Itta/233/2007 Of The Commissioner Of Income Tax-Iii, Hyderabad v. R.c.c.sales Pvt. Ltd

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD WEDNESDAY, THE NINTH DAY OF AUGUSTTWO THOUSAND AND TWENTY THREE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE A. LAXMI NARAYANA INCOME TAX TRIBUNAL APPEAL No: 233 OF 2007 lncome Tax Tribunal Appeal Under Section 260A of the lncome Tax Act,1961 arising out of the order of the lncome Tax Appellate Tribunal, HyderabadBench 'A', Hyderabad in ITA No.514lHydl2Ol4, for Assessment Year 1998-1999dated 20-11-2006 [preferred ]against the Order of the Commissioner of lncome Tax ,(Appeals-lll), Hyderabad Appeal No.796/DC2(4yClf(A)-lll/02-03 ,dated:29-03-2004preferred against the Order of the lncome Tax Special Range 6, - Hyderabad,PAN/GlR No.R-76, dated 29-01-2001 [.] Between: The Commissioner of lncome Tax-lll, Hyderabad. ...APPELLANT AND R.C.C.Sales Pvt. Ltd.,, Plot no.2 and 28, Phase lV, lDA, Jeedimetla, Hyderabad. ...RESPONDENT Counsel for the Appellant: Mr. J.V. [PRASAD, ]Leamed Senior Standing [Gounsel]appearing for SRI B. NARASIMHA [SHARMA, ]SC FOR lT DEPT. Counsel fcr the Respondent: SRI S. RAVI The Court delivered the following: JUDGMENT I t}{E HON'BLE SRI JUSTICE P.SAM KO S}TY AND T,H ) I{ON'BLE SRI JUSTICE A. LAXI\4I NAFA AIIA I.T.T.A. No.233 of 2OO7 .lVO_Q!4EltT,p ( t, ) t t t ) tt, s,r /, /,r (.r p. sAM Kosryl Hea |cl Ir,4 I.r/Prasrrrl, k:at ncrl Senior Sta;tdrr-r11 (_otrnsel appezringfor the apJ,cllirnfor the apJ,cllirn 2. 'f his rrpp alur-rder Srrc.tion ll(rrlA of thc Inc rnre [,l ]a, A<:t. 196 l. hasbecn orcl [.rrcd ]l; r.thellevcnuc as the appel ant il,silin:j1 ihe orderd1..10.1 L2{)Otr 1 rsseC brtlrc Incontr' 'fax Appellr tc l'r b.rnal. HvderabadBr:rrch 'B', I lr dr a ra,l, inI.'t'.A.No :;l'a lHydl'2001 i-lr tlrc ,rs;scssmcnt yciI9!r8 9c,t. 3. Cerr t r:Ll E: d of Dirr ct T:urr.s (CBD1') has i;sue,l r LrcrLlar No. l./ of20 J() fl1.63 [g;3.]I9. amcrLding thc previous Circular No.3 of 20ig'urthcr dr. I i.O7 2(. t8. Lcrrhani:irrg lhe monetarJ lillrrl.s for f ling ai)pealsbv I lrc lncorrrt: Tx Ditpartni(.Dt bc1i,r.c Lhe Income l.ax i\1 pc11i|C Tribunals,Higlr Court s itnrl'ul)reme (lonrt as ,i measure fo . rcdu c.t t1: Iitigatirtn. Inpalzrgraph .l ( )l: tt s:rrd [(lir ]i.,-ririr r.vt' llnd lhirt the ronctar , li-l-ltt fixecl forfilllr1l .xr appc:. L[, r-c thc I.{:i;ir t)ourr is Ils.l O0 cror:,.4 In th(,instth(,instnaDpr:i.I, tirr eflc( t ts \\ell l)elo\v (lLr. rno:t: itrr Limit 4 In th(,instth(,inst 5. 'lherl lirr ,:l( i1pp{tirl iilcd b.,' t}rt l)cpartrnent s clisrti. scr in rr:r_ms ofthc ir firrcs;t r, l [r- ]it.rt rr- No l7 rl ,201(_r dr 08.0g.2019. Ilru.e it,r. i- the appealcomt s r,l,iLltirr tlre')i.e)tio| rr rdcr ]t:rrirLlraplr i(t ol Cirr tla, .io.ii of 20 ltj. ,t II would be open [to the ][lncome ][Tax Department ][to ][seek ][revival ][of ][the ][appeal]No order as [to ][costs] Consequently, [miscellaneous petitrons ][pending' ][if ][any' ][shall ][stand] 6closed Sd/-K:SRINIVASA JOINT REGISTRARSECTIOOFFICER //TRUE COPY// To,1. The lncome [Tax ][Appellate Tribunal, Hyderabad Bench ]['A" ][Hyderabad']z. fn" C..rissionei [of lncome ][Tax ][, ][(AppealsJll)' ][Hyderabad']5. Th" ln"o." [Tax ][Special Range 6, ][Hyderabad' ]-^;. O;. CC tO [A,.NNRASITM"HN ][SHARMA, SC FOR ] toPUCls. bne CC [to ][SRt ][S. ][RAVI, ][Advocate ][ ]6. Two CD [CoPies]kam \ t_ i I HIGH COURT DATED:09108 2023 JUDGMENT!TTA.No.233 [( ]f 2007 ITTA IS DISMI'JSED $i*i::r;:'i\\;.: . [r ],,.' .i [i]\-..:, -' trit!+-/1\t1,.-i+