMENT YEAR|1990-1991, PRAYING THAT THIS HON'BLE COURT MAY BEPLEASED TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OFLAW STATED THEREIN, Il. ALLOW THR APPBAL AND SBT ASIDE THE ORDER.PASSEDBY|THRITAT|BANGALORE,IN|ITA|NO.1275/BNG/1993, DATED 14-09-2007 CONFIRM THE|ORDERSORF THR APPKHLLATKR COMMISSIONBR ADEPUTYCOMMISSIONBROF|INCOME.TAX|(ASST),SPECIAL RANGE, MANGALORE. ITA NO 95 OF 2008 BRTWREB 1.THR COMMISSIONER OF INCOME-TAXC.R. BUILDINGC.R. BUILDING QUEENS ROAD BANGALORE 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST ) C R BUILDING ATTAVARA MANGALORE ... APPELLANTS| (BY SRI. K V ARAVIND, ADV.) ANT M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL —. RESPONDENT. (BY SMT.VANI H, ADV.) THIS ITA IS FILED U/S.260-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATBD 14-09-2007 PASSED IN]ITA NO. 41/BNG/1995, FOR THE ASSESSMENT YEAR|1991-1992, PRAYING THAT THIS HON'BLE COURT MAY BEPLEASED TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OFLAW STATED THEREIN, Il. ALLOW THR APPBAL AND SBT ASIDE THE ORDER.PASSEDBY|THRITAT.BANGALORE,IN|ITA|NO.|41/BNG/1995, DATED 14-09-2007 CONFIRM THE ORDERSOF|THE.APPBRLLATECOMMISSION BRANDDEPUTYCOMMISISONBROF|INCOMETAX,|(ASST),SPBRCIALRANGE, MANGALORE. 1.THR COMMISSIONER OF INCOME-TAXC.R. BUILDINGC.R. BUILDING QUEENS ROAD BANGALORE 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST ) C R BUILDING ATTAVARA MANGALORE ... APPELLANTS| (BY SRI. K V ARAVIND, ADV.) ANT M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL —. RESPONDENT. (BY SMT.VANI H, ADV.) THIS ITA IS FILED U/S.260-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATBD 14-09-2007 PASSED IN]ITA NO. 41/BNG/1995, FOR THE ASSESSMENT YEAR|1991-1992, PRAYING THAT THIS HON'BLE COURT MAY BEPLEASED TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OFLAW STATED THEREIN, Il. ALLOW THR APPBAL AND SBT ASIDE THE ORDER.PASSEDBY|THRITAT.BANGALORE,IN|ITA|NO.|41/BNG/1995, DATED 14-09-2007 CONFIRM THE ORDERSOF|THE.APPBRLLATECOMMISSION BRANDDEPUTYCOMMISISONBROF|INCOMETAX,|(ASST),SPBRCIALRANGE, MANGALORE. ITA NO 96 OF 2008 BRTWREB 1.THR COMMISSIONER OF INCOME-TAXC.R. BUILDINGC.R. BUILDING QUEENS ROAD BANGALORE 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST)) C R BUILDING ATTAVARA MANGALORE ... APPELLANTS| (BY SRI. K V ARAVIND, ADV.) ANT M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL —. RESPONDENT. (BY SMT.VANI H, ADV.) THIS ITA IS FILED U/S.260-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATBD 14-09-2007 PASSED IN]ITA NO. 681/BNG/1993, FOR THE ASSESSMENT YEAR|1992-1993, PRAYING THAT THIS HON'BLE COURT MAY BEPLEASED TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OFLAW STATED THEREIN, Il. ALLOW THR APPBAL AND SBT ASIDE THE ORDER.PASSEDBY|THERITATBANGALOREIN-ITA|NO.|681/BNG/1993,DATED14-09-2007CONFIRMTHE.ORDERSORF THR APPKHLLATKR COMMISSIONBR ADEPUTYCOMMISSIONEROF|INCOME|TAX|(ASST),SPECIAL RANGE, MANGALORE. ITA NO 90 OF 2008 BRTWREB 1.THR COMMISSIONER OF INCOME-TAXC.R. BUILDINGC.R. BUILDING QUEENS ROAD BANGALORE, 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST ) C R BUILDING ATTAVARA MANGALORE .. APPELLANTS| (BY SRI. K V ARAVIND, ADV.) ANT M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL —. RESPONDENT (BY SMT. VANI H, ADV.) THIS ITA IS FILED U/S.260-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATBD 14-09-2007 PASSED IN]ITA NO.1273/BNG/1993, FOR THE ASSESSMENT YEAR|1986-1987, PRAYING THAT THIS HON'BLE COURT MAY BEPLEASED TO: I. FORMULATE THE SUBSTANTIAL QUESTIONS OFLAW STATED THEREIN, Il. ALLOW THR APPBAL AND SBT ASIDE THE ORDER.PASSEDBY|THERITATBANGALOREIN-ITA|NO.1273/BNG/1993, DATED 14-09-2007 CONFIRM THE|ORDERSORF THR APPKHLLATKR COMMISSIONBR ADEPUTYCOMMISISONBROF|INCOME|TAX|(ASST),SPECIAL RANGE, MANGALORE. ITA NO QO1 OF 200 BRTWREB 1.THR COMMISSIONER OF INCOME-TAXC.R. BUILDINGC.R. BUILDING QUEENS ROAD BANGALORE, 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST)CR BUILDING |CR BUILDING | ATTAVARA MANGALORE _. APPKBLLANTS (BY SRI. K V ARAVIND, ADV.) AND M/S MANIPAL INDUSTRIES LTDSYNDICATE HOUSE| MANIPAL —. RESPONDENT (BY SMT. VANI H, ADV.) THIS ITA IS FILED U/S.2600-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATED 14-09-2007 PASSED IN ITA NO. 667/BNG/1992, FOR THE ASSESSMENT YEAR1988-1999, PRAYING THAT THIS HON BLE COURT MAY BEPLEASEHKD TO I. FORMULATE THE SUBSTANTIAL QUESTIONS OFLAW SITATED THEREIN, Il ALLOW THE APPEAL AND SET ASIDE THE ORDER.PASSED.BY|THERITATBANGALORE,IN-ITA|NO.|667/BNG/ 1992,DATED|14-09-2007CONFIRM,THE.ORDERSORF THR APPKHLLATKRH COMMISSIONBR DEPUTYCOMMISSIONEROF|INCOME.TAX|(ASST),SPECIAL RANGE, MANGALORE. ITA NO 93 OF 2008 BRTWREB 1.THER COMMISSIONER OF INCOME TAX C.R. BUILDING QUEENS ROAD BANGALORE 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST)C R BUILDINGC R BUILDING ATTAVARA MANGALORE _. APPKBLLANTS (BY SRI. K V ARAVIND, ADV.) ANI M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL ... RESPONDENT. (BY SMT. VANI H, ADV.) THIS ITA IS FILED U/S.2600-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATED 14-09-2007 PASSED IN ITA NO. 29/BNG/1993, FOR THE ASSESSMENT YEAR1989-90, PRAYING THAT THIS HON BLE COURT MAY BE)PLEASEHKD TO ITA NO 93 OF 2008 BRTWREB 1.THER COMMISSIONER OF INCOME TAX C.R. BUILDING QUEENS ROAD BANGALORE 2.THE DEPUTY COMMISSIONER OF INCOME TAX(ASST)C R BUILDINGC R BUILDING ATTAVARA MANGALORE _. APPKBLLANTS (BY SRI. K V ARAVIND, ADV.) ANI M/S MANIPAL INDUSTRIES LTD SYNDICATE HOUSE| MANIPAL ... RESPONDENT. (BY SMT. VANI H, ADV.) THIS ITA IS FILED U/S.2600-A OF I.T.ACT, 1961ARISING OUT OF ORDER DATED 14-09-2007 PASSED IN ITA NO. 29/BNG/1993, FOR THE ASSESSMENT YEAR1989-90, PRAYING THAT THIS HON BLE COURT MAY BE)PLEASEHKD TO I. FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW|STATED THEREIN, Il ALLOW THR APPEAL AND SEHT ASIDE THE ORDERPASSEDBY|THEITA TBANGALOREIN-ITA|NO.|29/BNG/1993, DATED 14-09-2007 CONFIRM THE ORDERSOFTHE.APPELLATECOMMISSIONERANDDEPUTYCOMMISSIONER OF INCOME TAX (ASST), SPECIAL RANGE,MANGALORE. THRESK APPEALS ARK COMING ON FOR FINALHEARING THIS DAY,SREEDHAR RAO J., DELIVERED THE.RKOLLOWING: - JU DBGMENT In the above appeals, the monetary limit is lessthan Rs.10 lakhs. In view of the Circular No.3/2011,.the appeals are not maintainable. In view of the ruling of this Court in|CIT Vs. RANKA AND RANKA in DTR| No.72 DTR 270 (KAR), the appellants have filed SLP.No.2/7468/2012 against the decision of this court, whichis pending. The appellants however given liberty to seekrevival of the appeals in the event, the Supreme Courtwere to hold that the Circular No.3/2011 has only for 593750?.;40�0>>0?.�1-B�-3.�1556:�.3�./0�50-B;-A�1550167��� �-�./1.�4;0=��./0�1550167�190�B;75370B�3>�� -4C� �)#������� �)#��������