The PCIT, Bengaluru / The DCIT, Central Circle-1(2), Bengaluru v. Bharat Infra Tech (P) Ltd
[Citation -2020-LL-0122-109]

Metadata

Citation 2020-LL-0122-109
Appellant Name The PCIT, Bengaluru / The DCIT, Central Circle-1(2), Bengaluru
Respondent Name Bharat Infra Tech (P) Ltd.
Court HIGH COURT OF KARNATAKA
Relevant Act Income-tax
Date of Order 22/01/2020
Judgment View Judgment
Keyword Tags low tax effect
Bot Summary: K.V. Aravind, learned counsel for the revenue. A. Shankar, learned Senior Counsel for the respondent. Learned Senior Counsel on the basis of memo furnished to the learned counsel for the revenue on 08.01.2020, submits that the aforesaid appeal is not maintainable in view of the Circular dated 08.08.2019 issued by the Central Board of Direct Taxes, as the 3 amount involved in the appeal is less than Rs.1,00,00,000/-. In view of the aforesaid submission, the appeal is disposed off with liberty to the revenue, to make an application for revival of this appeal in case the amount involved is found to be above Rs.1,00,00,000/-. With the aforesaid liberty the appeal is disposed off.

Judgment



1 IN HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS 22 ND DAY OF JANUARY 2020 PRESENT HONBLE MR. JUSTICE ALOK ARADHE AND HONBLE MR. JUSTICE RAVI V. HOSMANI ITA No. 448/2018 BETWEEN: 1. PR. COMMISSIONER OF INCOME-TAX, 5TH FLOOR, BMTC BUILDING, 80 FEET ROAD, KORAMANGALA, BENGALURU-560095 2. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE -1(2), PRESENT ADDRESS, CIRCLE-1(1)(2), 2ND FLOOR, BMTC BUILDING, 80 FEET ROAD, KORAMANGALA, BENGALURU-560095. APPELLANTS (BY SRI.ARAVIND K V, ADVOCATE) AND: M/S BHARAT INFRA TECH (P) LTD NO.186, 1ST CROSS, HOSUR ROAD, WILSON GARDEN, BENGALURU-560027 PAN:AACCB0960F. RESPONDENT (BY SRI. A. SHANKAR, SR.COUNSEL FOR SRI. M. LAVA, ADVOCATE) 2 THIS ITA IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, PRAYING TO FORMULATE SUBSTANTIAL QUESTIONS OF LAW STATED ABOVE; ALLOW APPEAL AND SET ASIDE ORDERS PASSED BY INCOME TAX APPELLATE TRIBUNAL, BENGALURU IN ITA NO.1442/BANG/2014 DATED:19/01/2018 VIDE ANNEXURE-C, CONFIRMING ORDER OF APPELLATE COMMISSIONER AND CONFIRM ORDER PASSED BY DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2), BENGALURU AND TO PASS SUCH OTHER SUITABLE ORDERS AS THIS HON BLE COURT DEEMS FIT TO GRANT IN FACTS AND CIRCUMSTANCES OF CASE IN INTEREST OF JUSTICE AND EQUITY. THIS APPEAL COMING ON FOR ADMISSION, THIS DAY, ALOK ARADHE J., DELIVERED FOLLOWING: JUDGMENT Sri. K.V. Aravind, learned counsel for revenue. Sri. A. Shankar, learned Senior Counsel for respondent. Learned Senior Counsel on basis of memo furnished to learned counsel for revenue on 08.01.2020, submits that aforesaid appeal is not maintainable in view of Circular dated 08.08.2019 issued by Central Board of Direct Taxes, as 3 amount involved in appeal is less than Rs.1,00,00,000/-. In view of aforesaid submission, appeal is disposed off with liberty to revenue, to make application for revival of this appeal in case amount involved is found to be above Rs.1,00,00,000/-. With aforesaid liberty appeal is disposed off. Sd/- JUDGE Sd/- JUDGE BVK PCIT, Bengaluru / DCIT, Central Circle-1(2), Bengaluru v. Bharat Infra Tech (P) Ltd
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