Commissioner of Income Tax - I V. M/s. A.P. Industrial Infrastructure Corpn. Ltd.

ITTA/57/2016

AI Insights

This case involves an appeal by the Income Tax Department against the order of the Income Tax Appellate Tribunal, Hyderabad, concerning the assessment year 2003-2004. The appeal was dismissed by the High Court of Telangana due to the tax effect being below the monetary limit prescribed for filing appeals, as outlined in the CBDT Circular aimed at reducing litigation. The court's decision emphasizes the procedural threshold that must be met for an appeal to be considered, focusing on the monetary value of the tax effect rather than the substantive issues of the tax assessment itself.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 720152 (HC-TELANGANA)
• Appeal Type: Others
• Pronouncement Date: 03-08-2023
• Assessment Year: misc
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Others
• Court: HIGH COURT
• Assessee Lawyers: J V PRASAD
• Keywords: Appeal dismissed; Income Tax; Litigation reduction; Monetary limit
• Section: 260A

Judgement Text

"[ 3386 ] IN HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THURSDAY,THE THIRD DAY OF AUGUST TWO THOUSAND AND TWENry THREE PRESENT THE HONOURABLE SRI JUSTICE P.SAM KOSHY THE HoNouRABLE sRr JUS,IE'*r*' NARA'ANA ALT'HET* INCOME TAX TRIBUNAL APPEAL NO: 57 OF 2016 (lncome Tax Tribunar Appear Under section 260-4 of the rncome Tax Act, against the order of the lncorne Tax Appellate Tribunal, Hyderabad Bench , B ,, Hyderabad in lrA No.1472lHydl2o1o, for assessmenr yeat zoo3-2004 dated 22.11.2011 preferred against the order of the commissioner of rncome Tax Appears-rV, Hvderabad, Appear f'lo. S29/AD|r(EH r r/c rr(A)-rvi0g- 1 o dated 1 5.09. 20 1 0, prefened against the order of the Assistant Director of rncome Tax (E)-ilr pAN/GrR NoA.268 dated 31.12.2009.) Between: The Commissioner of Income Tax - l, Hyderabad AND ..APPELLANT/APPELLANT M/s. A.P. lndustriar rnfrastructure corpn. Ltd., parishram Bhavan, gastreerbagh, Hyderabad. ...RESPONOENT/RESPONDENT Counsel for the Appellant : SRl. J. V. PRASAD (SC FOR TNCOME TAX) Counsel for the Respondent: NONE APPEARED The Court made the following: l l I I I I 11 I i I I THE HON'BLE SRI JUSTICE P.SAM KOSITY AND THE HON'BLE SRI JUSTICE A. II XMI NARAYANA I.T.T.A. No. 57 of 2O16 JI,DGMENT (per I l