Itta/94/2017 Of Commissioner Of Income Tax-Ii, Hyderabad v. Gland Pharma Ltd. Hyderabad

, HIGH COURT FOR THE STATE WEDNESDAY,THE NINTH TWO THOUSAND AND TWENTY PRESENTTHE HONOURABLE SRI JUSTICE [P.SAM KOSHY]AND THE HONOURABLE SRI JUSTICE INCOME TAX TRIBUNAL AP [NO: 94 OF ][2017] lncome Tax Tribunal Appeal [Under Section ][2604 ][of ][the ][lncome Tax ][Act,1 ][961]against the order dated [28.02.2007 passed ][in ] [No.953/HYD/2003 ][for ][the]Aisessment [year ]['1999-2000 ][on the file ][of ][the ][lncome Tax ][Appeltate ][Tribunal,]Hyderabad Bench ['A', ]Hyderabad. Between:COMMISSIONER OF [TAX-Il, ][HYD, ][Hvderabad]ANDGLAND PHARMA LTD. HYDERABAD, [6-3-862' Ameerpet, Hyderabad'] ...APPELLANT ...RESPONDENT Counsel for the Appellant:Ms. [J.Sunitha ][for ] [K. ][MAMATA CHOUDARY' Sr']Standing Counsel for [lT DePt.]Counsel for the Respondent: The Court made the following: THE HON,BLE SRI JUSTICE ]I.SAM .KOSHYAND THE HON'BLE SRI JUSTICE NARSING RACI NANDIKONDA INCOME TA}( TRIBUNAL APPEAI, No.9.i OF 2O17 JUDGMENT: (per llcn ble Sti Justice [P.Sam Kosh,r)]Llea.r* lrt s. -i. Sur^-'-Lra, lczlr aeC ['-'1. ]iarr:ri g [--cur ]sel -o; incolrre Tax,appearing np- [heh2lF ]6f the appellant. 2. The irrstant appeal under Ssi.ion 2(Ah of ti-te Income Tax Act,1961 , has been prelerred by the Rei.'enue z s the [.i ]"pellant against theorder datr.c 2e.aa.2CJ7 p:rsli.d b1,, tl-c Irr:r, m: Ta, 1\itpellaic Tribunal,Hyder;.,.bac '4" Bench, Hyderabad. [rn ]I.T 1..No.9l; ilHyd/2OO3 for theAssess rner--..' i,:lt; 7 )cj)'2C C:4. 3. Centrai R:rrrci oi Dire:t l-axt:s (CRD'|) [j-ras ]is ; -rr:d Circular No.9 of2024 d-,:.Led ','7.J').2024-, arne;:rding lhe Dre [, ]ious [(i ]:cuia; [j\io.5 ]of [2O24]dated 15.03.2A)..., [L,:y ]fultner e;ltrarie iug t.' : [;ior: ][r ][yri-v ]iiurits [for ]lilingappeals h-,- the litc\;mr, T.r:. -L'D:., li1 a1l [L.,t ]fti: [i.re ]income [Tax]Appell.rrc [-)-ibrrr ]r1s, [, ]{igir Couris :rir,l Sucr :rr: Cc tt't as a mcasttre forreducirrg li'i1;;r1., l. Ii, i,:r cagrarrl'r 2 c,f t'.7. :;aid Ci-culer:, [rve ]hnd thatthe monetary [l:i-iit- ]fi-r:ed for iiiin5l :r.l ar,pc befcr:: [th.e ]High Court isRs.2.00 crore. P3Ee 2 of 3 - -4. In the instant zrpoeai. tax eii:ci is well below the monetary 1imit. 5. Therelbre, the rppeal fileci b-r'the ricvcnue is disrrissed in termsof the aforesaid Cilc ular No.9 ot 2O?-a darcd 17.O9.'2A24. However, ifthe appeal comes [,.n'ithin ][.-he ]exce ption of Circular No.S of 2024, itwould be open to rtLe Income Tax Department to seek revival of theappeal. No costs. 6. As a sequel, rniscellaneous applicaticns pending iI any, shallstand closed. sd/-I. NAGA OINT REGISTRAR //TRUE SECTION [R] To, The lncome [Tax Appellate ][Tribunal' ][Hyderabad ][Bench ]['A" ][Hyderabad'] 12One CC [to ][SMT. ] [CHOUDARY' ][Advocate ] 2One CC [to ][SMT. ] [CHOUDARY' ][Advocate ] 2 One CC [to SRl. ] [VASANTKUMAR Advocate ][ ] J 4Two CD [CoPies] TPK/ghw HIGH COURT DATED:09104t2025 JUDGMENT lTTA.No.94 ot 2017 ITTA IS DISMISSED G*dA IFo7o()'t21tuEMC. l,*=: [/']sr4I crrt-D* ./)/