Commissioner of Income-tax, Bangalore / The Assistant Commissioner of Income-tax, Circle-2(3), Bangalore v. Mc. Dowell & Co. Ltd. (Now Known as United Spirits Ltd.)
[Citation -2020-LL-1110-29]

Citation 2020-LL-1110-29
Appellant Name Commissioner of Income-tax, Bangalore / The Assistant Commissioner of Income-tax, Circle-2(3), Bangalore
Respondent Name Mc. Dowell & Co. Ltd. (Now Known as United Spirits Ltd.)
Court HIGH COURT OF KARNATAKA
Relevant Act Income-tax
Date of Order 10/11/2020
Assessment Year 2003-04
Judgment View Judgment
Keyword Tags tax effect


1 IN HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS 10TH DAY OF NOVEMBER 2020 PRESENT HON BLE MR. JUSTICE ALOK ARADHE AND HON BLE MR. JUSTICE H.T.NARENDRA PRASAD I.T.A. NO.181 OF 2013 BETWEEN: 1. COMMISSIONER OF INCOME TAX CENTRAL REVENUE BUILDING QUEENS ROAD, BANGALORE-560001. 2. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 2(3), BANGALORE. ... APPELLANTS (BY SRI. E.I. SANMATHI, ADV.) AND: Mc. DOWELL & CO. LTD., (NOW KNOWN AS UNITED SPIRITS LTD.,) UB TOWERS, NO.24 VITTAL MALLYA ROAD BANGALORE-560001. ... RESPONDENT (BY SRI. SURYANARAYANA T, ADV.) --- THIS I.T.A. IS FILED UNDER SECTION 260-A OF I.T.ACT, 1961, ARISING OUT OF ORDER DATED 12-10-2012 PASSED IN ITA NO.190/BANG/2011, FOR ASSESSMENT YEAR 2003-04, PRAYING TO: 2 I. FORMULATE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN. II. SET ASIDE ORDER OF ITAT, 'C' BENCH, BANGALORE IN ITA NO.190/BANG/2011 DATED 12-10-2012, AS SOUGHT FOR IN THIS APPEAL. THIS I.T.A. COMING ON FOR HEARING, THIS DAY, ALOK ARADHE J., DELIVERED FOLLOWING: JUDGMENT Mr.E.I.Sanmathi, learned counsel for revenue. Mr.T.Suryanarayana, learned counsel for assessee. 2. Learned counsel for assessee submits that tax effect in this appeal is less than Rs.1 Crore and therefore, appeal should not be entertained at instance of revenue in view of Circular No.17/2019 dated 08.08.2019 issued by Central Board of Direct Taxes. It is also submitted that aforesaid Circular binds revenue. 3. On other hand, learned counsel for revenue submits that he be granted liberty to revive 3 appeal in case matter falls within exceptions under aforesaid Circular dated 08.08.2019. 4. In view of aforesaid submissions, appeal is disposed of with liberty as prayed for by learned counsel for revenue. Sd/- JUDGE Sd/- JUDGE RV Commissioner of Income-tax, Bangalore / Assistant Commissioner of Income-tax, Circle-2(3), Bangalore v. Mc. Dowell & Co. Ltd. (Now Known as United Spirits Ltd.)
Report Error