Disposed¶35
Pr. Commissioner of Income TAX-3 v. Infosys Ltd.
Karnataka HCITA/232/2024
Case brief
AI extract
What is this about?
Karnataka High Court; ITA No. 232 of 2024; disposal of Revenue appeal under Section 260-A Income Tax Act 1961 on monetary-limit ground; Circular No.5/2024 tax-effect limit Rs. 2 crore; Pr. Commissioner of Income Tax-3 Koramangala and ACIT Corporate Circle-3(1)(1) Bangalore v. Infosys Ltd; AY 2008-09; challenge to ITAT 'B' Bench Bangalore order dated 30/11/2022 in ITA No.1849/BANG/2017; judgment per B M Shyam Prasad J. with T.M. Nadaf J.; decided 29.10.2025; appeal disposed of without merits adjudication.
What did the court decide?
In light of the learned Standing Counsel's submission that the tax effect would not exceed Rs. 2 crore, the monetary limit contemplated by Circular No.5/2024, the Court disposed of the appeal without adjudicating it on merits. ¶35