IN THE HIGH COURT OF KARNATAKA AT BENGALURU ON THE 24TH 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.349 OF 2013 BETWEEN:
1. COMMISSIONER OF INCOME TAX-III CENTRAL REVENUE BUILDINGS QUEENS ROAD BENGALURU-560 001.
2. THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 12(4) BENGALURU.
...APPELLANTS (BY SRI E.I. SANMATHI, ADVOCATE) AND:
M/S. RENAISSANCE HOLDINGS AND DEVELOPERS PRIVATE LIMITED NO.50, (OLD NO.34) RENAISSANCE LANDMARK 17TH CROSS, 8TH MAIN ROAD MALLESWARAM BENGALURU-560 055.
…RESPONDENT (BY SRI M. LAVA, ADVOCATE) THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 18.02.2013 PASSED IN ITA NO.834/BANG/2012, FOR THE ASSESSMENT YEAR 2006-2007, PRAYING THIS HON'BLE COURT TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN; SET ASIDE THE APPELLATE ORDERS DATED 18.02.2013 PASSED BY THE ITAT, ‘B’ BENCH, BENGALURU IN APPEAL PROCEEDINGS ITA NO.834/BANG/2012 DATED 18.02.2013 AS SOUGHT FOR IN THIS APPEAL.
***** THIS INCOME TAX APPEAL COMING ON FOR FINAL HEARING THIS DAY, RAVI MALIMATH J., DELIVERED THE FOLLOWING:
JUDGMENT The learned counsel for the appellants submit that the appeal is not maintainable in view of the monetary limits in terms of Circular No.17 of 2019 dated 08.08.2019 passed by Director (ITJ), Central Board Direct Taxes, New Delhi.
2. In view of the submission made, the appeal is dismissed as such.
Sd/- Sd/-
JUDGE JUDGE JJ