Dismissed

The Commissioner of Income Ta v. Vs Shri Ghanshyam Pamnani

Telangana HC6 Sept 2023ITTA/769/2017

Case brief

AI extract

What is this about?

The High Court of Telangana, while hearing an Income Tax Tribunal Appeal under Section 260A of the Income Tax Act, 1961, relied on CBDT Circular No. 17 of 2019 regarding monetary limits for appeals filed by the revenue department, and dismissed the appeal filed by the Revenue.

What did the court decide?

The appeal under Section 260A of the Income Tax Act, 1961, is dismissed.

The Commissioner of Income Ta v Vs Shri Ghanshyam Pamnani — Income Tax | Telangana HC (2023)

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[³³⁸⁶ I

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IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD

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WEDNESDAY, THE SIXTH DAY OF SEPTEMBER TWO THOUSAND AND TWENW THREE

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PRESENT

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THE HON'BLE SRI JUSTICE P.SAM KOSHY

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AND

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THE HON'BLE SRI JUSTICE A. LAXMI NARAYANA

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INCOME TAX TRIBUNAL APPEAL No: 769 ot 2Q17

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lncome Tax Tribunal Appeal Under Section 260-4 of the lncome Tax Act, 1961 arising out of the order of the lncome-tax Appellate Tribunal, Hyderabad Bench SMC 'A'Hyderabad, in ITA No.57lHyd/2003, dated 31-08-2007 preferred against the Order of the Commissioner of lncome Tax (Appeals)-l, Hyderabad, ITA No.0468, 0470.O471 & 0478iCC-5, Hyd/ClT (A)-110243, dated:12-11-2003, preferred against the Order of the Assistant Commissioner of lncome Tax, Central Cirlce-S, Hyderabad PAN/GlR No.AEKPP2278RyG-704/CC-5, dated 27 -1 2-2002.

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Between:

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The Commissioner of lncome Tax-V, l.T.Towers, A.C.Guards, Masab Tank, Hyderabad.

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...AppellanURespondent

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ANO

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Shri Ghanshyam Pamnani, Bombay Halwa House, Secunderabad.

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... RespondenUAppellant

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Counsel for the Appellant: SRI J.V. PRASAD, Senior SC lT DEPARTMENT appearing for SRI B. NARASIMHA SARMA

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Counsel for the Respondent: MANJARI S GANU

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The Court delivered the following: JUDGMENT

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,IHE HON'BLE SRI JUSTICE P.SAM KOSITi'

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AND

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THE HON'BLE SRI JUSTICE A. LAXMI NAR.A.Y.rIN,A

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I.T.T.A. No. 769 of 2Ol7

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JUDGIIIENT: lper H(.tr'ble Sn ,Jtl.,tre P.SAM KOSHY)

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Heard Sri J.V.Prasad, learned Senior Standing Counsel a.ppearing for the appellant.

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This appral under Sectron 2604 of the lncome Trx Act. 1961, has been preferred by the Revenue as the appell.rnt aigainst the order dt.31.O8.2007 passed b1' the Income Tax Appellate Tribu nal, Hyderabad IJench Fi'. Hvderabad. in I.'1.A.No.57/Hyd/2O03 for tJle.{.ssessment years 1988- r998.

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.1. Centra.l llrard of f)irccr Ta.':es (CBDTi has issued Circular No, 17 of 20l9 dt.08-Oii..l0l(r. :rrnerrdrrrp. the previous Cirr-'ula: No.3 of 201a dt.'l 1.07.20 18, bv lrrrthcr t'nhanr r;rg thc rronetar]' limits for iiting appeals bJ, ttre lrrcomc Tr-r Dcpartnrcnt lrctorc the lncome Tax Appeliat.: Tribunals. Iiigh Courts :rrrrl Suprernc Court as a measure for redu:ing litigation. In paragrapl: 2 of the said Cirr:rrla-", we find that the rnonetiu/ lirnit fixed for filil)g r.;n up{)cill I r;ltrrt: lirr' lligh^(,'r;irrr rs Rs.l.0O crore.

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[n the instant appc;lt. tax clfect is well belou'the morrer.a5r limit.

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5 Therefor(-', thc.rpr)(:;rl !ll(-d bv the l)epartment rs disrnis,sed in terms of thc afr>rcsarcl Crr:ular No. l7 -f .],.1 ,(l dt.Ll8 titl.2o r 9. ilower.er, il'the appeai comes r.rithin trrr {'xcepr:rr.r unrt(, pi-r-irgr:}pl. l0 of^(. rrcular i,lcr.!; of 20 t8, it

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would be open to the Income Tax Department to seek revival of the appeal No order as to costs

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