Itta/312/2007 Of Commissioner Of Income Tax v. Society For Integrated Development In Urban And Rural Areas

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD WEDNESDAY, THE NINTH DAY OF AUGUSTTWO THOUSAND AND TWENTY THREE PRESENI THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE LAXMI NARAYANA ALISHETTY INCOME TAX TRIBUNAL APPEAL No: 312 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 ['B', ]Hyderabad in ITA No.683/Hydl20O1, Assessment Year: 1997-98, dated27 -12-2OO2 preferred against the Order of the Commissioner of lncome Tax ,(Appeals)-|, Hyderabad, Appeal No.2/TilDC.4(2)lcft(A)-ll00-01 dated:12-11-2OO1preferred against the Order of the Deputy Commissioner of lncome Tax, Hyderabad,PAN No.S-181, GIR No.V-24 dated 30-03-2000. Between: Commissioner of lncome Tax, Circle 4 (2), Hyderabad ...APPELLANT AND Society for lntegrated Development in Urban & Rural Areas (SIDUR), 144l2Rf ,Vijayanagar Colony, Hyderabad. ...RESPONDENT Counsel for the Appellant: SRI S.R. ASHOK Counsel forthe Respondent: SRI K. RAJI REDDY The Court delivered the following: JUDGMENT T]I{I HON'BLE SRI JUSTICE P.SAM KOSITY AND THE HON'BI E SRI JUSTICE LAXMI NARAYAN A ALII;II:ETTYI.T.T.A. No.312 of 2Oo7 JUDGMENT:p er I iorl 'L Sri Justice P.SAM KOSHY) Heard Sri i. i. Ashok, learned counsel for t:,, appellarrtand Sri K. Rr,gi R d 1y, Iearned counsel for the respolrclen._.2. This a:rpea under Section 260,4 of the lnc,t.l: [,l,a_x ]Act.196 1 , has ltec n p referred by, the Revenue as t_l1,. al)pellantagainst thc ordt - dt.27 .)2.2002 passed by the Ir:corne TaxAppellate Tribur a , H1'derabad Bench ,8,, H5.<k,raL,ad, inITA.No.683/ll1.d/ lt.rO I for the assessment year 1997 -1993.3. Centr-a1 B,ta'cl of Direct Taxes (CBDT) has issrre,d OircularNo.17 of 2O'_9 dC B.0B .20 1 9, amending the prevr c u s OircularNo.3 of 2018 dt. 1.)7.2018, by further enhancrng drr, m,)netarJ,limits for filing ap,cals b1. the income Ta-x Depa:-tmc.rrr_ belbre theIncome Tax Aprp11ate Tribunals. I{igh Courts ancl SupremeCourt as a measiue for reducing litigation. In prragl.irg;h 1l of thesaid Circular u'eit'rd that the monetary limit fixecl o - fiting anappeal before theti 3h Court is Rs.1.00 crore. 4. In the instant appeal, tax effect is well below the monetarylimit. 5. Therefore, the appeal fried by the Department is dismissedin terms of the aforesaid Circular No.17 of 20 19 dt.0B.OB.20 19However, if the appeal comes within the exception underparagraph 1O of Circular No.3 of 2018, it would be open to theIncome Tax Department to seek revival of the appeal. No orderas to costs. 6. Consequently, miscellaneous petitions pending, if any,shall stand closed Sd/.K.SRINIVASA RAOJOINT REGISTRAR/.--clD //TRUE COPY// SECTION OFFICER To, '1 . The lncome Tax Appellate Tribunal, Hyderabad Bench 'B', Hyderabad2. The Commissioner of lncome [Tax ], [(Appeals)-|, ][Hyderabad.]3. The Deputy Commissioner [of lncome Tax, ][Hyderabad.]4. One CC to SRI S.R. ASHOK, [Advocate ] 2. The Commissioner of lncome [Tax ], [(Appeals)-|, ][Hyderabad.]3. The Deputy Commissioner [of lncome Tax, ][Hyderabad.]4. One CC to SRI S.R. ASHOK, [Advocate ] 5. One CC to SRI K. RAJI [REDDY, ][Advocate ] 6. Two CD Copies kam P,nq' HIGH COURT DATED:09108 2023 JUDGMENT ITTA.No.312 < f 2007 ITTA IS DISMIT]SED ,'rq. :-;\gl>a' '\.6'lr,'\I;trI'.i-iia:!,:, lj,r/.\I !');