Itta/5/2025 Of The Principal Commissioner Of Income Tax-Central v. M/S. Sushee Infra And Mining Limited

t HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD MONDAY,THE SEVENTH DAY OF APRILTWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE P.SAM KOSHYTHE HoNo,RABLE sRr,rrril=o*o*sr NG RAo NANDTKoN DA tNcoME TAX TRIBUNAL APPEAL NO: 5 OF 2O25 Income Tax Tribunal Appeal Under Section 2604 of the lncome Tax Act,1961Assessment aggrieved by the [year ]Order dated^27 .12 2oZS passeO-in i.i n. f.f o t33tHyDt202O tor the2017-201g on the rire ot ine income Tax Apperate Tribunar,Hyderabad Bench [,A,, ]Hyderabad. Between: The Principal Commissioner of lncome Tax_Central, Hyderabad ...APPELLANT AND M/s. 12,Banjaru Sushee Infra and Mining Limited, Hitrs, Hyderabad: pAN N; plot diib:s#tjti''No. 246/A, MLAColony, Road No ...RESPONDENT Counsel for the Appellant:Ms. B. Sapna Reddy,standing CounselRep.Smt. K. Mamata Choudary Counsel forthe Respondent: SRI p SOMA SHEKAR REDDY The Court made the following: JUDGMENT SAM K TH [,BLE SRI JUSTIC][EP.]ANDNARSING RAO NAN[D]IKONDA[ [ SRI][ JUSTICE]][[ SRI][ JUSTICE]][[ JUSTICE]] THE [N'B][ [ SRI][ JUSTICE]][[ SRI][ JUSTICE]][[ JUSTICE]] ETAX [ No.5][ o] [2025] INC JUD [NTi ][fper ][rlon'ble ][Sn ][Justice ] [Sdm ][Kosh!)]Heard [Ms.B'Sapna Reddy' Iearned Standing Counsel ][for ][Income]Tax, [aPPearing on][ behalf ][of ][the aPPellart'] The [[instant ][appeal ][under ]][[appeal ][under ]][[under ]][Sectio ][n ][260A ][of ][the ][income ][Tax ][Act'] 2. The [[instant ][appeal ][under ]][[appeal ][under ]][[under ]]1961, [has ][been ][preferred by ][the ][Revenue as ][the ][appellalt ][against ][the]order [dated ][27.r2.2023 ][passed ][by ][the ][Income ][Tax ][Appenate ][Tribunal,]Hyderabad ["4" ][tsench' ][Hyderabad' ][in ][I'T'A'No'733lHydl2O2O ][for ][the]Assessment [Y eat' ][2077 ][-18 ]['] Centra'l [Board ][of ][Direct ][Taxes ][(CBDT) ][has ][issued ][Circular ][No'9 ][of] 3. Centra'l 2024 [daLed ][17 ]['Og'2024' ][amending ][the ][previous ][Circular No'5 ][of ][2O24]dated [15.03. ][2024, ][by ][further ][enhancing ][the ][monetary ][limits ][for ][hling]appeals [by ][the ][Income ][Tax ][Department before ][the ][Income ][Tax]Appellate [Tribunals' ][High Courts ][and ][Supreme ][Court ][as ][a ][measure for]reducing [litigatton][. In ][ParagraPh ][2][ of ][the ][said ][Circular, ][we ][find ][that]the [monetary ][limit ][rxed ][for ][rrling ][a', ][appeal ][before ][the ][High ][court ][rs]Rs.2.OO [crore] 4' In the instant appea-I, tax effect is well berow the monetary limit. 5. Therefore, the appeal filed by the Revenue is dismissed in termsof the aforesaid Circular No.9 of 2024 dated 17.Og.2O24. However, ifthe appeal comes within the exception of Circular No.5 of 2024, itwould be open to the Income Tax Department to seek revival of theappeal. No costs. 6. As a sequel,miscellaneous applications pending if any, shallstand closed. D/- B. JOINT JOINT ,TRUE ECTION To, 1 . The [lncome Tax Appellate ][Tribunal' ][Hyderabad Bench ]['A" ][Hyderabad] 2. One [to SRl. ] [Advocate IOPUCI] 3. One [to ][Smt ] [Mamata Choudary' ][Sr' ][Standing Counsel ][ ] 4. Two [CD CoPies] TPK/gh W HIGH COURT I DATED:0710412025 JUDGMENT|TTA.No.S of [2025] (oG[1HE ][r-i ][I, i]5//jI22ruEM/ ITTA IS DISMISSED Gr"{D<T^-""