The Commissioner of Income Tax-III, Hyderabad. V. R.C.C.Sales Pvt. Ltd.,

ITTA/233/2007

AI Insights

This case involves an appeal by the Commissioner of Income Tax-III, Hyderabad against R.C.C.Sales Pvt. Ltd. concerning the assessment year 1998-1999. The appeal was directed against the order of the Income Tax Appellate Tribunal, Hyderabad, which had earlier upheld the decision of the Commissioner of Income Tax (Appeals-III). The primary legal contention revolved around the interpretation and application of the Income Tax Act, 1961, specifically under Section 260A, which pertains to appeals to the High Court from the orders of the Income Tax Appellate Tribunal. The court's decision to dismiss the appeal was influenced by the monetary limits set for filing appeals, as amended by the Central Board of Direct Taxes (CBDT), which restricts the filing of appeals in tax matters unless the tax effect exceeds a specified threshold.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 720142 (HC-TELANGANA)
• Appeal Type: Others
• Pronouncement Date: 09-08-2023
• Assessment Year: misc
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Others
• Court: HIGH COURT
• Department Lawyers: S RAVI
• Assessee Lawyers: J V PRASAD
• Keywords: Appeal; Assessment year 1998-1999; Commissioner of Income Tax; Income Tax; Income tax appellate tribunal
• 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 PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE A. LAXMI NARAYANA INCOME TAX TRIBUNAL APPEAL No: 233 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 'A', Hyderabad in ITA No.514lHydl2Ol4, for Assessment Year 1998-1999 dated 20-11-2006 preferred against the Order of the Commissioner of lncome Tax , (Appeals-lll), Hyderabad Appeal No.796/DC2(4yClf(A)-lll/02-03 ,dated:29-03-2004 preferred against the Order of the lncome Tax Special Range 6, - Hyderabad, PAN/GlR No.R-76, dated 29-01-2001 . Between: The Commissioner of lncome Tax-lll, Hyderabad. ...APPELLANT AND R.C.C.Sales Pvt. Ltd.,, Plot no.2 and 28, Phase lV, lDA, Jeedimetla, Hyderabad. ...RESPONDENT Counsel for the Appellant: Mr. J.V. PRASAD, Leamed Senior Standing Gounsel appearing for SRI B. NARASIMHA SHARMA, SC FOR lT DEPT. Counsel fcr the Respondent: SRI S. RAVI The Court delivered the following: JUDGMENT t}{E HON'BLE SRI JUSTICE P.SAM KO S}TY AND T,H ) I{ON'BLE SRI JUSTICE A. LAXI 4I NAFA AIIA I.T.T.A. No.233 of 2OO7 .lVO_Q!4EltT,p ( t, ) t t t ) tt, s,r /, /,r (.r p. sAM Kosryl I I Hea |cl Ir,4 I.r/ n Prasrrrl, k:at ncrl Senior Sta;tdrr-r11 (_otrnsel appezring ur-rder Srrc.tion ll(rrlA of thc Inc rnre ,l a, A<:t. 196 l. has I for the apJ,cllirn 2. 'f his rrpp al becn orcl .rrcd l; r. the d1..10.1 L2{)Otr 1 rsseC br Br:rrch 'B', I lr dr a ra,l, in llevcnuc as the appel ant il,silin:j1 ihe order tlrc Incontr' 'fax Appellr tc l'r b.rnal. Hvderabad I.'t'.A.No :;l'a lHydl'2001 i-lr tlrc ,rs;scssmcnt yci I9!r8 9c,t. 3. Cerr t r:Ll E 20 J() fl1.63 g;3. dr. I i.O7 2(. t8. L bv I lrc lncorrrt: T Higlr Court s itnr palzrgraph .l ( )l: t filllr1l .xr appc:. L 4 In th(,inst 5. 'lherl lirr ,: thc ir firrcs;t r, l r- it.r comt s r,l,iLltirr tlre : d of Dirr ct T:urr.s (CBD1') has i;sue,l r LrcrLlar No. l./ of I9. amcrLding thc previous Circular No.3 of 20ig 'urthcr crrhani:irrg lhe monetarJ lillrrl.s for f ling ai)peals x Ditpartni(.Dt bc1i,r.c Lhe Income l.ax i 1 pc11i|C Tribunals, l'ul)reme (lonrt as ,i measure fo . rcdu c.t t1: Iitigatirtn. In t s:rrd (lir i.,-ririr r.vt' llnd lhirt the ronctar , li-l-ltt fixecl for [, r-c thc I.{:i;ir t)ourr is Ils.l O0 cror:,. aDpr:i.I, tirr eflc( t ts ell l)elo v (lLr. rno:t: itrr Limit l( i1pp{tirl iilcd b.,' t}rt l)cpartrnent s clisrti. scr in rr:r_ms of t rr- No l7 rl ,201(_r dr 08.0g.2019. Ilru.e it,r. i- the appeal ')i.e)tio| rr rdcr ]t:rrirLlraplr i(t ol Cirr tla, .io.ii of 20 ltj. ,t t_ 2 would be open to the lncome Tax Department to seek revival of the appeal No order as to costs Consequently, miscellaneous petitrons pending' if any' shall stand 6 closed //TRUE COPY// Sd/-K:SRINIVASA RAO JOINT REGISTRAR SECTIO OFFICER To, kam 1. The lncome Tax Appellate Tribunal, Hyderabad Bench 'A\" Hyderabad' z. fn\" C..rissionei of lncome Tax , (AppealsJll)' Hyderabad' 5. Th\" ln\"o.\" Tax Special Range 6, Hyderabad' -^ ;. O;. CC tO SNI A,.NNRASITM\"HN SHARMA, SC FOR IT DEPARTMENT toPUCl s. bne CC to SRt S. RAVI, Advocate [OPUC] 6. Two CD CoPies HIGH COURT DATED:09108 2023 JUDGMENT !TTA.No.233 ( f 2007 ITTA IS DISMI'JSED $ i:: i* r;:' ;.: . r ,,.' .i i -..:, -' trit!+- /1 t1,.-i+ i , i I i "