Commissioner of Income-tax-III, Bangalore / Assistant Commissioner of Income-tax, Circle-6(1), Bangalore v. Syeda Almas Banu
[Citation -2019-LL-0828-179]
Citation | 2019-LL-0828-179 |
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Appellant Name | Commissioner of Income-tax-III, Bangalore / Assistant Commissioner of Income-tax, Circle-6(1), Bangalore |
Respondent Name | Syeda Almas Banu |
Court | HIGH COURT OF KARNATAKA |
Relevant Act | Income-tax |
Date of Order | 28/08/2019 |
Assessment Year | 2007-08 |
Judgment | View Judgment |
Keyword Tags | monetary limit • withdrawal of appeal |
Bot Summary: | THESE ITA S COMING ON FOR HEARING, THIS DAY, DEVDAS J., DELIVERED THE FOLLOWING: JUDGMENT The learned counsel for the appellant-Revenue brings to the notice of this Court a Circular bearing No.17 of 2019 dated 08th August, 2019 wherein the further enhancement of monetary limit for filing of appeals by the Departments before the Income- Tax Appellate Tribunals, High Courts and Special Leave Petitions/Appeals before the Supreme Court stands amended, and by the said amendment the earlier monetary limit of Rs.50,00,000/- has not been raised to Rs.1,00,00,000/-. The earlier monetary limit was prescribed as per Circular No.3 of 2018 dated 11th July, 2018. In the light of the same, the learned counsel submits that these appeals are not maintainable and in view of the Circular, these appeals may be permitted to be withdrawn. Further, the 3 learned counsel would also draw the attention of this Court to Clause 10 of the Circular No.3 of 2018 dated 11th July, 2018 wherein certain exceptions are carved out. It is prayed that liberty may be reserved to the appellants to move this Court, if it is found that the matter falls within the exception carved out in Clause 10 of Circular bearing Number 3 of 2018. On the query of the Court as to whether the Circular is applicable to pending matters, the learned counsel draws the attention of this Court to the communication dated 20th August, 2019 made by the Central Board of Direct Taxation to all the Chief Commissioners of Income Tax clarifying at paragraph No.3 that the monetary limit prescribed in Circular No.17 of 2019 is applicable to all pending Special Leave Petitions, Appeals, Cross Objections and References. Liberty is 4 also granted to the appellants to seek revival of these appeals, if it is found that the matter falls within the exception carved out in Clause 10 of Circular bearing No.3 of 2018. |