Commissioner of Wealth-Tax-Vi, Vs Sb. Nageena Begum

¶1

HON’BLE SRI JUSTICE G. CHANDRAIAH

¶2

&

¶3

HON’BLE SRI JUSTICE CHALLA KODANDA RAM

¶4

W.T.A.No. 66 of 2005

¶5

JUDGMENT:- (Per Hon’ble Sri Justice Challa Kodanda Ram)

¶6

Heard Sri S.R.Ashok, learned Senior Standing Counsel for Income-tax and assisted by Sri S.Sashidhar Reddy, learned Standing Counsel for Income-tax for the Revenue and Sri Kasyapa Sastry, learned counsel for the sole respondent.

¶7

This Appeal is filed by the Revenue under Section 27(A) of the Wealth Tax Act, 1957 (for short “the Act”) challenging the order dated 31.10.2002 of the Income Tax Appellate Tribunal, Hyderabad Bench-A, Hyderabad in W.T.A.No.92/Hyd/1997 relating to the assessment year 1990-91.

¶8

Considering the various departmental Instructions issued by the Central Board of Direct Taxes and in the light of Section 268-A of the Income Tax Act, 1961, this Court, by order dated 24.01.2014 in W.T.A.No. 24 of 2004 and batch, took a view that the appeals, where the tax effect is below the monetary limits prescribed in the Instructions, need to be dismissed.

¶9

In the light of the above decision, we see from the order of assessment dated 31.03.1993 that the tax liability was determined at Rs.11,567/-. In view of the negligible quantum of tax liability involved in the present case, we are not inclined to examine the appeal on merits. The appeal is accordingly dismissed. No order as to costs.

¶10

_______________________ G. CHANDRAIAH, J

¶11

24.01.2014

¶12

CHALLA KODANDA RAM, J

¶13

bcj

¶14

HON’BLE SRI JUSTICE G. CHANDRAIAH

¶15

& HON’BLE SRI JUSTICE CHALLA KODANDA RAM

¶16

W.T.A.No. 66 of 2005

¶17

24.01.2014

Commissioner of Wealth-Tax-Vi, v. Sb. Nageena Begum

Case brief

What is this about?

What did the court decide?

Commissioner of Wealth-Tax-Vi, v. Sb. Nageena Begum

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

Similar cases

M/S.National Laboratories Secbad Vs the Income Tax Officer Hyd

State Bank of Hyderabad Vs the Commissioner of Income Tax Hyd.

Commissioner of Wealth Tax.a.P.Hyd. Vs Nb.Moazam Ali Khan

Commissioner of Wealth Tax Vi, Hyderabad Vs Nb.Mir Hasan Ali Khan

The Commissioner of Wealth Tax-Vi Vs Sb. Shareefa Begum

Commissioner of Wealth Tax Vi, Vs Nb. Mir Hussain Ali Khan