The Pr Commissioner of v. M/S Featherlite Office
Case brief
What is this about?
Karnataka HC disposes of income tax appeal (ITA No. 38 of 2025) at admission stage on tax-effect ground: tax effect not more than Rs.2 Crore, within monetary limit of CBDT Circular No.5/2024. Parties: Pr. Commissioner of Income Tax Central and DCIT Central Circle-1(1) v. M/s Featherlite Office Systems Pvt Ltd. Challenged ITAT Bengaluru order in ITA No.1007/Bang/2024 dt. 21.08.2024 for AY 2017-18; appeal under Sec.260A Income Tax Act 1961 re: Sec.263 order. Bench: B M Shyam Prasad and T.M.Nadaf JJ.; decided 28.10.2025. Useful for: Circular No.5/2024 monetary limit disposals, tax effect threshold, appeals not pressed.
What did the court decide?
As the tax effect would not exceed Rs.2 Crore — the monetary limit contemplated by Circular No.5/2024 — the appeal could be disposed of. ¶29