Itta/107/2013 Of Commissioner Of Income Tax -Ii, Hyd v. Heritage Foods (I) Ltd., Hyd

\ 13447 | IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD MONDAY, THE THIRD DAY OF MARCHTWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE P.SAM KOSHYANDTHE HONOURABLE SRI JUSTICE NARSING RAO NANDIKONDA ]NCOME TAX TRIBUNAL APPEAL NO: 107 OF 2013 lncome Tax Tribunal Appeal Under Section 2604 of the lncome Tax Act,1961against the Order dated 26.08.2011 passed in ITA No.20lHydl2O02 for theAssessment Year 1998-1999 on the file of the lncome Tax Appellate Tribunal,Hyderabad Bench 'A', Hyderabad preferred against the Order dated 21 .09.2006passed in ITA No.016,017,018lDC-2(2yClT{A)-lll/2006-07 on the file of theCommissioner of lncome Tax (Appeals)-lll, Hyderabad preferred against the Orderdated 22.02.2001 passed in PAN/GIR.No H-9 on the file of the AssistantCommissioner of lncome Tax, Circle - 2(2), Hyderabad [.] Between:Commissioner of lncome Tax -ll, Hyderabad. ...Appellant AND Heritage Foods (l) Ltd., HYD, 6-5-54.1/e Panjagutta, Hyderabad. ...RespondentCounsel for the Appellant : Ms. Bokaro Sapna Reddy, Sc for lncome Tax iCounsel for the Respondent : Sri Katragadda Gopal ChoudaryThe Court delivered the following: Judgment THE HON'BLE SRI J-USTICE P.SAM KOSHYAN' [-]ITHE HON'BLE SRI WSTICE NARSING RAO NANDIKONDA INcoME TAx TRIBT NAL APPEAL No.1O7 OF 2013 iTUDGMENT:(per Hon'ble Sn Justice P.Sam Koihg) Heard Ms.Bokaro Sapna Reddy, learned Standing Counsel forIncome Tax, appearing on behalf of the appellant. 2. The instant appeal under Section 260A of the Income Tax Act, 196 1, has been preferred by the Revenue as the appellant against theorder dated 26.08.2011 passed by the Income Tax Appellate Tribunal,Hyderabad "A" Bench, Hyderabad, in I.T.A.No.2O/Hyd/2OO2 for theAssessment Year l99B-99. 3. Central Board of Direct Taxes (CBDT) has issued Circular No.9 of2024 dated 17.O9.2024, amending tJre previous Circular No.5 of 2024dated 15.O3.2O24, by further enhancing the monetar5r limits for filingappeals by the [ncome Tax Department before the Income TaxAppellate Tribunals, High Courts and Supreme Court as a measure forreducing litigation. In paragraph 2 of the said Circular, we l-rnd thatthe monetary limit fixed for frling an appeal before the High Court isRs.2.0O crore. ; In the instant appeal, tax effect is well below the monetary limit. [, ][l] 4 5' Therefore, the appea,l filed by the Revenue is dismissed in termsof the aforesaid Ctcular No.9 of 2.,24 d,ated lT.Og.2O24. However, ifthe appeal comes within the exception of Circular No.S of 2024, itwould be open to the Income Tax Department to seek revivar of theappeal. No costs. 6As a sequel, miscellaneous applications pending if anyshallstand closed.applications pending if anyshallstand closed. sd/- K. SRlNlvAA RAOJOINT RESTRARSECTION //TRUE To, 1. The lncome The lncome [[Tax ]][Appellate ][Tribunal' ][Hyderabad ][Bench ]['A" ][Hyderabad] 1. The lncome The lncome [[Tax ]]; il; ffi;ir.ion"i [br ][lncome Tax ][(Appeals)-lll ][Hvderabad][[r"x' ][circle ]][[circle ]][- ][[2(2)' ]][Hvderabad][[2(2)' ]][Hvderabad]; il; ffi;ir.ion"i [br ][lncome Tax ][(Appeals)-lll ][Hvderabad][[r"x' ][circle ]][[circle ]][- ][[2(2)' ]][Hvderabad][[2(2)' ]][Hvderabad] i ii," n.tili"ni [commissioneiot ][tncbml ][[r"x' ][circle ]][[circle ]][- ][[2(2)' ]][Hvderabad] +. o"" cC [to ] [ASHOK, Advocate ][toPqcl- ]- ;. il; & [i; ][aRi ][xnrnncnrjijn ][dopnicnouDARY' ]-.[Advocate ][[oPUC]];. il; & [i; ][aRi ][xnrnncnrjijn ][dopnicnouDARY' ]-.[Advocate ][[oPUC]] 6 Two CD [CoPies] ADK/DL HIGH COURT DATED:0310312025 JUDGMENT lTTA.No.107 of 2013 DISMISSING THE ITTAWITHOUT COSTS \,\\0il[1] I1HE 16:(2 [6 ]npn zlzsl):.Ots,:n T Crr,