Mr. Jerry v. Dias

IN THE HIGH COURT OF KARNATAKA, BANGALORE DATEKBD THIS THE DAY OF JULY, 2014. PRESEHBN THR HON'BLE Mr. JUSTICE N. KUMAR. AND THR HON'BLE Mr. JUSTICK =B. MANOHAR| 1T.A. No. 424 OF 2008 BBRITWRE 1]The Commissioner of| Income Tax, Davangere. D _The Asst. Commissioner of © Income Tax, Circle- 1, Udupi. —. APPRLLANTS (By K.V. Aravind, Advocate) AN 1): Mr. Jerry V. Dias,Proprietor, |J.J. Builders,shiribeedu, Udupi. — This I.T.A. is filed under Section 2J60O-A of theIncome-tax Act, 1961 praying to formulate the substantial|questions of law stated therein and allow the appeal and|set aside the order passed by Income-tax Appellate|Tribunal, Bangalore Bench ‘A’, in ITA No.627/Bang/2006| dated 06.09.2007 and confirm the Order of the AssessingOfficer, etc. This I.T.A. coming on for Orders this day,N. KUMAR,J.,made the following: JU DGMENT This appeal is preferred by the Revenue challengingthe order of the Tribunal dated 06.09.2007 passed in ITA|No.627/Bang/2006, aiter the Tribunal granting the relietto the assessee. The net tax effect of Rs.3,24,8604/- is the|subject matter of this appeal, which is less than|Rs.4,00,000/-. In view of Instruction No.2/2005, where|the net tax effect is less than Rs.4,00,000/-, no appeal lies. |In this view of the matter, the appeal is dismissed as not|maintainable. KGR* Sd/-. JUDGE Sd/- JUDGE.