IN THE HIGH COURT OF KARNATAKA AT BENGALURU ON THE 17TH 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.241 OF 2010 BETWEEN:
1. COMMISSIONER OF INCOME TAX MANGALURU.
2. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-I, UDUPI.
(BY SRI JEEVAN J. NEERALGI, ADVOCATE) ...APPELLANTS AND:
M/S. ACADEMY OF GENERAL EDUCATION ACADEMY HOUSE, MANIPAL-576 104.
…RESPONDENT (BY SMT. SHEETAL BORKAR, ADVOCATE FOR SRI S. PARTHASARATHI, ADVOCATE) THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, FOR THE ASSESSMENT YEAR 2006-2007, PRAYING THIS HON'BLE COURT TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN; ALLOW THE APPEAL AND TO PASS CONSEQUENTIAL ORDERS, IN THE INTEREST OF JUSTICE AND EQUITY.
***** THIS INCOME TAX APPEAL COMING ON FOR FINAL HEARING THIS DAY, RAVI MALIMATH J., DELIVERED THE FOLLOWING:
JUDGMENT The learned counsel for the appellant submits that the appeal is not maintainable in view of the monetary limits and also in terms of Circular No.17 of 2019, dated 08.08.2018 passed by CBDT, New Delhi.
2. In view of the submission made, the appeal is dismissed as such.
Sd/- Sd/-
JUDGE JUDGE JJ