CIT, Bengaluru / The ACWT, Circle-6(1), Bengaluru v. M. R. Sampangiramaiah (Indl)
[Citation -2020-LL-0129-129]

Citation 2020-LL-0129-129
Appellant Name CIT, Bengaluru / The ACWT, Circle-6(1), Bengaluru
Respondent Name M. R. Sampangiramaiah (Indl)
Court HIGH COURT OF KARNATAKA
Relevant Act Wealth-tax
Date of Order 29/01/2020
Assessment Year 2005-06
Judgment View Judgment
Keyword Tags monetary limit • low tax effect
Bot Summary: Said order is a common order passed in WTA Nos.16 to 29/Bang/2014 and CO Nos.86 to 97/Bang/2014. Under similar circumstances, Coordinate Bench in WTA No.26/2017 by order dated 24.10.2019 3 dismissed the said appeal on monetary limits fixed in terms of Circular No.17/2019 dated 08.08.2019. Learned counsel appearing for Revenue would contend that said Circular is prospective and cannot be made applicable to the pending matters, which we are not inclined to accept in the light of law laid down by Coordinate Bench of this Court in the case of COMMISSIONER OF INCOME TAX ANOTHER V/S RANKA RANKA reported in 352 ITR 121, wherein it has been held that scope of Circular issued by Central Board of Direct Taxes would be applicable to the pending proceedings, which also came to be affirmed by Apex Court in the case DIRECTOR OF INCOME TAX V/S S.R.M.B DAIRY FARMING LTD. reported in 400 ITR 9 vide paragraph 23. 279/MISC/M-93/2018-ITJ dated 20.08.2019 intimating all the Principal Chief 4 Commissioners of Income Tax that Circular No.17/2019 would be applicable on all pending SLPs/appeals/cross objections/references. In the light of aforesaid facts, the present appeal as already noticed herein above, being an off shoot of common order passed by ITAT, this appeal also deserves to be dismissed. Accordingly, appeal stands dismissed as not maintainable in view of aforestated order passed in WTA No.26/2017 dated 24.10.2019. All pending interlocutory applications, if any, shall stand consigned to records.


1 IN HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS 29TH DAY OF JANUARY, 2020 PRESENT HON BLE MR. JUSTICE ARAVIND KUMAR AND HON BLE MR. JUSTICE E.S.INDIRESH WEALTH TAX APPEAL NO.29 OF 2015 BETWEEN: 1. COMMISSIONER OF INCOME TAX C.R.BUILDING, QUEENS ROAD, BENGALURU 560 001. 2. ASSISTANT COMMISSIONER OF WEALTH TAX, CIRCLE 6(1), BENGALURU. APPELLANTS (BY SRI. E.I.SANMATHI, ADVOCATE) AND: SRI.M.R.SAMPANGIRAMAIAH (INDL) GOKULA HOUSE, GOKULA, MATHIKERE, BENGALURU. PAN:AGDPS5886M RESPONDENT (BY SRI.A.SHANKAR, SR.COUNSEL FOR SRI. M.LAVA, ADVOCATE) 2 THIS APPEAL FILED UNDER SECTION 27-A OF WEALTH TAX ACT 1957, ARISING OUT OF ORDER DATED 31.03.2015 PASSED IN WTA NO.26/BANG/2014, FOR ASSESSMENT YEAR 2005-2006, PRAYING TO DECIDE FOREGOING QUESTION OF LAW AND / OR SUCH OTHER QUESTIONS OF LAW AS MAY BE FORMULATED BY HON BLE COURT AS DEEMED FIT AND SET ASIDE ORDER DATED 31.03.2015 PASSED BY INCOME TAX APPELLATE TRIBUNAL, BENCH, BENGALURU IN APPEAL PROCEEDINGS IN WTA NO.26/BANG/2014 FOR ASSESSMENT YEAR 2005-2006. THIS APPEAL COMING ON FOR FINAL HEARING THIS DAY, ARAVIND KUMAR J., DELIVERED FOLLOWING: JUDGMENT This appeal is directed against order dated 31.03.2015 passed by Income Tax Appellate Tribunal in WTA No.26/Bang/2014. Said order is common order passed in WTA Nos.16 to 29/Bang/2014 and CO Nos.86 to 97/Bang/2014. 2. Under similar circumstances, Coordinate Bench in WTA No.26/2017 by order dated 24.10.2019 3 dismissed said appeal on monetary limits fixed in terms of Circular No.17/2019 dated 08.08.2019. 3. However, learned counsel appearing for Revenue would contend that said Circular is prospective and cannot be made applicable to pending matters, which we are not inclined to accept in light of law laid down by Coordinate Bench of this Court in case of COMMISSIONER OF INCOME TAX & ANOTHER V/S RANKA & RANKA reported in (2013) 352 ITR 121 (KARN), wherein it has been held that scope of Circular issued by Central Board of Direct Taxes would be applicable to pending proceedings, which also came to be affirmed by Apex Court in case DIRECTOR OF INCOME TAX V/S S.R.M.B DAIRY FARMING (P) LTD. reported in (2018) 400 ITR 9 (SC) vide paragraph 23. In fact, Central Board of Direct Taxes has also issued instruction bearing No.F.No.279/MISC/M-93/2018-ITJ dated 20.08.2019 intimating all Principal Chief 4 Commissioners of Income Tax that Circular No.17/2019 would be applicable on all pending SLPs/appeals/cross objections/references. Hence, contention of learned counsel Sri.E.I.Sanmathi stands rejected. 4. In light of aforesaid facts, present appeal as already noticed herein above, being off shoot of common order passed by ITAT, this appeal also deserves to be dismissed. Accordingly, appeal stands dismissed as not maintainable in view of aforestated order passed in WTA No.26/2017 dated 24.10.2019. All pending interlocutory applications, if any, shall stand consigned to records. Sd/- JUDGE Sd/- JUDGE UN CIT, Bengaluru / ACWT, Circle-6(1), Bengaluru v. M. R. Sampangiramaiah (Indl)
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