Itta/806/2006 Of The Commissioner Of Income Tax(Tds), Hyderabad v. M/S. Nsl Limited

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD WEDNESDAY, THE NINTH 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: 806 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.5BB/Hyd/1996, for Assessment Year 1993-94dated 3'1-'1-2006 preferred against the Order of the Commissioner of lncome Tax ,(Appeals-ll), Hyderabad, Appeal No. 64/lTO-5(9yClT(A)-ll/ Hyd/95-96, dated:18-12-1995, prefered against the Order of the lncome Tax Officer, Ward-5(9), Hyderabad,No. N-0130-EM.5(9)/Hyd/95-96, dated 31-03-1995.1961 arising out of the order of the lncome-Tax Appellate Tribunal, HyderabadBench ' B' Hyderabad, in ITA No.5BB/Hyd/1996, for Assessment Year 1993-94dated 3'1-'1-2006 preferred against the Order of the Commissioner of lncome Tax ,(Appeals-ll), Hyderabad, Appeal No. 64/lTO-5(9yClT(A)-ll/ Hyd/95-96, dated:18-12-1995, prefered against the Order of the lncome Tax Officer, Ward-5(9), Hyderabad,No. N-0130-EM.5(9)/Hyd/95-96, dated 31-03-1995. Between: The Commissioner of lncome Tax(TDS), Hyderabad AND M/s. NSL Limited, Nagarjuna Hills, Hyderabad-soo 482. ...APPELLANT ..,RESPONDENT Counsel for the Appellant: Mr. A. RADHA KRISHNA, Learned Senior StandingCounSel appearing for SRI V.R. BADRI, SC FOR INCOME TAX. Counsel forthe Respondent: SRI CH. PUSHYAM KIRAN The Court delivered the following: JUDGMENT IIIE HON'BLE SRI JUSTICE P.SAM KOI;TIY AND TH IION'BLE SRI JUSTICE A. LAXMI NARAI'AIiIA I.T.T.A. No.806 of 2006 JUDGMENTf)r [/ ][)ir'.)/.-:.S/r.;i/sttc, ]P.SAM KOSHY) Hcarcl i\'. A. Racll.ra Kr-ishna, leamed Scnior. l: an,ling Counsel aPr)c:lllnu [,,1 ]ri Plrclli [r ][l rr] 2. This; alrp a undcr Sectior)260A of the lncomc 'l'it.. .{,tt, 196 1. hasbct'n pre[L'r-r r:r] I t' thc licvcrrut.Sthe apltcl an L t, urr:jt th(. orderdt..l I 0l.2,lOr: ,i. sccl br,thc ln c c rir,'lax Appclli Ltc 'li llrnal. I-h'clcrabacilJcnclt Ll'. JIirlr [';L ]tacl. trrI T A.\ri ;8!i/tlvd/ l9q6 ti)r trr , .\ss,,ssmcnt year199:l-(r.+. 3. Cen ral Irr rd ol l)i r.ct ['lrrx,.s ](CBDT) has rssrrr:d ( rr.crrl:rr No.l7 o120 [I(l ]drUSoEl' 19. anir rrclrru tltc llrcvrorrs Cirrrrl:rr \tr.3 oI 20igdr. i.0/.10 llt,' [lurthr,L ][r ][nlurni.irtrl ][!lrc ][r:rotrctirr-v ][lirnrls ][r. ][tilit.rg ][appeal-s]bt ihc: Irrcomr. ['l]rr Dcpartrrcnl ltcf,rrc tlre Int:omc l.ar ,\ tf,:llatc [.l.rjbut.rals.]Flt git Cour s rrn,lrrprt rrrr' CoLtrt iLS;r filcirsurc [cr rcrlrr- ltg ]rtigation. Inparagraph -) 1'r,. saicl Ci:r-Lr [j;rr, ]u<' fincl that the m()ne ir.! I mit fixed forhling an appci I Ir' rr( th(. I,iglr (lrrrr-r s Ils. LO0 c.ro.c. 4. Lr tl: c irrstr I itpl)rral lar e l-li, t is well bclow the n:.crL. Lr.rrv limil5 J'her- frrr . l:e :rpp.rrr fftrl ir,' tl.' I)cpirrrmcnt is .ris rri.scc ln lorms ofl.ltc irlbrrsaLcl (-1r uii| 1\o 1,/ sl'12()l ) (11.08.0g.20I9 llo.v,r ,l , if thr. .rppoalcomcs *'i1h :r rlrr c ;r:.pr i.n trrrlr'r' P r.rgrrrpr-r r0 of cir( arir. No 3 of 20 rg, it \ would be open to the [lncome ][Tax Department ][to ][seek ][revlval of the ][appeal]No order as to costs 6Consequently, miscellaneous [petitions pending, ][if ][any, ][sha11 ][stand] closed 4. Lr tl: c irrstr I itpl)rral lar e l-li, t is well bclow the n:.crL. Lr.rrv limil5 J'her- frrr . l:e :rpp.rrr fftrl ir,' tl.' I)cpirrrmcnt is .ris rri.scc ln lorms ofl.ltc irlbrrsaLcl (-1r uii| 1\o 1,/ sl'12()l ) (11.08.0g.20I9 llo.v,r ,l , if thr. .rppoalcomcs *'i1h :r rlrr c ;r:.pr i.n trrrlr'r' P r.rgrrrpr-r r0 of cir( arir. No 3 of 20 rg, it \ would be open to the [lncome ][Tax Department ][to ][seek ][revlval of the ][appeal]No order as to costs 6Consequently, miscellaneous [petitions pending, ][if ][any, ][sha11 ][stand] closed To,1.The lncome-Tax [Appellate ][Tribunal' ][Hyderabad ][Bench ][' ][B' ][Hyderabad']2.The Commissioner [of lncome ][Tax ][' ][(Appeals-ll)' ][Hyderabad']JThe lncome [Tax Officer' ][Ward-5(9)' ][Hyderabad']4One CC [to ][Sri ][A' ][Radha ][Krishna' ][Senior Standing Counsel ][for ][lncome Tax]loPUCl1.The lncome-Tax [Appellate ][Tribunal' ][Hyderabad ][Bench ][' ][B' ][Hyderabad']2.The Commissioner [of lncome ][Tax ][' ][(Appeals-ll)' ][Hyderabad']JThe lncome [Tax Officer' ][Ward-5(9)' ][Hyderabad']4One CC [to ][Sri ][A' ][Radha ][Krishna' ][Senior Standing Counsel ][for ][lncome Tax]loPUCl5. One [to ][V.R ][BADRI' SC FOR ] [TAX 6. One [to ] [CH' ] [KIRAN' ][Advocate ]7. Two [CoPies]6. One [to ] [CH' ] [KIRAN' ][Advocate ]7. Two [CoPies] kam ?^q, HIGH COUR'' DATED: 0910il2023 JUDGMENT lTTA.No.806 rf 2006 ITTA !S DISt\ ISSED (-S)\:)\:. ,,,.,/i' [/,;]i_-a ---