Itta/81/2013 Of Commissioner Of Income Tax-Ii v. Heritage Foods (I) Ltd., Hyd

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABADMONDAY, THE THIRD DAY OF MARCHTWO THOUSAND AND TWENTY FIVE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHYAND THE HON'BLE SRI JUSTICE NARSING RAO NANDIKONDA INCOME TAX TRIBUNAL APPEAL NO: 81 OF 2013 Appeal filed under section 260A of the lncome Tax, 1961 aggrieved by theorder dated 26-8-2011 in ITA No.1213lHydl2006 on the file of the lncome-taxAppellate Tribunal, Hyderabad Bench-"A", Hyderabad.order dated 26-8-2011 in ITA No.1213lHydl2006 on the file of the lncome-taxAppellate Tribunal, Hyderabad Bench-"A", Hyderabad. Between:Commissioner of lncome Tax-ll, Hyderabad. AND HERTTAGE FOODS (t) LTD., HYDERABAD Counsel for the Appellant: Ms. Bokaro Sapna Reddy, Standing Counsel for lncome Tax Counsel for the Respondent: Sri K. Gopal ChoudaryThe Court delivered the following: JUDGMENT ...Appellant ...Respondent F' _/^, THE HON[,BLE ]SRI JUSTICE [P.SAM ] AND THE HON,BLE INCOME TAX TRIBUNAL AP [No.81 ][Or'2013] WDGMENT i @er [Hon'bte ][Srt ][Justic., ][P..som ][Koshvl]Heard Ms.Bokaro Sapna Reddy, learned Stancing [Counsel ][for]Income Tax, appearing [on ]behalf [of ][the appellant.] 2. The instant appeal under Section [26OA ][of the ][Income ][Tax ][Act,]1961, has been [prelerred ]by the [Revenue ][as ][the appr'llant ][against ][the]order dated 26.O8.20t 1 [passed ]by the [Income ][Tax ][Appellate ][Tribunal,]Hyderabad 'A" Bench, Hyderabad, in [I.T.A.No. ]l2l3l [1yd12006 for ][the]Assessment Year 2000-O 1. 3. Central Board of Direct Taxes [(CBDT) ][has ][issuecl ][Circular ][No'9 ][of]2024 dated 17.O9.2024, amending [the previous ][Circtrlar ][No.5 ][of ][2O24]dated 15.03.2024, by further [enhancing ][the ][monetz.ry ][limits ][for ][filing]appeals by the Income Tax Department before [the ][Income ][Tax]Appellate Tribunals, High Courts and Supreme Court [as ][a measure for]reducing litigation. In paragraph 2 of the said Circ,ular, [we ][find ][that]the monetary limit hxed for frllng an appeal before the High Court [is]Rs.2.00 crore. \ iI \l r 4, In the instant appeal, tax effect is well below the monetary limit 5. Therefore, the appeal frled by the Revenue is dismissed in termsof the aforesaid Circular No.9 of 2024 d,ated. 17.Og.2024. However, ifthe appeal comes within the exception of Circular No.S of 2024, itwould be open to the Income Tax Departm".rt to revival of the"""k appeal. No costs. 6. As a sequel, miscellaneous applications pending if any, shallstand closed. Sd,. K. JOINT /ITRUE [COPY/']SECTION To, To,ch-'A", [HYderabad]1. The lncome-tax [Appellate ][Tribunal' ][Hyderabad ][Ben]I for lncome [Tax ] 2d;c;i,d [aoraio ][sapna ][Reddv' ][standins ][c99l::]I1. The lncome-tax [Appellate ][Tribunal' ][Hyderabad ][Ben]I for lncome [Tax ] 2d;c;i,d [aoraio ][sapna ][Reddv' ][standins ][c99l::]IJ. il66 iot, [x ][cop'r'Choudary' ][Advocate ][ 4Two CD [CoPies]4Two CD [CoPies]Kam,?SL HIGH COURT DATED:0310312025 JUDGMENT lTTA.No.81 of [2013] DISMISSING OFTHE APPEAL /4.h5/ // ^ ,z/ ,ltrte [s]lq -4.$l1 f',,llt llEit'+/it{)c.9P,t [r ]Cr [rED]