Itta/94/2022 Of Commissioner Of Income Tax-Ii v. M/S. Andhra Pradesh Mineral Development Corporation Ltd

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD THURSDAY, THE TWENTY FOURTH DAY OF AUGUSTTWO THOUSAND AND TWENTY THREETWO THOUSAND AND TWENTY THREE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE LAXMI NARAYANA ALISHETTY INCOME TAX TRI BU NAL APPEAL No: 94 OF 2022 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 'A' Hyderabad, in ITA No.1001/Hyd/2006, for Assessment Year 2003-2004dated:24-09-2009 preferred against the Order of the Office of the Commissioner oflncome Tax, (Appeals)-lll, Hyderabad, lTA.No.335/AV 2(3yClT (A)-lll/05-06,dated:23-08-2006, preferred against the Order of the Assistant Commissioner oflncome Tax, Circle -2(3), Hyderabad, P.A.N / G.l.R No. T-72i AAACT7391N, dated'18-01-2006. Between: Commissioner of lncome Tax-ll, HYDERABAD ...Petitioner AND M/s. Andhra Pradesh Mineral Development Corporation Ltd., C/o. M. BhaskaraRao & Co., Chartered Accountants, 503, Golden Green Apartments, ErramanzilColony, Hyderabad-O82.Rao & Co., Chartered Accountants, 503, Golden Green Apartments, ErramanzilColony, Hyderabad-O82. ...Respondent Counsel for the Appellant: M/S K. MAMATA, SC FOR lT DEPARTMENT Counsel for the Respondent: Mr. SRINARAYAN, Learned Counsel representingMr. AV.A. SIVA KARTIKEYA The Court delivered the following: JUDGMENT T]IE HON'BLE SRI JUSTICE P.SAM KOSITYAND THE HON'BLE SRI JUSTICE LAXMI NARAYI\NA ALISH]9T,TY I.T.T.A. No.94 of 2022 JUDGMENT: (per t on'ble Si Jtt-str.e P.S,4]}, KoSI{Y,/ Heard Ms. K. Mamata, learned Senior Standing Cou::sel appearing forthe appellant anc Mr. Srinarayan. learned Counsel represer tini] Mr. A.V.A.Siva Kartikeya, le rrned counsel appearing for the respondent. 2. Considerin i the submission made by learned coun sel for theappellant, we finc that the question of law proposed to be acjudicated uponin the instant ap1rc;rl was so far as the grant of deduction of cc,mpensationpaid to the residents as palt of clearance from d;mger zcne around themining area to a tune of Rs.92,83,934 /-, as r?venu{r expenditure isconcerned. 3. Central Bo rrd of Direct Ta-xes (CBDT) has issued [tlircular ]No. 17 of2019 dt.08.O8.2O t9, had hxed the monetary limit for challengirrg the orderpassed by the Inc, rme Tax Appellate Tribunals at Rs. I .00 cro re and above. 4. Considerinlgthe issue raised by the appellant in the instant case, it isapparent that th: arnount involved in the preser:t appeal il; less thanmonetal/ Iimit prescribed vide aforesaid circular of the CBI)T ;.e. CircularNo. 17 of 2O 19 dt.(18.08.20I9. 5. In view of [r ]he same, the present appeal stanrls rejr:cted only on theground of it bein11 below the monetary limit as per the afo:'eseLid circular.However, if the issue raised b1- thc appellant in thr instanl ap,peal comes within the exception under paragraph l0 of Circular No.3 of 201g, it wouldbe open to thc Income Tax Dep;rrtment to seek revivai of . the appeal. Noorder as to costs. 6Consequently, miscellaneous petitions pencling, if any, shall standclosedclosed SD/- B.S,CHIRANJEEVIJOINT REGISTRAR-@*-='SECTION OFFICER //TRUE COPY// To, 1.The lncome Tax Appellate Tribunal, Hyderabad Bench 'A' Hyderabad.2.The Commissioner of lncome Tax , (Appeals)-lll, Hyderabad.2.The Commissioner of lncome Tax , (Appeals)-lll, Hyderabad. 3.The Assistant Commissioner of lncome Tax, Circle -2(3), Hyderabad.4.One CC to tvl/s. K. [/amata, SC FOR lT DEPARTMENT 5.One CC to Sri A.V.A. Siva Kartikeya, Advocate 6.Two CD Copies kamtJPN, HIGH COURT DATED:24l08t2023 JUDGMENT lTTA.No.94 tl'2022 ITTA IS RE.IECTED @l^,'>ulq\t*' "r5=;\I())$1 [ffil ][tu];)]\t^s//\:'/