Itta/208/2015 Of Principal Commissioner Of Income Tax [Tds] v. M/S.hcc-Meil-Cbe [Jv]

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD IVIONDAY, THE TWENTY FOURTH DAY OF MARCHTWO THOUSAND AND TWENTY FIVETWO THOUSAND AND TWENTY FIVE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHYANDTHE HON'BLE SRI JUSTICE NARSING RAO NANDIKONDA ITTA No: 208 ot 2015 Appeal filed under section 2604 of the lncome Tax Act, 1961, against theorder dated 13-01-2015 in ITA No.330 lHydl2l't4 Assessment yearc 2O1O-2011on the file of the lncome Tax Appellate Tribunal, Hyderabad Bench-A,Hyderabad.on the file of the lncome Tax Appellate Tribunal, Hyderabad Bench-A,Hyderabad. Between: Principal Commissioner of lncome Tax , O/o. l.T_ Towers, A.C. Guards,Hyderabad.Hyderabad. ...Appellant AND lM/s-HCC-MEIL-CBE UVl, O/o.S-2, Technocrat lndustrial Estates, Balanagar,Hyderabad.Hyderabad. ... Res pondent Counsel forthe Appellant: Ms. J. Sunitha, Junior Standing Counselrepresenting Mr. P. Murali Krishna, Senior SC FOR lT DEPARTMENTrepresenting Mr. P. Murali Krishna, Senior SC FOR lT DEPARTMENT Counsel forthe Respondent: Sri A.V. Raghu RamThe Court delivered the following: JUDGMENT ;B'IRABLE [P.SAM ][KOSI{Y]AND..JURABLE NANDIKONDA TTTA NO.208 oF [20ls] JU DGMENT'[(per ][Hon'ble ][Sri ][Justice ][P.Sam Koshy)] Heard l\4s. J. [Sunitha, leamed ][Junior ][Standing ][Counsel]Mr. [P. Murali ][Krishna, ][iearned ][Senior ][Standing]representing Counsel for [the ][Income ][Tax ][Department ][for ][the ][appellant']Perused the [record.] 2. This appeal under [Section ][260,{ ][of ][the ][Income ][Tax ][Act']1961, has been [preferred ][by ][the ][Revenue ][as ][the ][appellant]the [order dated ][13.01.2015 ][passed ][by ][the ][Income ][Tax]against Appellate Tribunal, [Hyderabad ][Bench ]['A', ][Hyderabad' ][in]I.T.A.No.330/Hydl20l4 [forthe ][Assessment ][Year ][2010-II ][']3. Central Board of [Direct ][Taxes ][(CBDT) ][has ][issued ][Circular]No.9 of 2024 dated [17.09.2024, ][amending ][the ][previous ][Circular]No.5 of 2024 [dated 15.03.2024, ][by further ][enhancing ][the ][monetary]limits for filing [appeals ][by the Income ][Tax ][Department before the]Income Tax Appellate [Tribunals, ][High ][Courts and ][Supreme ][Court] / as a measure for reducing litigation. In paragraph 2 of the saidCircular, we find that the monetary limit fixed for filing an appealbefore the High Court is Rs.2.00 crore 4. In the instant appeal, tax e lfect is well below the monetarytimit. 5. Therefore, the appeal filed by the Department is dismissed interms of the aforesaid [(lircular ]No.9 of 2024 dated 17.09.2024.However, if the appeal comes within the exception of CircularNo.5 of 2024, it would be open to the Income Tax Department toseek revival of the appeal. There shall be no order as to costs. 6. Consequently, miscellaneous petitions pending, if any, shaltstand closed. Sd/. K. SRINIVASA RAOJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To,'l . The lncome Tax Appellate Tribunal, Hyderabad Bench-A, Hyderabad.2. One CC to Mr. P. Murali Krishna, Senior SC [FOR lT DEPARTMENT ] 3. One CC to Sri A.V. Raghu Ram, Advocate 4. Two CD Copies Kam/PSL h' HIGH COURT DATED:2410312025 JUDGMENTITTA.No.208 of 2015 DISMISSING OFTHE APPEAI- //l5J u',!?;,rt/) soAJl!:aFs(_.CI:crl