IN THE HIGH COURT OF KARNATAKA AT BENGALURU ON THE 15TH DAY OF APRIL, 2019 BEFORE THE HON’BLE MR. JUSTICE RAVI MALIMATH AND THE HON'BLE MR. JUSTICE S.G.PANDIT INCOME TAX APPEAL No.707 OF 2017 BETWEEN:
1. PRINCIPAL COMMISSIONER OF INCOME TAX MYSORE.
2. THE INCOME TAX OFFICER, WARD-2(1), MYSORE. ... APPELLANTS (BY SRI. JEEVAN J. NEERALGI, ADVOCATE) AND:
SRI JASWANTH KUMAR KOTHARI 2875, 1ST MAIN ROAD, MAHAVEER NAGAR, MYSORE. ... RESPONDENT THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT, 1961 ARISING OUT OF ORDER DATED 23.03.2017 PASSED IN ITA NO.1048/BANG/2013, FOR THE ASSESSMENT YEAR 2006- 2007 PRAYING TO DECIDE THE QUESTION OF LAW AND SET ASIDE THE APPELLATE ORDER DATED 23.03.2017 PASSED BY THE INCOME TAX APPELLATE TRIBUNAL, CIRCUIT MYSORE, IN APPEAL PROCEEDINGS IN ITA NO.1048/BANG/2013 FOR ASSESSMENT YEAR 2006-2007.
THIS INCOME TAX APPEAL COMING ON FOR ORDERS THIS DAY, RAVI MALIMATH J., DELIVERED THE FOLLOWING:
J U D G M E N T 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 rs