The Commissioner of Income-tax, Bengaluru, The Assistant Commissioner of Income-tax, Circle-12(2), Bengaluru v. Sasken Communication Technologies Limited
[Citation -2015-LL-0202-68]
| Citation | 2015-LL-0202-68 |
|---|---|
| Appellant Name | The Commissioner of Income-tax, Bengaluru, The Assistant Commissioner of Income-tax, Circle-12(2), Bengaluru |
| Respondent Name | Sasken Communication Technologies Limited |
| Court | HIGH COURT OF KARNATAKA |
| Relevant Act | Income-tax |
| Date of Order | 02/02/2015 |
| Assessment Year | 1999-00 |
| Judgment | View Judgment |
| Keyword Tags | interest of justice • monetary limit • tax effect |
| Bot Summary: | THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-12(2), C.R.BUILDING, QUEENS ROAD BENGALURU. ... APPELLANTS AND: M/s. SASKEN COMMUNICATION TECHNOLOGIES LIMITED, DOMLUR RING ROAD, BENGALURU. ... RESPONDENT 2 ITA 472/2009 This ITA filed u/S.260-A of I.T.Act, 1961 arising out of Order dated 01-05-2009 passed in ITA No.889/BNG/2008, for the Assessment Year 1999-2000, praying that this Hon'ble Court may be pleased to: i. formulate the substantial questions of law stated therein, ii. Allow the appeal and set aside the order passed by the ITAT Bengaluru in ITA No.889/BNG/2008, dated 01-05-2009, confirming the order of the Appellate Commissioner and confirm the order passed by the Assistant Commissioner of Income Tax, Circle-12(2), Bengaluru, in the interest of justice and equity. This Appeal coming on for Hearing, this day, N.KUMAR, J., delivered the following: JUDGMENT The net tax effect which is involved in this appeal is around Rs.1,26,000/-. In view of the Circular No.5/2008 dated 15.05.2004, as the net tax effect is less than Rs.4 Lakhs, this appeal is not maintainable. Accordingly, the appeal is dismissed, on the ground, the subject matter being less than the monetary limit prescribed under the above said Circular. |