- 1 - NC: 2025:KHC:4791-DB ITA No. 82 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF FEBRUARY, 2025 PRESENT THE HON'BLE MR JUSTICE KRISHNA S DIXIT AND THE HON'BLE MR JUSTICE G BASAVARAJA INCOME TAX APPEAL NO.82 OF 2024 BETWEEN: 1. THE PR COMMISSIONER OF INCOME TAX, 5TH FLOOR, BMTC BUILDING, 80 FEET ROAD, KORAMANGALA, BENGALURU – 560 095. 2. THE ASST. COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1(1), PRESENT ADDRESS THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 3(1)(1),2ND FLOOR, BMTC BUILDING, 80 FEET ROAD, KORAMANGALA, BENGALURU – 560 095. …APPELLANTS (BY SRI. SUSHAL TIWARI N, ADVOCATE) AND: SHRI. RAMESH RAMACHANDRA RAO, NO.98, SATHYANARAYANA LAYOUT, 3RD STAGE, 4TH BLOCK, BASAVESHWAR NAGAR, BENGALURU – 560 079.PAN NO. ADFPF 5086H. …RESPONDENT (BY SMT. TANMAYEE RAJKUMAR, ADVOCATE) THIS INCOME TAX APPEAL HAS FILED UNDER SEC.260- A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 14/02/2022 PASSED IN ITA NO. 161 /BANG/2021, FOR THE ASSESSMENT YEAR 2012-2013. PRAYING TO FORMULATE THE SUBSTANTIAL QUESTIONS OF LAW STATED THEREIN AND ETC., Digitally signed by LAKSHMINARAYAN N Location: High Court of Karnataka - 2 - NC: 2025:KHC:4791-DB ITA No. 82 of 2024 THIS APPEAL, COMING ON FOR FINAL HEARING, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE KRISHNA S DIXIT AND HON'BLE MR JUSTICE G BASAVARAJA ORAL JUDGMENT (PER: HON'BLE MR JUSTICE KRISHNA S DIXIT) Heard the learned counsel Sri. Sushal Tiwari for the Appellants/Revenue and Smt. Tanmayee Rajkumar, learned counsel for the Respondent/Assessee. 2. The Revenue is in appeal under Section 260-A of the Income Tax Act, 1961 questioning the correctness and legality of order dated 14.02.2022 passed by the Income Tax Appellate Tribunal, ‘A’ Bench, Bengaluru (for short, ‘Appellate Authority’) in ITA Nos.161/Bang/2021 for the Assessment Years from 2009 - 10 to 2012-13. 3. Learned counsel for the assessee submits that the tax effect in this Appeal is less than Rs.2 Crores and therefore, the appeal should not be entertained at the instance of the Revenue in view of the Circular No.09/2024 dated 17.09.2024 issued by the Central Board of Direct - 3 - NC: 2025:KHC:4791-DB ITA No. 82 of 2024 Taxes. It is also submitted that the aforesaid Circular binds the Revenue. 4. On the other hand, learned counsel for the Revenue submits that he be granted liberty to revive the Appeal in case the matter falls within the exceptions under the aforesaid Circular dated 17.09.2024 and Circular No.5/2024 dated 15.03.2024. In view of the aforesaid submissions, the Appeal is disposed off with liberty as prayed for by the learned counsel for the Revenue, without admitting the Appeal However, the question of law is kept open to be adjudicated in an appropriate proceeding. Sd/- (KRISHNA S DIXIT) JUDGE Sd/- (G BASAVARAJA) JUDGE DR/Bsv List No.: 1 Sl No.: 11