Itta/596/2006 Of The Commissioner Of Income Tax v. M/S. Era Software Systems (P) Limited

IN THE HIGH COURT FOR THE STATE OF AT HYDERABAD WEDNESDAY, THE SECOND DAY OF AUGUSTTWO THOUSAND AND TWENTY THREE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE A. LAXMI NARAYANA INCOME TAX TRIBUNAL APPEAL No: 596 OF 2006 lncome Tax Tribunal Appeal Under Section 2604 of the lncome Tax Act,1961 arising out of the order of the lncome-Tax Appellate Tribunal, HyderabadBench 'B' Hyderabad, in ITA No.489/Hyd/03, for Assessment Year ['1999-2000]dated:27 -09-200 5 preferred against the Order of the Commissioner of lncome Tax ,(Appeals)-ll, Hyderabad, lTA.No.31/ClT(A)-ll/02-03, dated:9-12-2002, preferredagainst the Order of the Assislant Commissioner of lncome Tax, Hyderabad, P.A.N /G.l.R No. E. 253, dated 06-03-2002. Between: The Commissioner of lncome Tax,, Hyderabad -ll ...Appellant AND M/s. Era Software Systems (P) Limited, 1't Floor, Plot [No. ]50, Srinagar Colony,Hyderabad. ...Respondent Counsel for the Appellant: SRI J.V. PRASAO, Counsel for the Respondent: SRI N.R. SIVASWAMYThe Court delivered the following: JUDGMENT THE HON'BLE SRI JUSTICE P.SAM KOSITY AND THE HON'BLE SRI JUSTICE A. LAXMI NARAYANII I.T.T.A. No. 596 of 20O6 JUDGMENT:1pe r Hon'ble Si Justice 4-SAM KOSfiy) Heard Sri J.V.Prasad, learned Senior Stalcling Counscl appearing forthe appellarltthe appellarlt 2. This appeal under Section 260A ol the Income Tax Act, 1961, hasbeen preferred by the Revenuc as thc appellant against the orderdt.27.O9.2OOS passed by the lncome Tar Appellate Tribunal, HyderabadBench 'B', Hyderabad, in I.T.A.No.489 lHydlo3 lor the Assessment year1999-2000. 3. Central. Board of Direct Ta_xes (CBDT) has issued Circulu No.17 of20 19 dt.08.08.2O 19, amending the previous Circular No_lt of 2O lgdt.l I-07.2O18, by further enhancing the monetary limits for hling appealsby the Income Tax Department before the Income Tax Appeuate Tribunals,High Courts and Supreme Court as a measure for reducing lir_igation. Inparagraph 2 of the sard Circular, we hnd that the monetar), limit fixed forfrling an appeal before the High Court is Rs. LOO crore. 4In the instant appeal, tax effect is rvell below the monetal/ limit 5. Therefore, the appeal filcd by the Department is dismissed rn terms ofthe aforesaid Circular No. l7 of 2019 dt.08.08.2O19. However, if the appealcomes within the exception under paragraph lO of Circular No.3 :f 201g, it Iil would be open to the lncome Tax Dcpartment to seek reviva] of the appcalNo order as to costs 6Consequently, misccllaneous petitrons pending, if any, shall standclosed- Sd/.K.SRINIVASA JOINT REGISTRARIJD,.: : //TRUE SECTION To, 1. The lncome-Tax [Appellate Tribunal' Hyderabad ][Bench ][' ] [' ][Hyderabad']2. The [Commissioner ][of ][lncome ][Tax ]' [(Appeals)-ll' ][Hyderabad']3. The [Assistant Commissioner ][of ][lncome ][Tax' Hyderabad']2. The [Commissioner ][of ][lncome ][Tax ]' [(Appeals)-ll' ][Hyderabad']3. The [Assistant Commissioner ][of ][lncome ][Tax' Hyderabad'] 4. One CC [to ] [J.V' ][PRASAD' ] 5. One CC [to ] [N.R' SIVASWAMY' Advocate ][ ] 6. Two [CD CoPies] kam BM & HIGH COURT DATED:0210812023 JUDGMENT ITTA.No.596 of 2006 THE APPEALIS DISMISSED Gf"?"' .N.---'a'-+\qFs 1[t\][e ][STAfEf][ o](9o\o0 [sEP ][2ul]),!)\'O,,I\lrut4\_-i