Itta/48/2022 Of The Pr. Commissioner Of Income-Tax-4 v. Sri. Lokesh Chigullapally

IN THE HIGH COURT AT HYDERABAD FRIDAY THE SIXTEENTH TWO THOUSAND AND PRESENT THE HONOURABLE THE ANDTHE HONOURABLE [JUSTICE N.TUKARAMJI] INCOME TAX TRIBUNAL [NO: 48OF 2022] (lncome Tax Tribunal Appeal [Under ][Section ][260-4 ][of the ][lncome ][Tax ][Act,]the order [of ][the ][lncome ][Tax ][Appellate ][Tribunal, ][Hyderabad ][Bench'B"]against Hyderabad in ITA [No.905/Hyd/2016, ][for ][assessment ][Year ][2008-09 dated ][23-o7 ][-]2021 , [preterred ]against [the order of ][the ][commissioner ][of ][lncome ][Tax ][(Appeals)-7]ITA No. [1068/ClT(A)-7l2014]15, daled ][25-02-2016, ][preferred ][against]Hyderabad, theOrderofthelncomeTaxOfficer,Ward-9(4),HyderabadPAN/GIRNo.ACJPC0241J, [dated20-06-2015.)] Between: The Pr. Commissioner [of lncome-tax-4, ][Hyderabad ]"'APPELLANT AND Sri. Lokesh Chigullapally' [3. New ][Fru it. ][Market-Crcm ][plex, ][Kothapet']CiOOiannara.,-nyO'erabaO [- 500 036. ][PAN. ] [0241 ][B] ...RESPONDENT Counsel for the Appellant: [SRl. J. ][V. ][PRASAD (SC ] [TAx)] Counsel for the Respondent: [None appeared] The Court made the [following:] r ]: E, l-{ QN' tl.L .E I r ! l: qrlIIl_FJusT I c r i U_IJA L. B r l U-yAN A\LD T lc [r ][j ][r ][j ]o N' [rl ][r ][_ ][r ][j_ ]s RlJ usl' r c E N. LU K4 R, \ MJ I I.-I.l'.A.No..l 8 t>f 2022 t.lDGh{Er.l'I i. cr rtt,' ttrt , t, tix '!,.. l'r/'r/ Il/rr),lt) f lcrLrr J',fr.J.\'.Pr':rsacl, lcarncd Ser-rior Standirre (.r;ulscl, Incomel'ru D:1-nrtr l( ni f()r rhc altpcllantl'ru D:1-nrtr l( ni f()r rhc altpcllant 'i lri; z npc:rl npc:rl hrrs bercn prcfcrrcd by thcprcfcrrcd by thcthc 2lri; z npc:rl npc:rl hrrs bercn prcfcrrcd by thcprcfcrrcd by thcthcrcven Lr.rrs the tppcllantrrndcr icctr( n 2(r0,\ ctf rltc lncor-nc ['l'ax ]r\cr . 1961 (tr e flv [,thc ]Act,hcrcina ftc [-) ]ig:ailsr rhc or Jt,r ilarccl 23.07.201 I Passt,cl by thc lncome'l'ax Appcih : I'ribunri, ilrcicrabad Rench 'B', Hydcr.rbad (bncfly .therrndcr icctr( n 2(r0,\ ctf rltc lncor-nc ['l'ax ]r\cr . 1961 (tr e flv [,thc ]Act,hcrcina ftc [-) ]ig:ailsr rhc or Jt,r ilarccl 23.07.201 I Passt,cl by thc lncome'l'ax Appcih : I'ribunri, ilrcicrabad Rench 'B', Hydcr.rbad (bncfly .the'l 'l' ribunrr[' lr,- :,naftcr) in | \. No.905/Hyd/20 L6 [rrr r]re assessment\rcar 20()B 20 [rlt.]ribunrr[' lr,- :,naftcr) in | \. No.905/Hyd/20 L6 [rrr r]re assessment\rcar 20()B 20 [rlt.] 3. 'I hc a1: rr:a[ has bcen lilctl pr-oposing rhrr firllr,v,ing questions assubstan [jaj ]t1r ::,tions of Jarr.: 1. V'hcr tr: r n thc lacts rtnrl rn rhc circurrstanccs of r rc case, ts n()tthe clct:t rt,- r of tlx: ['I ]ribrrnal in ignoting the Ielevarrt anil gerrnanethe clct:t rt,- r of tlx: ['I ]ribrrnal in ignoting the Ielevarrt anil gerrnanematenalri r r,,l finclings ol- thc asscssing officr:t and ; r tlLking intoconsirlcr.rti ,r' irrclcr.ant nrarcrills bacl irr larv ar d pcrc [.se ]rnd also afatlurc t, t: e ci;c'its jrLrisdicrion as fhc Flnal far:t 6ndir.:,3 authoriw ?2. Whctlrcr r. n rhc facrs ,rnri in t]re circumstenc( s c,tr lhc casc. t]rc'I'ribLrnal ,: Ls rit,irr ur rt storing rhc mattcl, bzrck tr tl.c file offatlurc t, t: e ci;c'its jrLrisdicrion as fhc Flnal far:t 6ndir.:,3 authoriw ?2. Whctlrcr r. n rhc facrs ,rnri in t]re circumstenc( s c,tr lhc casc. t]rc'I'ribLrnal ,: Ls rit,irr ur rt storing rhc mattcl, bzrck tr tl.c file of tI II I [ I asscssing [ofErcer ][thougl'r ][thc ][nssessinq ][officel ][categotically bouglrt]on record [that ][t[rr: ][asscsscc s ][ttrtenuon ][ts ][cleatlv ][bcyond ][the ][pun'ictt']of the lcgrslative [lntcnt ][and ][cannot ][be ][classificd ][as ][falling ][within ][thc]cxempriorts [ullLlct ][i(cll{'rt ][IiI{) ][of ][the ]['\ct ][7] - tI II I [ I asscssing [ofErcer ][thougl'r ][thc ][nssessinq ][officel ][categotically bouglrt]on record [that ][t[rr: ][asscsscc s ][ttrtenuon ][ts ][cleatlv ][bcyond ][the ][pun'ictt']of the lcgrslative [lntcnt ][and ][cannot ][be ][classificd ][as ][falling ][within ][thc]cxempriorts [ullLlct ][i(cll{'rt ][IiI{) ][of ][the ]['\ct ][7] - 3. Whether [ou ][tht ][tacts antl ][in ][thc ][circumstances ][of ][thc ][casc' ][the]Tribunal [was ][righ ][t ][in ][not ][considenng ][the ][fact ][that ][the ][assessec's]case falls [u'ithin ][onc ][of ][the ][conditions' ][namely'] the [land ][for]purchase Sflhether [an ][agnculturist ]"vould agriculrural [purPoses at the ][price ][at ][which ][*re ][land ][was ][sold ][and]whethcr [thc owner would ][have ever ][sold the laod ][valuilg ][it ][as a]property fielding [agricultural ][ptoduce ][on the ][basis ][of ][its ][vield]fotlowing [thc law laid down ][b-v ][the ][Gularat ][High ][Oourt ][in ][the]case of CIT [v. ][Siddharth J Desai ][(1983) ][139 ][Il'R ][628 ][(Gui ][)]which test [rvas ][irlso ][considered ][by ][the ][Supreme ][Court ][ir-r ][the]caseofsarifaBlBlMohammedreportedifl0gg3)204ITR631(Sq. 4. Inrpugned [order ][of ][the ][Tribunal ][dated ][23'07 ]['2021 ][is ][a ][common] order [passed ][in ITANos905, ][906, ][907' ][908' ][ar,d ][909/H'ld/201'6]hlcd by [the ][revenuc][ against ][the respondcnts By ][a ][separate ][order]this Court [has ][dismissed ][I'T'1"A ][No'40 of ][2022]passed [on ][1'5.06.2023,] filed by [the ][revenue against ][the said ][common ][order]1nrespect of/d^r.a n.01.2021 [passcd ][by ][the ][Tribunal]f'hcI.T. A.No.909 / [d ]/ [20 ] [ flor ][the block ][Period ][2008-2009]raised [in both ][thc ][appeals ][being similar' ][the present ][appcal]qu".riorrs 1'. l'.,r..\-10 o {' 2022 [rvas]is l]so [r-lisrnlst ]['rl ][c'n ][thtl ][\ ef\: ][s'tltlc ][tcasotrs ][I] clismis [sctl] No r:<.rs t: ,\,cr:r'rJ [[n ]]1h'. [this ][eppcrl ][is ][tlistrisscd] 5,\,cr:r'rJ [[n ]]1h'. i\r : l [,.luel, ][lnisccllrrrlc()Lis ][llclltiorls' ][Ilcnd ][rl ][-1 ][i ][arlv' ][stand] ckrsetl Sd,-F:.SFIINIVASA JCINT REGISTRARt 1p, //TRUE SEC TION OFFICER To,B',Hyrlerabad1 . The [lncome T ]['x ][Appellate Tribunal' Hyderabad ][Be ][nch ][']i. i';; i;;;iss [rrrei ][of ][lncome ][Tax ][(Appeals)-7 Hvcerab]a7i. fn" [r"L"rn. ][T rx Officer, ][Ward-9(4)' ][Hyderlblr$- ]-^;. il ie i; [sF ][r ][v ] [(sc ][FoR ][INCoME ][-AX)']tC ]5. Two [CcPtr ][s]DLwQ HIGH COURT DATED:1 6/06/202 [3] JUDGN{ENTlTTA.No.48 of [20:22]l)Iu\ [l$E]i':.' P ]AL DISMISSING TIIE ^] IL914\oe(