Itta/764/2006 Of The Commissioner Of Income Tax Iii, Hyderabad v. Sama Internationala Pvt. Limited

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD WEDNESDAY, THE NINTH DAY OF AUGUSTTWO THOUSAND AND TWENTYTHREE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE A. LAXMI NARAYANA INCOME TAX TRIBUNAL APPEAL No: 764 oF 2006 lncome Tax Tribunal Appeal Under Section 260,q of the lncome Tax Act, 1961arising out of the order of the lncome{ax Appellate Tribunal, Hyderabad Bench 'A [,]arising out of the order of the lncome{ax Appellate Tribunal, Hyderabad Bench 'A [,]Hyderabad, in ITA No.106/Hydl2OO1, for assessment Year 1997-98 dated 31-01-2006 preferred against the Order of the Commissioner of lncome Tax , (Appeals)lV,Hyderabad, Appeal No.186/AC-7(7)1CI(A)1V12000-01,dated:05-12-2OOO, preferredagainst the Order of the Assistant Commissioner of lncome Tax, Hyderabad2006 preferred against the Order of the Commissioner of lncome Tax , (Appeals)lV,Hyderabad, Appeal No.186/AC-7(7)1CI(A)1V12000-01,dated:05-12-2OOO, preferredagainst the Order of the Assistant Commissioner of lncome Tax, HyderabadPAN/GIR No.SA 6, dated 27-03-2000. Between: The Commissioner of lncome Tax lll, Hyderabad. ...APPELLANT AND Sama lnternational Pvt. ttd. 3-6-365/4 & B, Hirhayatnagar, Hyderabad. ...Respondent Counsel for the Appellant: SRI J.V. PRASAD, Learned SeniorStanding Counsel appearing for SRI B. NARASTMHA SHARMA, SC FOR tTOEPARTMENT Counsel forthe Respondent: SRI Y. RATNAKAR The Court made the following: ORDER \I ,I'H ) IION'BLE SRI JUSTICE P.SAIII B.OSrrI' AND THE II )I{'BLE SRI JUSTICE A. LAXMI N.qRAY-{h-A I.T.T.A. No.764 of 2OO6 JUDGMENT: lrsr [r/c ]i,'i' .') t ../trsl.l.' P-SAM KOSHY) I le:rrd Srt ,l\ . l)rasad, iearned Senior Standing C)c rrrscl appearinglbr th(' appell.xrl 2. This a:pcalu 1d'--r Section 2604 of the incom ' ['l'a,x ],1 rl , I 96 I , hasbccrr [prcfcrr:ci ]bth: Rcvcnue as the appellan irga in ;t the orderdt.3l.O L200(r prrscr I i;y thc Incorne ['l'ax ]Appellate Tritru n i | , JlyderabadBent'h 'A', H1 deralrrl, n LT.A.No.106ll1ydl2OO 1 for thr: As: rssnent Year) 997 [,t)8 ][.] 3. Centra. BoaI ol Dircct Taxes (CBDT) has issucd [(lirr ]-rla- No.17 of2019 dr.08.()8 r09 irmending the previous Circ ul:u- N,;.3 oI 2018dt. I 1.07.201tr, bylr ther enhiincing the moneta-ry lir-rits [c r iilir,g appealsby thc Incom.' TaxD lpilrtment before the Income Ta-: Appt It. rte lribunals,High CourLs irnc Iul)r€me Court as a measure for reduc'irrp litrgation. Inparagr trph 2 of rnes,dd Circuler, wc find that the m()ncti)r,r lirnit fixed forhling an appe,:l befrr ttre Hrgh Court is Rs.1.OO crore. 4. in the insr arr,ppeal, tax effcct is rve1l below the mc,rne ruy 1imit. 5. TherefL.re, th' irppeal filcd by thc Department is disnririr;: d i-r terms ofthe afrrrcsaid Cir-,:uar No- l7 of 2019 dt.08.08.2019. Fowe\rrr. if the appealcomcs ruthin thc ect ption under par:Lgraph 1O of Cir,:ular [,irr ]ll oi 2018, it \ would be open to the Incomc Ta\ Depa__r..(rrcrrL rtment tro seekrevival of the ap_,ocaJNo order as to costs. 6Consequently, miscellareous petitions pencling, if any, shall standclosedmiscellareous petitions pencling, if any, shall standclosed Sd/- M. VIJAYA BHASKER IJO|NT REG|STTnAR Isecnor/#rrcen //TRUE COPY// To, The lncome{ax Appellate Tribunal, Hyderabad Bench ' A ' Hyderabad. 1 The Commissioner of lncome Tax , (Appeals)lV, Hyderabad. 2 The Assistant Commissioner of lncome Tax, Hyderabad. J 4One CC to SRI B. NARASIMHA SHARMA, SC FOR IT DEPARTMENTloPUClloPUCl One CC to SRI Y. RATNAKAR, Advocate A 6Two CD Copies kamNJB HIGH COUF T DATED:091( gt2O2Z JUDGMENI-\.tr, tlTTA.No.764 n'2006\$'"$il+.'t,,4\' '/iY".?'l-lA t'- i./--. ITTA IS DISMI JSED ' [,-L]..\,-t- .,xr\ia.\1 \\,rya