Rp/279/2022 Of The Commissioner Of Income Tax v. M/S Bosch Ltd

Digitallysigned by CMALATHILocation:High Court ofKarnataka IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 26 DAY OF MAY, 2023 PRESENT THE HON'BLE MR JUSTICE ALOK ARADHE AND THE HON'BLE MR JUSTICE H.T. NARENDRA PRASAD REVIEW PETITION NO. 279 OF 2022BETWEEN: 1. THE COMMISSIONER OF INCOME TAX LTU, PRESENT ADDRESS PR. COMMISSIONER OF INCOME TAX 5TH FLOOR, BMTC BUILDING 6TH BLOCK, 80 FEET ROAD KORAMANGALA ,BANGALORE 560095. 2. THE DEPUTY COMMISSIONER OF INCOME TAX LTU, PRESENT ADDRESS ACIT, CIRCLE1(1)(1) 2 FLOOR, 6TH BLOCK, KORAMANGALA ,BANGALORE 560095. …PETITIONERS (BY SRI. ARAVIND K V., ADVOCATE) AND: M/S BOSCH LTD HOSUR ROAD, ADUGODI BENGALURU 560030 PAN AAACM980P …RESPONDENT (BY SMT. MAYURI K.V., ADVOCATE FOR SRI. TANMAYEE RAJKUMAR., ADVOCATE) THIS REVIEW PEITITON IS FILED UNDER ORDER 47 RULE 1 OF THE CPC, PRAYING TO i) REVIEW/RECALL THE ORDER DATED: 14.09.2020 PASSED BY THIS HON’BLE COURT IN ITA NO.270/2014. THIS REVIEW PETITION COMING ON FOR ADMISSION, THIS DAY, ALOK ARADHE J, MADE THE FOLLOWING: ORDER Mr. K.V.Aravind, learned counsel for the petitioners. Ms.Mayuri K.V., learned counsel for Mr.Tanmayee Rajkumar for respondent. 2. This review petition has been filed seeking review of the judgment dated 14.09.2020 passed in ITA No.270/2014. 3. Learned counsel for the revenue submits that the tax effect involved in this appeal is more than Rs.1.00 crore. 4. The aforesaid submission has not been fairly disputed by the learned counsel for the assessee. 5. In view of the fact that the tax effect involved in the appeal is more than Rs.1.00 crore, the Circular dated 08.08.2019 issued by the Central Board of Direct Taxes has no application to the facts of the case. Therefore, the judgment dated 14.09.2020 passed in ITA No.270/2014 requires to be reviewed. 6. In the result, ITA No.270/2014 is restored to file. Review petition is allowed. Sd/- JUDGE Sd/- JUDGE CM List No.: 1 Sl No.: 8