Commissioner of Income Tax V. Society for Integrated Development in Urban AND Rural Areas

ITTA/312/2007

AI Insights

This case involves an appeal by the Commissioner of Income Tax, Circle 4 (2), Hyderabad against the order of the Income Tax Appellate Tribunal, Hyderabad Bench 'B', which was in favor of the Society for Integrated Development in Urban & Rural Areas (SIDUR). The appeal was under Section 260A of the Income Tax Act, 1961, concerning the assessment year 1997-98. The primary legal issue was whether the tax effect in the case warranted an appeal to the High Court, given the monetary limits set by recent circulars aimed at reducing litigation. The court found that the tax effect was below the threshold of Rs. 1.00 crore, as specified in the circulars, leading to the dismissal of the appeal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 737645 (HC-TELANGANA)
• Appeal Type: Others
• Pronouncement Date: 09-08-2023
• Assessment Year: misc
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Respondent
• Court: HIGH COURT
• Department Lawyers: K RAJI REDDY
• Assessee Lawyers: S R ASHOK
• Keywords: Appeal; Dismissal; Income Tax; Monetary limit
• Section: 260A

Judgement Text

"[ 3386 ] IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD WEDNESDAY, THE NINTH DAY OF AUGUST TWO THOUSAND AND TWENTY THREE PRESENI THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE LAXMI NARAYANA ALISHETTY INCOME TAX TRIBUNAL APPEAL No: 312 OF 2007 lncome Tax Tribunal Appeal Under Section 260A of the lncome Tax Act, 1961 arising out of the order of the lncome Tax Appellate Tribunal, Hyderabad Bench 'B', Hyderabad in ITA No.683/Hydl20O1, Assessment Year: 1997-98, dated 27 -12-2OO2 preferred against the Order of the Commissioner of lncome Tax , (Appeals)-|, Hyderabad, Appeal No.2/TilDC.4(2)lcft(A)-ll00-01 dated:12-11-2OO1 preferred against the Order of the Deputy Commissioner of lncome Tax, Hyderabad, PAN No.S-181, GIR No.V-24 dated 30-03-2000. Between: Commissioner of lncome Tax, Circle 4 (2), Hyderabad ...APPELLANT AND Society for lntegrated Development in Urban & Rural Areas (SIDUR), 144l2Rf , Vijayanagar Colony, Hyderabad. ...RESPONDENT Counsel for the Appellant: SRI S.R. ASHOK Counsel forthe Respondent: SRI K. RAJI REDDY The Court delivered the following: JUDGMENT I T]I{I HON'BLE SRI JUSTICE P.SAM KOSITY AND THE HON'BI E SRI JUSTICE LAXMI NARAYAN A ALII;II:ETTY I.T.T.A. No.312 of 2Oo7 JUDGMENT:p er I iorl 'L Sri Justice P.SAM KOSHY) Heard Sri i. i. Ashok, learned counsel for t:,, appellarrt and Sri K. Rr,gi R d 1y, Iearned counsel for the respolrclen._. 2. This a:rpea under Section 260,4 of the lnc,t.l: ,l,a_x Act. 196 1 , has ltec n p referred by, the Revenue as t_l1,. al)pellant against thc ordt - dt.27 .)2.2002 passed by the Ir:corne Tax Appellate Tribur a , H1'derabad Bench ,8,, H5.a' l I i I I I I I i I I I "