Itta/377/2013 Of Commissioner Of Income Tax v. Annapurna Builders

IN THE HIGH COURT FOR nr ivbr#l|*. [o. ][TELANcANA] *'o*ffi "llJuu.HBTJr.lilirr+.i,I.MARcH [ [3447 ]] PRESENT THE HON,BLE SRI JUSTICE P.SAM KOSHYP.SAM KOSHYTHE HON,BLE SRI JUSTICANDE NARSING RAO NANDIKONDAlNcoME TTRIBUNAL APPLNo: 377 OF 20 13E NARSING RAO NANDIKONDAlNcoME TTRIBUNAL APPLNo: 377 OF 20 13 Appeal under Section 377 OF 20 13 OF 20 13 20 13 13260A ofthe lncome of thelncome Tax Appellate TlbunalTax Act, 196'1against the orderHyderabad [,,8,, ]No 1006 I Hydt2T 1 2 dated Bench Hyderabad in I.T.A2T -1 1 -20 1 2for the Assessment year 2008-09 Between: Commissioner of lncome Tax_lll, l.T.Towers, A.C.Guards,HyderabadANDM/s. Annapurna Builders, 6 3-1 192 Kundan Bagh, Begumpet, Hyderabad, ..Appeilant ...Respondent Counsel for the Mr. Appdllant: J.v. Prasad, Ms. s"nio''strnaiii'i.,ln""r B. Sapna Reddy, Junior ror Standing the tncome Counselrax;"XJfiilj'# Mr. Appdllant: J.v. Prasad, Ms. s"nio''strnaiii'i.,ln""r B. Sapna Reddy, Junior ror Standing the tncome Counselrax;"XJfiilj'# Counsel for the Respondent: Mr. y. RatnakarThe Court delivered the following: JUDGMENTThe Court delivered the following: JUDGMENT II TIIE [JUSTICE P'SAM KOSHY][ ][RAo] N ARsrN [ ][RAo] rrrE [HoN ][ou*'k'^iffiBi3iE ] F[20][13]ITTANo.31[70] 'ble Sri [Justice ][P Sam ][KoshY)] JU[D] [T][ @er ][Hon] StandingReddY,, [leamed ][Junror]Heatd[Ms. ][B.SaPna]Mr. [J.V'Prasad' iearned ][Seniot ][Standing]Counsel [rePresenting]e Tax [Department ][for the ][appellant' ][Perused]Counsel [for ][the ][Incom]the record This [[appeal ]][[under Section ][260A ][of ][the ][lncome ]][[260A ][of ][the ][lncome ]][[of ][the ][lncome ]][[the ][lncome ]][[lncome ]][Tax ][Act'] 2. This [[appeal ]][[under Section ][260A ][of ][the ][lncome ]][[260A ][of ][the ][lncome ]][[of ][the ][lncome ]][[the ][lncome ]][[lncome ]]1961, [has ][been ][preferred ][by ][the ][Revenue ][as ][the ][appellant]against [the ][order ][dated ][21 ]['ll'2012 ][passed ][by ][the ][Income Tax]Appellate [Tribunal, ][Hyderabad ][Bench ]['8" ][Hyderabad' ][in]I.T.A.No. [006 ][lFry ][d'l ][20 ][l.,for ][the Assessment ][Year 2008-09']3. Central [Board ][of Direct ][Taxes ][(CBDT) ][has ][issued ][Circular]No.9 of [2024 ][dated ][11 ]['09'2024' amending ][the previous Circular]No.5 of [2024 ][dated ][i5'03'2024' by ][further ][enhancing the monetary]limits for filing appeals [by ][the Income ][Tax ][Department ][before ][the]Incorne Tax Appellate Tribunals, High Courts and Suprerne Court i as a measure for reduclitigation' In paragraph circurar, we find 2 of the said,hu, ,h.''g fixed ror filins berore the an appearHigh court,.;:;::.limit circurar, we find 2 of the said,hu, ,h.''g fixed ror filins berore the an appearHigh court,.;:;::.limit 4. limit. In the instant appeal, tax effect -'" rr is well vvtrrr belov effect -'" rr is well vvtrrr b-'" rr is well vvtrrr bis well vvtrrr brr is well vvtrrr bwell vvtrrr bvvtrrr bbolow elovthe monetary 5' Therefore' the appeal appeal filed by the Department is dismissed by the Department is dismissed the Department is dismissed terms of the aforesaid Circular 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. Therefore' the appeal appeal filed by the Department is dismissed by the Department is dismissed the Department is dismissed in 6. Consequently, miscellaneous petitions pending, if any, shallstand closed. SO/- MOHD. ISMAILDEPUTY REGISTRARDEPUTY REGISTRAR //TRUE COPY// SEON OFFICER To '1. I2 O_ne The lncome CC Mr. J.V. Tax prasad, Aooellate Tribunal, Hyderabad S"nior. St"nOi,ijC"rn*f ,,8,, for the lncome Bench, HyderabadTaxIDepartment[OpUCl3- One CC to Mr. y. Ritnakar, Advocate 4 Two CD CopiestOpUClIDepartment[OpUCl3- One CC to Mr. y. Ritnakar, Advocate 4 Two CD CopiestOpUCl kam/gh .:'.;.::.1 HIGH DATED:26 [tO3l2O25] Therefore' the appeal appeal filed by the Department is dismissed by the Department is dismissed the Department is dismissed in 6. Consequently, miscellaneous petitions pending, if any, shallstand closed. SO/- MOHD. ISMAILDEPUTY REGISTRARDEPUTY REGISTRAR //TRUE COPY// SEON OFFICER To '1. I2 O_ne The lncome CC Mr. J.V. Tax prasad, Aooellate Tribunal, Hyderabad S"nior. St"nOi,ijC"rn*f ,,8,, for the lncome Bench, HyderabadTaxIDepartment[OpUCl3- One CC to Mr. y. Ritnakar, Advocate 4 Two CD CopiestOpUClIDepartment[OpUCl3- One CC to Mr. y. Ritnakar, Advocate 4 Two CD CopiestOpUCl kam/gh .:'.;.::.1 HIGH DATED:26 [tO3l2O25] JUDGMENT|TTA.No.3V7 [at ][2013] DISMISSING THE APPEAL[[8][la{]rq --i- ----. s.l 416<',l')10 [sEP ][2$25]-*ol.. [.... ][,]