Ita/9/2022 Of Principal Commissioner Of Income Tax-7 v. M/S Universal Power

Digitally signedby SHAKAMBARILocation: HIGHCOURT OFKARNATAKA IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3 DAY OF MARCH, 2025 PRESENT THE HON'BLE MR JUSTICE KRISHNA S DIXIT AND THE HON'BLE MR JUSTICE RAMACHANDRA D. HUDDAR INCOME TAX APPEAL NO. 09 OF 2022 BETWEEN: 1. PRINCIPAL COMMISSIONER OF INCOME TAX-7, BMTC COMPLEX, KORAMANGALA, BENGALURU. 2. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-7(1)(1), BMTC COMPLEX, 80 FT ROAD, 6 BLOCK, KORAMANGALA, BANGALORE. …APPELLANTS (BY SRI. E.I. SANMATHI, ADVOCATE) AND:M/S. UNIVERSAL POWER TRANSFORMER PVT LTD., NO.26/A, 2 PHASE, PEENYA INDUSTRIAL AREA, BANGALORE 560 058. PAN NO.AACCM 7268 F. …RESPONDENT (BY SRI. U.A. MADHUSUDHAN - AMICUS V/O/D 05.04.2023) THIS ITA / INCOME TAX APPEAL IS FILED UNDER SEC.260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 31/07/2019 PASSED IN ITA NO.2511/BANG/2018, FOR THE ASSESSMENT YEAR 2012-2013 AND ETC. THIS APPEAL, COMING ON FOR HEARING, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE KRISHNA S DIXIT and HON'BLE MR JUSTICE RAMACHANDRA D. HUDDAR ORAL JUDGMENT (PER: HON'BLE MR JUSTICE KRISHNA S DIXIT) This Appeal is not maintainable in view of the monetary limit described under Central Board of Direct Taxes Circular No.9/2024 dated 15.03.2024 subject to all just exceptions. Hence, appeal is disposed off as not maintainable. Liberty is reserved to seek revival, if it is otherwise maintainable by way of exception in view of Circular No.5/2024. Costs made easy. Registry to send a copy of this order through speed post to the respondent-Assessee who has remained unrepresented despite service of notice, immediately. Sd/- (KRISHNA S DIXIT) JUDGE Sd/- (RAMACHANDRA D. HUDDAR) JUDGE