2013 (5) TMI 689 - HC - Income Tax

Maintainability of appeal - Held that - In view of Instruction No. 2 of 2005, where the net tax effect is less than Rs. 4 lakhs, no appeal is maintainable before this court. In that view of the matter, this appeal, which is filed subsequent to the said circular is not maintainable. Appeal dismissed only on the ground of the net tax effect being less than the monetary limit prescribed without going into the merits of the case.

Summary

The Karnataka High Court dismissed the appeal due to the net tax effect being less than Rs. 4 lakhs, making it not maintainable as per Instruction No. 2 of 2005. The judgment was delivered by N. Kumar J. and Ravi Malimath JJ.