The Commissioner of Income Tax(TDS), Hyderabad. V. M/s. NSL Limited

ITTA/806/2006

AI Insights

This case involves an appeal by the Commissioner of Income Tax (TDS), Hyderabad against M/s. NSL Limited concerning an income tax assessment for the year 1993-94. The appeal was directed against the order of the Income Tax Appellate Tribunal, Hyderabad, which had previously addressed the matter. The primary legal contention revolved around the applicability and interpretation of Section 260A of the Income Tax Act, 1961, which governs the powers of the High Court in dealing with appeals from the Tribunal. The court's decision to dismiss the appeal was based on the monetary limit prescribed for such appeals, which was not met in this case.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 731982 (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: CH PUSHYAM KIRAN
• Assessee Lawyers: A RADHA KRISHNA
• Keywords: Appeal; Assessment year 1993-94; Income Tax
• Section: 143(3); 2604

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: 806 OF 2006 lncome Tax Tribunal Appeal Under Section 2604 of the lncome Tax Act, 1961 arising out of the order of the lncome-Tax Appellate Tribunal, Hyderabad Bench ' B' Hyderabad, in ITA No.5BB/Hyd/1996, for Assessment Year 1993-94 dated 3'1-'1-2006 preferred against the Order of the Commissioner of lncome Tax , (Appeals-ll), Hyderabad, Appeal No. 64/lTO-5(9yClT(A)-ll/ Hyd/95-96, dated:18-12- 1995, prefered against the Order of the lncome Tax Officer, Ward-5(9), Hyderabad, No. N-0130-EM.5(9)/Hyd/95-96, dated 31-03-1995. Between: The Commissioner of lncome Tax(TDS), Hyderabad ...APPELLANT AND M/s. NSL Limited, Nagarjuna Hills, Hyderabad-soo 482. ..,RESPONDENT Counsel for the Appellant: Mr. A. RADHA KRISHNA, Learned Senior Standing CounSel appearing for SRI V.R. BADRI, SC FOR INCOME TAX. Counsel forthe Respondent: SRI CH. PUSHYAM KIRAN The Court delivered the following: JUDGMENT IIIE HON'BLE SRI JUSTICE P.SAM KOI;TIY AND TH IION'BLE SRI JUSTICE A. LAXMI NARAI'AIiIA I.T.T.A. No.806 of 2006 JUDGMENT aPr)c:lllnu ,,1 ri Plrclli r l rr 2. This; alrp a undcr Sectior) bct'n pre[L'r-r r:r] I t' thc licvcrrut. f)r / )ir'.)/.-:.S/r.;i/sttc, P.SAM KOSHY) Hcarcl i '. A. Racll.ra Kr-ishna, leamed Scnior. l: an,ling Counsel 260A of the lncomc 'l'it.. .{,tt, 196 1. has dt..l I 0l.2,lOr: ,i. sccl br, lJcnclt Ll'. JIirlr ';L tacl. trr 199:l-(r.+. 3. Cen ral I 20 I(l drUSoE dr. i.0/.10 llt, bt ihc: Irrcomr. 'l Flt git Cour s rrn paragraph -) 1' hling an appci I I 4. Lr tl: c irrs the apltcl an L t, urr:jt th(. order 'lax Appclli Ltc 'li llrnal. I-h'clcrabaci S thc ln c c rir, I T A. ri ;8!i/tlvd/ l9q6 ti)r trr , . ss,,ssmcnt year rr rd ol l)i r.ct 'lrrx,.s (CBDT) has rssrrr:d ( rr.crrl:rr No.l7 o1 l' 19. anir rrclrru tltc llrcvrorrs Cirrrrl:rr tr.3 oI 20ig ' lurthr,L r nlurni.irtrl !lrc r:rotrctirr-v lirnrls r. tilit.rg appeal-s rr Dcpartrrcnl ltcf,rrc tlre Int:omc l.ar , tf,:llatc .l.rjbut.rals. ,lrrprt rrrr' CoLtrt iLS;r filcirsurc [cr rcrlrr- ltg ]rtigation. In r,. saicl Ci:r-Lr j;rr, u<' fincl that the m()ne ir.! I mit fixed for r' rr( th(. I,iglr (lrrrr-r s Ils. LO0 c.ro.c. tr I itpl)rral lar e l-li, t is well bclow the n:.crL. Lr.rrv limil 5 J'her- frrr . l:e :rpp.rrr fftrl ir,' tl.' I)cpirrrmcnt is .ris rri.scc ln lorms of l.ltc irlbrrsaLcl (-1r uii| 1 o 1,/ sl'12()l ) (11.08.0g.20I9 llo.v,r ,l , if thr. .rppoal comcs *'i1h :r rlrr c ;r:.pr i.n trrrlr'r' P r.rgrrrpr-r r0 of cir( arir. No 3 of 20 rg, it 2 would be open to the lncome Tax Department to seek revlval of the appeal No order as to costs 6 Consequently, miscellaneous petitions pending, if any, sha11 stand closed //TRUE COPY// SD/- M. VIJAYA BHASKAR JOINT REGISTRAR (lD SECTION OFFICER To, 1. 2. J 4 The lncome-Tax Appellate Tribunal' Hyderabad Bench ' B' Hyderabad' The Commissioner of lncome Tax ' (Appeals-ll)' Hyderabad' The lncome Tax Officer' Ward-5(9)' Hyderabad' One CC to Sri A' Radha Krishna' Senior Standing Counsel for lncome Tax loPUCl 5. One CC to V.R BADRI' SC FOR INCOME TAX [OPUCI 6. One CC to SRI CH' PUSHYAM KIRAN' Advocate [OPUC] 7. Two CD CoPies kam ?^q, r .: I HIGH COUR'' DATED: 0910il2023 JUDGMENT lTTA.No.806 rf 2006 ITTA !S DISt ISSED ( . i' /,; ,,,.,/ : -S) :) i _-a --- 0., rl -rq-'l kl.)-3 ?12 | "