Itta/335/2012 Of The Commissioner Of Income Tax Vi v. M/S.kanaka Durga Wines

IN THE HIGH COURT FOR THE STATE AT HYDERABAD MONDAY, THE SEVENTEENIH DAY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE [P.SAM ] ANDTHE HONOURABLE SRI JUSTICE INCOME TAX TRIBUNAL APPEAL [NO: ][335OF ][2012] lncome Tax Tribunal Appeal [Under Section ][2604 ][of ][the ][lncome Tax ][Act,1961]against the order dated [16-12-2011 ][passed ][in ] [No. ][815lHydl2011 ][for ][the]Assessment Year 2006-2007 [on ][the ][file ][of ][the ][lncome Tax Appellate ][Tribunal,]Hyderabad Bench ['B', ]Hyderabad [preferred against ][the ][Order ][dated ][28-02-2011]passed in Appeal No.222lClT(A)/Tr.A/JA/10-1 [1 ][on ][the file of the ][commissioner ][of]lncome Tax [(ApBeals), ]vijayawada [preferred against ][the order ][dated ][31-12-2009]passed in PAN.No.AAHFK4STBJ on the [file ][of ][the ][lncome ][Tax ][Officer, ][ward ][-9(3)]Hyderabad. Between: The Commissioner of lncome [Tax ][Vl, ][Hyderabad] ...Appellant AND M/s.Kanaka Durga Wines, No. [2-42t8 ][and ][9, ][Sai Nagar, Chaitanyapuri,]Hyderabad. ...Respondent Counsel for the Appellant [: ][Ms. ][Bokaro ][Sapna Reddy, ][Sc ][f6r ][lncome ][Tax] Counsel for the Respondent [: ]- - - The Court delivered the following: [Judgment] THE HON'BLE SRI JUSTICE P.SAIvI KOSHYAND TI{E HON'BLE SRI JUSTICE NARSING RAO NANDII{ONDA INCOME TAX TRIBUNAL APPEAL No.335 oF:2O12 JUDGMENT: g,er u )t 'bte sn rustlct: p.sam Koshs) Heard Ms Bokaro Sapna Reddy, learned Stairdinls [( ]lounsel forIncome Tax, apprearing on behaif of the appellant 2. The instarL[ ]1ppea1 under Section 260l\ of the lncorrc Tax Act,1961, has been preferred by the Revenue as the appellali -rgaiinst theorder dated 16.1i'.2O11 passed by the Income Tax {poeli:,rr: 'llribunal,Hyderabad "B" B,:nch, Hyderabad, in I.T.A.No.i;1:j/H1...1,'r{li 1 lor theAssessment Yea' 2O06-2007. 3. Central Boarl of Direct Taxes (CBDT) has ir,rsu,:C Circr ler lrl.:.r; ci2024 dated 17 .A9.2,024, amending the previou-s ilirr:r rirr' :.tt , :., i.,i '/)_t)2tldated 15.O3.2O24, by further enhancing the mcrncL,rn' li;r.,.s lor liiingappeals by ttre Income Tax Department bc-lirrr: r-he :, i:r:;r;. T':txAppellate Tribunat:;, High Courts and Supremr: (l.oll.t i:s ir l-_.{t:rs,.tic forreducing litigation. In paragraph 2 of tlne said Ciirrular. \r"/.r ilnd thatthe monetary lirnit fixed for frling an appeal ltt-forr: tlr {jri n Court isRs.2.O0 crore. II Page 2 of 3 +In the instant appcal, [tax ][effect is ][well ][below the ][monetary ][limit'] 5. Therefore, the appeal [hled by ][the ][Revenue ][is ][dismissed ][in ][terms]of the aforesaid circular [No.9 ][of ][2o24 ][dated, ][17.o9.2o24. ][However, ][if]the appeal comes [u'ilhin ][the ][exception ][of Circular ][No'S ][of ][2024 ]' [it]would Lrc opcn to [1.hr: ][Itrcome ][Tax ][Department ][to ][seek ][revival ][of ][the]appeal. No costs. 6. As a sequel, rr,iscellaneous [applications ][pending ][if ][any' ][shall]stand clo ser [i] Sd/- M. VIJAYA JOINT REGISTRARECTION OFFICER //TRUE COPY// To 1The lncome Tax [Appellate Tribunal, Hyderabad ][Bench.'8" ][Hyderabad]2The Commissionei [of lncome ][Tax ][(Appeals), ][vijayawada]2The Commissionei [of lncome ][Tax ][(Appeals), ][vijayawada] JThe lncome Tax [Officer, Ward -9(3) ][Hyderabad]4OnL CC to Ms. [Bokaro ][Sapna Reddy, ][Sc ][for ][lncome ][Tax' ][ ]5Two CD CoPies4OnL CC to Ms. [Bokaro ][Sapna Reddy, ][Sc ][for ][lncome ][Tax' ][ ]5Two CD CoPies ADI(PR HIGH COURT DATED:17102t2025 JUDGMENT ITTA.No.335 ot 2012 DISMISSING THE ITTAWITHOUT COSTS ', rl:574o[*] /4.aiJ(1t r.rn ?es)