Itta/201/2013 Of The Commissioner Of Income Tax Ii v. M/S. Andhra Pradesh Mineral Development Corpn. Ltd

IN THE HIGH COURT FOR THSTATE OF TELANGANAATHYDBAD WEDNESDAY, THE TWENTY IXTH DAY OF MARCHTWOTHOUSANDTWENTYFI\E PRESET THE HONOURABLE SRITICE P.SAM KOSHYANDTHE HONOURABLE SRI IUSTICE NING RAO NANDIKONDA Income Tax Tribunal A eal No.201 of 201.3 Income Tax Tribunal Appeal Under Section 260 of the Income Tax Act, against the order of the Income Tax Appete Tribunal, Hyderabad Bench "A",Hyderabad in ITA.No.1255 / HYD / 2005 torthe assessment year 2002-2003 datedHyderabad in ITA.No.1255 / HYD / 2005 torthe assessment year 2002-2003 dated24.09.2009 preferred against the Order othe Comrnissioner of Income Tax(Appeals-II!, Hyderabad, appeal ITA.No.019 / ACIT 3(3)/CIT(A)-IIII05-06 dated10.11.2005.(Appeals-II!, Hyderabad, appeal ITA.No.019 / ACIT 3(3)/CIT(A)-IIII05-06 dated10.11.2005. Between: The Commissioner of Income Tax-ll, Hyderaad .Appellant. AND M/s. Andhra Pradesh Mineral DevelopmentCo., Chartered Accountants, 503, Golden GHyderabad - 82. orpn. Ltd., C/o M.Bhaskara Rao andApartments, Erramanzil Colony, ..Respondent Counsel for the Appellant: Sri B.Narasimha Counsel for the Respondent: Sri A.V.A.SivaaThe Court made the following: JUDGMENT \ t THE HONOURABLE SRI JUSTICE [P.SAM ] ANI)THE HONOURABLE SRI JUSTICE NANDIK{)NDA ITTA No.20l OF 2013 JUDGMENT: [(per ]Iktn'blt [Sri ][.ltr'tic, ][I'.Som ][Ko.thy)] Heard Ms. J. Sunitha, lea ned Junior [Standing ][Counsel]Mr. P. Murali Kri: [irna, ][leamed ][Senior ][Standing]representing Counsel tbr the Income [Tax ][Depan ][ritent. ][I)crused ][the record.]2. This appeat under Sectiorr .160A of [the ][Income ]['Iax ][Act,]1961 , has been prefen'ed by- [ti ],e [Revenue ][as the ][appellant]against the order dated 24.()9.20t)9 [passed ][by ][thc ][Income ][Tax]Appellate Tribunal, Hyderabad Uench'A', [IJyderabad, ][in]I.T.A.No.l255ll{ydi 2005 tbr [thc ],\' [:,cssrncrrt ][Year 2002-03.]3. Central Board of l)irect [.l'ar .:s ][(CIBDT) has ][issued ][Circular]No.9 of 2024 daLed 17.09.2(121, [i ][ine'rding, ][the ][prcvious Circular]No.5 of 2024 dated 15.03.2024, [b;' ][turther ][enhancing ][the ][monetary]limits for filing appeals [by ][the Inc,,me ][-['ax Department before ][the]Income Tax Appellate flibunals. [i ][,iqh Coufts and ][Supreme ][Court]as a measure for reducing [litigati. ][n. ][in ][paragraph ][2 ][of ][the ][said] ./ II I Circular, we find that. the moncmryIimit fixed for filing an appealbefore the High Court is Rs.2.0[r crobefore the High Court is Rs.2.0[r cro t is well below the monetary 4In the instant appeal, tax elimit. 5. Therefore, the appeal titcrl bye Department is dismissed interms of the aforesaid Circular. N9 of 2024 dated 17.09.2024.However, if the appeal come:; witin the exception of CircularNo.5 of 2024, ir. would be open toe Income Tax Department toseek revival of the appeal. T'here shaI be no order as to costs. itions pending, if any, shall 6. Consequently, miscellaneous pestand closed. SD/. MOHD.ISMAILEPUTY REGISTRAR Pv/ / //TRUEC ECTION OFFICER To, " A",Hyderabad 1The Income Tax [Appellate ]Tribunal,yderabad B2The Commissioner of [Income ]Tax (Apals-III), Hyderabad3One CC to Sri [B.Narasimha ]Sarma, Avocate 4One CC to Sri [A.V.A.Siva ][Kartikeya,]dvocate IOPUC]5. Two CD Copies.2The Commissioner of [Income ]Tax (Apals-III), Hyderabad3One CC to Sri [B.Narasimha ]Sarma, Avocate 4One CC to Sri [A.V.A.Siva ][Kartikeya,]dvocate IOPUC]5. Two CD Copies. PHKR/ABK HIGH COURT DATED:26/03/2025 JUDGMENTITTA.No.2O1 of 2013 Dismissing the I.T.T.A. without costs. .tltL J,(9Ra^Jct.)AUG 2025{3 *Dpri?1r-, i