The Commissioner of It (Central) v. M/S. Gvpr Engineers Ltd.
Case brief
What is this about?
ITTA 372 of 2013; High Court for the State of Telangana at Hyderabad; judgment dated 08.07.2025; Justice P. Sam Koshy; Justice Narsing Rao Nandikonda; Section 260A Income Tax Act 1961; Revenue appeal; Commissioner of IT (Central) Hyderabad; M/s. GVPR Engineers Ltd.; Assessment Year 2004-05; ITAT Hyderabad 'B' Bench order dated 29.02.2012; CBDT Circular No.9 of 2024 dated 17.09.2024; CBDT Circular No.5 of 2024 dated 15.03.2024; monetary limit Rs. 2 crore for High Court appeals; tax effect below monetary limit; dismissal of Revenue appeal; revival if within exceptions of Circular No.5 of 2024; no costs; miscellaneous applications closed.
What did the court decide?
Since the tax effect in this appeal is well below the monetary limit of Rs. 2 crore fixed by CBDT Circular No.9 of 2024 dated 17.09.2024 for filing appeals before the High Court, the appeal filed by the Revenue is dismissed in terms of that Circular.