IN THE HIGH COURT OF KARNATAKA AT BENGALURU ON THE 07TH DAY OF JANUARY, 2019 BEFORE THE HON'BLE MR. JUSTICE RAVI MALIMATH AND THE HON’BLE MR.JUSTICE MOHAMMAD NAWAZ INCOME TAX APPEAL NO.195 OF 2008 BETWEEN:
1. THE COMMISSIONER OF INCOME-TAX C. R. BUILDING QUEENS ROAD BENGALURU.
2. THE INCOME-TAX OFFICER WARD-12(2) C.R.BUILDING QUEENS ROAD BENGALURU.
(BY SRI K. V. ARAVIND, ADVOCATE) AND:
SOFTWARE AND SILICON SYSTEMS INDIA PRIVATE LIMITED (NOW MERGED INTO INTEL TECHNOLOGY INDIA PRIVATE LIMITED) ... APPELLANTS NO.136, AIRPORT ROAD BENGALURU-560 017.
... RESPONDENT THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 26.10.2007 PASSED IN INCOME TAX APPEAL NO.44/BANG/2006, FOR THE ASSESSMENT YEAR 2002-2003, PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE; ALLOW THE APPEAL AND SET ASIDE THE ORDERS PASSED BY THE INCOME- TAX APPELLATE TRIBUNAL, BENGALURU IN INCOME TAX APPEAL NO.44/BANG/2006 DATED 26.10.2007 CONFIRMING THE ORDER OF THE APPELLATE COMMISSIONER AND CONFIRM THE ORDER PASSED BY THE INCOME TAX OFFICER, WARD-12(2), BENGALURU AND TO PASS SUCH OTHER SUITABLE ORDERS AS THIS HON'BLE COURT DEEMS FIT TO GRANT IN THE FACTS AND CIRCUMSTANCES OF THE CASE IN THE INTEREST OF JUSTICE AND EQUITY.
***** THIS INCOME TAX APPEAL COMING ON FOR ORDERS 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 and also in terms of Circular No.3 of 2018 dated 11.07.2018 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 *bgn/-