Itta/8/2016 Of Commissioner Of Income Tax-V v. Shri Ch. Malla Reddy

HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD WEDNESDAY, THE TWENTY FIFTH DAY OF JUNETWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE P.SAM KOSHYAND THE HONOURABLE SRI JUSTICE NARSING RAO NANDIKONDA INCOME TAX TRIBUNAL APPEAL NO: 8 OF 2016 Appeal under Section 260-4 of the lncome Tax Act, 1 961 , against ordersto call for records relating to ITA No. 7721Yyd12013, dated 06-06-2014 on the fileof the lncome Tax Appellate Tribunal, Hyderabad, Bench-A, Hyderabad relatingto the assessment year 2008-2009, preferred against the order of theCommissioner of lncome-tax (Appeals) - l, Hyderabad in lTA.Nos.0766 to770lCC-1 ,HydiclT(A)-ll10-11, dated 28.02.2013 for the assessment years 2003-04 to 2005-06, 2008-09 & 2009-10, preferred against the order of the Asst.Commissioner of lncome Tax, Central Circle-1, Hyderabad inPAN.No,ABWPC2441A, for the assessment year 2008-09. Between: COMMISSIONER OF INCOME TAX-V,, lT Towers, A.C. Guards, Hyderabad. APPELLANT AND SHRI CH. MALLA REDDY, Sy.No. 59, Jayanagar, Bowenpatty,Secunderabad. ...RESPONDENTS Counsel for the Appellant(s):SRI. PRAVEEN REDDY Counsel for the Respondents: A V A SIVA KARTIKEYA The Court made the following: ORDER THE HON'BLE SRI JUSTICE [P.SAM KO]SEI AND THE HON'BLE SRI JUSTIC [NA,NDIKONDA] INCOME TAX TRIBUNAL APPEAL [No.8 OF ][2016] JUDGMENT:(per I lotl'ble Sn,lustice P.Sam Kosl].ltl Heard Mr.Praveen Reddy, learned [Standing ][CourLsel ][for ][Income]Tax, appearing on behalf [of ][the appellant] 2. The instant appeal under Section [26OA ][of ][the ][Irrcome ][Tax ][Act,]1961, has been [preferred by ]the [Revenue ][as ][the ][app:il'ant ][against ][the]order dated 06.06.2014 [passed ][by ]the [Income Tax ][Appellate ][Tribunal,]Hyderabad 'A" Bench, Hyderabad, [in ][I'T.A.No.772ll|vCl2Ol3 ][for the]Assessment Year 2008-09. 3. Central Boarcl of Direct [Taxes ][(CBDT) ][has ][issuel ][Circular ][No'9 ][of]2024 dated 17.O9.2024, [amending ][the ][previous ][Circrl:rr ][No.S ][of ][2024]dated 15.03.2024, by further enhalcing [the ][monetary ][limits for filing]appeals by the Income Ta-x [Departraent before ][th ][e ][Income ][Tax]Appellate Tribunals, High Courts [and ][Supreme ][Courl- as a ][measure ][for]reducing litigation. In paragraph 2 of the [said ][Circr-rleLr, ][we ][hnd ][that]the monetar5r limit fixed for filing ar [appeal before ][lhr: High ][Court ][is]Rs.2.OO crore. 4 In the instant appeal, tax effect is well below the monetary limit. 5. Therefore, the appeal filed by the Revenue is dismissed in termsof the aforesaid Circular No.9 of 2024 dated. lT.Og.2O24. However, ifthe appea,l comes within the exception of Circular No. 5 of 2024 it, would be open to the Income Tax Department to seek revival of theappeal. No costs. 6. As a sequel, miscellaneous applications pending if any, shallstar-rd closed Sd/. M. RAMANA JOINT REGISTRAR //TRUE y) SECTiON To, 1. The lncome [Tax Appellate ][Tribunal' ][Bench ][-A' ][Hyderabaad'] 2. The Commissioner [of ][lncome ][Tax, ][(Appeals) ][- ][l' ][Hyderabad'] 3. The Asst. [Commissioner of lncome Tax' Central ][Circle-1 ][' Hyderabad] 4. One CC to [SRl. ] [Advocate ][ ] 5. One [to SRl. ] [SIVA KARTIKEYA Advocate ][ ] 6. Two CD [CoPies] \qr .r1*€ HIGH COURT DATED:2510612025 ORDERITTA.No.B of 2016 DISMISSING THE APPEAL *dag _:-./.4o'.2.1.q.\Lr' [t]7.+'(:)i!:lLt't.0 3 sEP 2025: i.\.r...'\.:'.\-2