Itta/88/2016 Of The Commissioner Of Income Tax [Central[ v. Smt.t.vengamamba Sneha

HIGH THURSDAY ,THE rWO TUOUSAND PRESENT THE HONOURABLE [JUSTICE P.SAM KOSHY]ANDTHE HONOURABLE [.IUSTi6-iTNNSING ] INCOME TAX [ NO:88][ oF ][2016] lncome [Tax Tribunal Appeal Under Section 260A of ][the ][lncome Tax Act'1961]tn ITA No309/HYD/20'13 [for ][the]agalnst [the ][Order ][dated][ 06.06.2014 ][Passed]the file [of the ][lncome ][Tax ][Appellate ][Tribunal']Assessment [Year ][2007-2008 ][on]Hyderabad [Bench'A', ][HYderabad'] Between: THE COMMISSIONER [OF INCOME TAX (CENTRAL)' HYDERABAD] .,.APPELLANT AND SMT.T.VENGAMAMBA [SNEHA, ][R/o'F ][No ][603' ][Srinidhi ][Towers' ] 6rrrt"t.lsiiNagar [Colony, Hyderabad'] ...RESPONDENT counsel [for the ][Appellaht: ][MS'J'SUNITHA ][( ][JR SC FOR INCOME TAX)] Counsel [for the ][Respondent: ] The Court [made the ][following: ] THE HONOURABLE SRI JUSTICE P.SAM KOSHYANDTHE HONOURABLE SRI JUSTICE NARSING RAONANDIKONDA ITTA No.88 oF 2016 JUDGMEN T (pcr I ktn'ble ,\ri ,lustit:c p Satn Koshy) Hear.d Ms. J. S unitha learned Junior Standing Counsel forthe Income Tar Department for the appellant. perused the record. This appeal under Secrion 260z\ ol the Incorre ,l.ax Act. 2 196 l, has been preferred by tire Revenue as the appellanlappellanlagainst tlre order dated 06.06.20 14 passed by the tncome faxAppellate l-ribunal, Hyderabad Bench ,A,Hyderabad,lnHyderabad,lnI.'t.A.No.i09/ll_vd/20 l i fbr the Assessment year 2007_0g.3. Central Board ol- Direcr Taxes (CBDT) has issued CircularNo.9 ol 2024 dated 11.09.2024, amending rhe previous CircularNo.5 of 2024 dared 15.0-1.1024, by further enhancing the monetarylimits fbr r'iling appeals by the Income.fax Deparlment before theIncome ['lax ]Appellate ll.ibunals, High Courts and Supreme Courtas a measurc 1br reducing litigation. [n paragraph 2 of the said2007_0g.3. Central Board ol- Direcr Taxes (CBDT) has issued CircularNo.9 ol 2024 dated 11.09.2024, amending rhe previous CircularNo.5 of 2024 dared 15.0-1.1024, by further enhancing the monetarylimits fbr r'iling appeals by the Income.fax Deparlment before theIncome ['lax ]Appellate ll.ibunals, High Courts and Supreme Courtas a measurc 1br reducing litigation. [n paragraph 2 of the said Circular, we find that the monetary limit fixed for trting an appeal belore the High Court is Rs.2.00 crore. 4. In the instant appeal, tax effect is rvell below the ntonetarrlirnit 'fhelefore, 5. the appeal filed by the Department is dismissed interms of the aforesaid Circular No.9 of 2024 dated 17.09.202.4.I lowever, if the appeal comes within the exception of CircularNo.5 of 2024, iL would be open to the Income Tax Depafinrent toseek revival of the appeal. There shall be no order as to costs 6. Consequently, miscelIaneous petitions pending, if any, shallstand closed Sd/- B. SATYAVATHIJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To, 1. The lncome [Tax Appellate Tribunal, Hyderabad Bench ]['A" ][Hyderabad.] 2.oneCCtoNIS.J'SUNITHA(Jr.standingCounselforlncomeTax)[oPUC] 3. One CC to [SRl. N NARASIMHA ] [Advocate ] ] 4. Two CD CoPies -lPK/psl Y\' HIGH COURT DATED:10104t2025 JUDGMENT ITTA.No.88 of 2016 ITTA IS DISMISSED G.dqkN otl [1][ ilc r /4f](:o.,s'-)),.i,21 E{o't -t..\O5s [paTCH]gO