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TMI Blog2015 (4) TMI 26X X X X Extracts X X X X X X X X Extracts X X X X ..... r of Income-tax Versus Ranka & Ranka [2011 (11) TMI 449 - KARNATAKA HIGH COURT] - appeal filed by Revenue is dismissed under proviso to Section 129A (1) of the Customs Act, 1962 as not maintainable - Decided against Revenue. - Appeal No. C/219/2008 - - - Dated:- 3-11-2014 - Hon ble Shri R. Periasami,JJ. For the Appellant : Shri M. Rammohan Rao, DC (AR) For the Respondent : Shri S. Mut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... order of this Bench on similar issue vide F.O.No.40480/2014 dt. 15.7.2014. 4. Ld. AR for the Revenue submits that the Board's circular would not apply retrospectively. 5. I find that the amount involved in this case is ₹ 4,13,115/- as seen from the worksheet submitted by the learned advocate and the issue is not recurring in nature. The issue has been discussed elaborately by this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ribunal and the Courts by specifying monetary limit below which appeal need not be filed. The Hon'ble Karnataka High Court in the case of Commissioner of Income Tax, Bangalore Vs Ranka Ranka - 2012 (284) ELT 186 (Kar.) held as under :- 27. In the instant case, the Instruction No. 3/11 is more beneficial than Instruction No. 2/05. If Instruction No. 3/11 is also made applicable to the pen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at the Bangalore Bench of the Tribunal in the case of CCE Vs IOCL and others vide Final Order No.20664 to 20688 of 2014 dt. 29.4.2014 in relation to appeals of 2007 dismissed the appeal on the ground that duty and penalty involved are less than ₹ 5 lakhs. The Tribunal held that even where appeals were filed prior to issue of the circular by the Board prescribing monetary limits for filing th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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