Itta/22/2015 Of Commissioner Of Income Tax-Ii v. Icomm Tele Limited

IN THE HIGH COURT FOR THE STATE OF AT HYDERABAD TUESDAY, THE TWENTY FIFTH DAY OF TWO THOUSAND AND TWENTY PRESENT THE HON'BLE SRI JUSTICE [P.SAM KOSHY]ANDTHE HON'BLE SRI JUSTICE NARSING INCOME TAX TRIBUNA L APPEAL [NO: ][22 OF ][2015] Appeal under Section 2604 of the [lncome ][Tax ][Act, ][1961, ][against the order]of the lncome Tax Appellate Tribunal, [Hyderabad ]["8" ][Bench, ][Hyderabad ][in ] No 691iHyd/2009 dated.24-09-2009 [for ][the ][Assessment Year 2006-07.] Between: Commissioner of lncome Tax-ll, [Hyderabad.] ...Petitioner ANDM/s. lcomm Tele Limited, 304, [Trendset Towers, Road No.2, Banjara ][Hills,]Hyderabad. ...Res pondent Counsel for the Appellant: Ms. [B. Sapna Reddy, ][SC FOR lT DEPARTMENT] Counsel for the Respondent: [None Appeared] The Court delivered the following: It THE HON'BLE SRI JUSTICE P.SAM KOSHYANDTHE HON'BLE SRI JUSTICE NARSING RA() NANDIKONDA INCOME TAX TRIBUNAL APPEAL No.22 OF 2Ol5 JUDGMENT'. (pr. on'bte SnJust,c(, [psa,t ]Koshsl Heard Ms.B.Sapna Reddy, learned StandinE Counsel for IncomeTax, appearing on behalf of the appellant. 2. The instant appeal under Section 260A of thc Income Tax Act,196 I, has been preferred by the Revenue as the rLppellant against theorder dated 24.O9.2OO9 passc-d by the Income Ta;r Appellate Tribunal.Hyderabad "8" Bench, Hyderabad, in I.T.A.No.69tlH1,dl2OO9 for rheAssessment Year 2006-7 . 3. Central Board of Direct Taxes (CBDT) has issued Circular No.9 of2024 dated 17.O9.2024, amending the previous C rcular No.5 of 2024dated 15.O3.2024, by further enhancing the monctary limits for filingappeals by thc Income Tax Department before the Income TaxAppellate Tribunals, High Courts ald Supreme Cor.rrr. as a measure forreducing litigation. In paragraph 2 of the said Ci-cular, we find thatthe monetar5r limit ftxed for filing arr appeal before rhe High Court isRs.2.00 crore. \t 4. In the instant appeal, tax effect is well below the monetary limit 5. Therefore, the appeal filed by the Revenue is dismissed in termsof the aforesaid Circular No.9 of 2024 dated 77.09.2024. However, ifthe appeal comes r.r,ithin the exception of Circular No.5 of 2024, rLwould be open to the Income Tax Department to seek revival of theappeal. No costs. 6. As a sequel, miscellaneous applications pending if any, shallstand closed. SD/. MOHD.ISMAILDEPUTY REGISTRAR //TRUE COPY// SECN OFFICER To,1. The lncome Tax Appellate Tribunal, Hyderabad [,,8', ]Bench, Hyderabad? 9n" [to ][Ms. ][B. ][Sapna Reddy, ] [tT ] 3. Two CD Copieskam HIGH COURT DATED:2510312025 JUDGMENT ITTA.No.22 ot 2015 DISMISSING OFTHE APPEAL t9 .-1'./;1,.(;-t10 sEP a6o./.