{"id":3548,"date":"2010-03-01T00:00:00","date_gmt":"2010-02-28T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/the-commissioner-of-income-tax-vs-sri-lokesh-m-on-1-march-2010"},"modified":"2018-02-15T00:21:50","modified_gmt":"2018-02-14T18:51:50","slug":"the-commissioner-of-income-tax-vs-sri-lokesh-m-on-1-march-2010","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/the-commissioner-of-income-tax-vs-sri-lokesh-m-on-1-march-2010","title":{"rendered":"The Commissioner Of Income Tax vs Sri Lokesh M on 1 March, 2010"},"content":{"rendered":"<div class=\"docsource_main\">Karnataka High Court<\/div>\n<div class=\"doc_title\">The Commissioner Of Income Tax vs Sri Lokesh M on 1 March, 2010<\/div>\n<div class=\"doc_author\">Author: K.L.Manjunath &amp; B.V.Nagarathna<\/div>\n<pre>I\n{N THE HIGH COUR1' C)? KARNA'}'A.KA AT BANC}AI,OR.E\n\nI\")ATEI..) THIS 'I'I*iE E-*5' DAY OF MARCH 2010\n\nPRESEINI'\n\nTHE Homa1,1'~: Mr.JUS'I\"ICE K1,.M.AN.;\u00a5'ij%N}\u20ac?1*%;\u00ab&amp;_f'  \n\nANI.)__\n\nTHE HONBI,-E Mrs.JUS'_l_'IC.E \n\nI.'I'.A No;'1;337    \nBETWEEN: A %\n\n1.<\/pre>\n<p> The Commissioner&#8221;of*A &#8221;\n<\/p>\n<p>Inconle-&#8216;\u00a7&#8217;a1&gt;&lt;. &quot;\n<\/p>\n<p>C.R.Buildi1f:_g, &amp; _ _ K .\n<\/p>\n<pre>Queens      _ \nBangal__o':'\u00e9\"_.&lt;__  &quot; &#039;    \u00bb\n\n<\/pre>\n<p>2. The&#8217; Assistemt Com111ViS;\u20acit)1&#8217;1V\u20acsz:&#8217;bf<br \/>\nCirC1e10(1). V &#8216; &#8216; &#8216; &#8221;\n<\/p>\n<p>C.R.Bui1d-img.\n<\/p>\n<p>gm -Roaxci_  ______ H<br \/>\n&#8216;i\ufb01ahgjiaiia-re. =   &#8230;APPELLz5\\NTS<\/p>\n<p> I&#8221;{.&#8221;&#8216;\\&#8221;&#8216;.&#8217;Ai&#8221;2;&#8217;:V\\&#8217;.-&#8216;i_11V(\u00a7. \u00a77%;\u00a7\u00a71\u00a75&#8242;. V\u00a7&#8221;i..)&#8217;\u00a7&#8217; \u00a7&#8221;\\\/I&#8217;,\\-&#8216;?.S(.f5:3}&#8221;1}&#8217;i(I&#8217;]1\u20ac.\u00a7\u00a7\u00a3&#8217;Z. A(i*~u,}<\/p>\n<p>   f , 7<\/p>\n<p>  L0<br \/>\n  i=~It21_i1g21sz1z2d:*a Viliagw.\n<\/p>\n<p>&#8221;  . V I\\\/la.&lt;:14i\\.vaia Post.\n<\/p>\n<p>&lt;3?\/&#039;<\/p>\n<p>Begin&#039; E\u00e9obii, W<br \/>\n3fi\u00a7a_11ga_101&#039;6-68. . . . E\u20acESPi\u00a7i3?~_E&quot;\u00a7}}3\u00a7\u20acT<\/p>\n<p>{Sri A. $ha13i-:33: 3% \u00a7;\u00a7.Lava, A&lt;ivS.}<\/p>\n<p>&#039;E&#039;h\u00a7S ma \ufb01zm :1\/$.26-{E-A&#039; &#039;\u00e9&#039;f&#039;\u00a7&#039;\u00ab&#039;3Z&#039; \u00abam, _; 633$; tmlsigggz &lt;3:j;:%&#039;<br \/>\ncf O&#039;\u00a7&#039;c:i\u20ac:r dated C\u00a5g,{}3&#039;.&#039;2\u20ac}{:3&quot;E.:3!  ? giza\ufb01s\u00e9d   1TA;, &#8212;\n<\/p>\n<p>zxso. 1343 \/Bang\/12084, far tile 7aS3_eSsm.e&#8217;z;,\u20ac: &#8211;  ;2r)::::::&#8211;03<br \/>\nprajgi\ufb01g &#8220;\u00a30 {1} fomlxzilaieih\u00e9 sxzbst\u00e9mtiaj.'&#8221;q:L:%:3ti(3::s t)f.V1axx:\u00ab<br \/>\nstates} therein; {2} aiiaw Ens: Iappaal an\u00bb:i._$%;:t 2:-,\u20ac;i\u00a3t&#8217;i&#8217;\u00e9 \u00a3116 ordar<br \/>\ngzassed by the ITAT .8a:1ga}\u00e91=&#8217;:\u00a7i:1V 1&#8217;1&#8217;A&#8221;\u00a7*\u00a7.z3.&#8217;184E3,iBaI1g\/i2{3{)4<br \/>\nciaied {}\u00a7.Q3.2\u20ac}G6 23116}. g:::3nfi:j:&#8217;:I;&#8221;&#8216;-:i;E&#8221;1\u20ac a:*{%.\u20ac::\u00b0&#8217; ef Appa\ufb02ate<br \/>\nCcmmissiensz&#8217; ci&#8217;~der passeci by \u00a7Z:t&#8217;1\u20ac<br \/>\nAssistaz\ufb01 \u20ac\u00a7fi9I1&#8217;m1issi{:&gt;:f:\u20ac:* \u00a711C~{}E\u00a71\u00e9&#8217;w_ &#8216;\u00a7&#8217;ax:, CirC1e-}\u00a3}{1}<br \/>\nBarzgalore, ir:._$:Li1e i1&#8217;}$.f;&#8217;=F\u00a7E:$f, f:}&#8211; V &#8216;f:\u00a7:*&#8221;&#8216;V7a;{i112i3sio:1 this giay,<br \/>\nE\ufb01AI\\fJU?\u00a7~IA&#8217;}j\u00a7:I;&#8221;&#8216;;};.__&lt;i$};i%s;H:i:\ufb01:gi &quot; faiiawing:\n<\/p>\n<p>&#8216;W \u00a7g\u00a73GmaN?\n<\/p>\n<p> T3:%\u00e9~~ i\u00a7V1E}\u00a7\u00a7:}f{f.3&#8217;\u00a7\u00a7\u00bbA.&#8221;.3:S: .&#8217;.\u00e9_\u00e9\u00a7\u00a71$i\u20ac\u20ac{%; E3 &amp;11S&#8217;W\u20ac:Z&#8217; iim \ufb01\ufb01iioxving<\/p>\n<p> &#8221;  _ \u00a73%.\u00a7_\u20ac:a\u00a7$f;33&#8217;i\u00a7\u00a78E {;u\u00e9'&lt;3&#039;E;;iG:z$ 0? iaw:\n<\/p>\n<p>&#8221;  &#8212;   %\u00a7?\u00a3&#8221;:\u00e9_&#8217;:he:&#8217; the Tri\u00a73m:1.a\u00a7 was mrrect in halci\u00e9gzg that<\/p>\n<p>A  \u00a7;_\u00a7i:%:E $3312}: asaaum and ether S\u00e9ai\ufb01a\ufb02sntg fmm<br \/>\nV. . &#8216;~%%\u00a72i2h i\ufb02CG\u00a7&#8221;\ufb01\u20ac $\u00a7_,E}3&#8243;\u00a7G&#8217;\u00a7 h\ufb01 s:&lt;:2n\u00a7::&#039;i6:\u20ac% but is %%?E&quot;i\u00a7E\u20ac:i&quot;i<br \/>\nan egi\u00e9zuziaiaz \ufb01asis {EOE\u00a7S\u00a7i5E\u00a7i&#039;\u00a7;$ &#039;iwaks af accgu-:;E:$<br \/>\nmagi &lt;:::her \u00a7\u20ac?\u00e9\u00a3I&quot;\u00e9S\u00a3:\u00a3Ei\u20acE}.&#039;\u00a7:$ wiihiza Eha maai\u00e9iag sf<br \/>\n\u00a7\u00a7&quot;GVi$i\u00a3}.E3f$ Qf Seciiom 44% pa\ufb01iszi\u00e9ar\ufb01y whan<br \/>\nsiausa {E 33% 1%? $5 sxpia\ufb01gfiisia Ea sz\ufb01ragezztisn 5% 3:&#039;<\/p>\n<p>Sscfigri 3.3% }i1}\u00a7\u00a7\u00a7\u20acf::&#039;3 3 \u00e9iistineiiau \ufb01\u00e9twe\u00e9zg a $2233<\/p>\n<p>{W<\/p>\n<p>AI\/W<\/p>\n<p>Based on t&#039;1&#039;1ei1&#039; ::s1,.:bn1Ess\u00e91:, Eht.&#8221; appeal is c1i5~:1j\u20aci.::1;secd.\n<\/p>\n<p>,. &#8230;.&#8217;\u00bb.w(<\/p>\n<p>\u00abJ &#8220;**-\u00bb&#8217;&gt;3~\u00bb*&#8221;L is &#8216;<\/p>\n<p>   j <\/p>\n<p>ESDQM<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karnataka High Court The Commissioner Of Income Tax vs Sri Lokesh M on 1 March, 2010 Author: K.L.Manjunath &amp; B.V.Nagarathna I {N THE HIGH COUR1&#8242; C)? KARNA&#8217;}&#8217;A.KA AT BANC}AI,OR.E I&#8221;)ATEI..) THIS &#8216;I&#8217;I*iE E-*5&#8242; DAY OF MARCH 2010 PRESEINI&#8217; THE Homa1,1&#8217;~: Mr.JUS&#8217;I&#8221;ICE K1,.M.AN.;\u00a5&#8217;ij%N}\u20ac?1*%;\u00ab&amp;_f&#8217; ANI.)__ THE HONBI,-E Mrs.JUS&#8217;_l_&#8217;IC.E I.&#8217;I&#8217;.A No;&#8217;1;337 BETWEEN: A % 1. The Commissioner&#8221;of*A &#8221; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-3548","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Commissioner Of Income Tax vs Sri Lokesh M on 1 March, 2010 - Free Judgements of Supreme Court &amp; High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/the-commissioner-of-income-tax-vs-sri-lokesh-m-on-1-march-2010\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Commissioner Of Income Tax vs Sri Lokesh M on 1 March, 2010 - Free Judgements of Supreme Court &amp; 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