The High Court dismissed the income-tax appeal as the value was below the ₹20 lakh monetary limit under Circular No.21/2015, with no applicable exceptions.
The appeal was dismissed on the ground of non-maintainability due to the value being below the limit.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
The Hon’ble Sri Justice C.V.Nagarjuna Reddy
and
The Hon’ble Sri Justice T.Amarnath Goud
I.T.T.A. No.711 of 2017
Dt: 21-11-2017
Between:
The Commissioner of Income Tax, Vijayawada
….Appellant
and
Ratna Constructions
Vijayawada
….Respondent
Counsel for the Appellant: Mr.J.V.Prasad,
Sr.Standing Counsel for IT Dept.,
The Court made the following:
CVNR, J & TAG, J ITTA.No.711 of 2017 Dt: 21-11-2017
2
Judgment: (per Hon’ble Sri Justice C.V.Nagarjuna Reddy)
This Appeal is filed against Order, dated 13-12-2013, in ITA.No.370/Viz/2011 on the file of the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnam.
At the hearing, Mr.J.V.Prasad, learned Senior Standing Counsel for Income Tax Department, submitted that the value of the appeal is below the monetary limit of Rs.20 lakhs as prescribed by the Central Board of Direct Taxes in Circular No.21/2015, dated 10.12.2015.
As this Appeal does not fall within the exceptions indicated in Para 8 of the aforesaid Circular, the same is dismissed.
______________________ (C.V.Nagarjuna Reddy, J)
___________________ (T.Amarnath Goud, J)
Date: 21-11-2017 lur
CVNR, J & TAG, J ITTA.No.711 of 2017 Dt: 21-11-2017
3
1 issue framed by the court
Whether an income-tax appeal where the value is below ₹20 lakhs without exceptions is maintainable?
The Commissioner of Income Tax, Vijayawada
Ratna Constructions, Vijayawada
C.V.Nagarjuna Reddy
T.Amarnath Goud
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
