THE PR COMMISSIONER OF INCOME TAX,HYD V. M/S.HST STEELS PVT.LTD., HYD

ITTA/561/2015

AI Insights

This case involves an appeal by the Principal Commissioner of Income Tax, Central, Hyderabad against the order of the Income Tax Appellate Tribunal, Hyderabad Bench 'A'. The appeal was related to the assessment year 2007-08 and challenged the decision made by the Commissioner of Income Tax Appeals-I, Hyderabad. The core issue in the appeal was the monetary limit for filing appeals set by the CBDT, which the appellant failed to meet. The court's decision to dismiss the appeal was primarily based on procedural grounds concerning the monetary threshold, rather than the substantive issues of the tax assessment itself.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 766563 (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
• Department Lawyers: T V RAMANA RAO
• Assessee Lawyers: J V PRASAD
• Keywords: Appeal Dismissal; Income Tax; Litigation reduction; Monetary limit
• Section: 260A

Judgement Text

"[ 3386 ] IN HIGH COURT FOR THE STATE OF TEI-ANGANA AT HYDERABAD THURSDAY,THE THIRD DAY OF AUGUST TWO THOUSAND AND TWENW THREE PRESENT THE HONOURABLE SRl JUSTICE P.SAM KOSHY AND THE HONOURABLE SRI JUSTICE LAXMI NARAYANA ALISHETTY INCOME TAX TRIBUNAL APPEAL NO: 561 OF 201s (lncome Tax Tribunal Appeal Under Section 260-4 of the lncome Tax Act, against the order of the lncome Tax Appellate Tribunal, Hyderabad Bench ' A ', Hyderabad in ITA No.1913/Hyd12014, for assessment Yeat 2OO7 -2008, dated 30-04-2015, preferred against the Order of the Commissioner of lncome Tax Appeals-|, Hyderabad, ITA No.0275 & 276lCC-5, Hyd/ClT(A)-1113-14114-15 dated 24-10-2014, prefened against the Order of the Assistant Commissioner of lncome Tax Central Circle 5, Hyderabad, PAN/GIR No.A./qACH5922B, dated 07.03.2013) Between: The Pr. Commissioner of lncome Tax, (Central, Hyderabad. ...APPELLANT/APPELLANT AND M/s.HST Steels Pvt.Ltd., (PAN AAACH5992B) Plot.No. 401/A, lDA, Balanagar Hyderabad-500034 ...RESPONDENT/RESPoNDENT Counsel for the Appellant :SRl. J. V. PRASAD (SC FOR INCOME TA, ) Counsel for the Respondent :SRl T. V. RAMANA RAO The Court made the following: l l I i : THE HON'BLE SRI WSTICE P.SAM KOSEY AND THE HON'BLE SRI JUSTICE A. LAXMI NARAYANA I.T.T.A. No. 561 of 2O15 .I@Q!(EN!: fp,, r I'Io n' b te S t. . t t t s tt( e P. sAIfi KOSHY I Heard Sri,J.V.Prasad, learned Senior Standing Counsel appearing for tJrc appellant. '). This appeal undc:- Section 260A ci the lncorri: Tax /rct, 1961. iras been preferred by the llcr-cnuc as rhc appellart agairrst Lhe order dt.30.04.2015 passed bv the l comc 'lax Appellate Tribunal, t{yderabad llencfi 'A' Hydcrabad. rn l.'l'.A.No 19lill1vd/2014 for r:he Assessment Year 2007..o8. 3. Ce:1tra-I Boalcl rrI l)ircct ]':rxc:; (CIll-r'l l hars iss',lsd Clrculclr Nc. ] 7 ol 2019 dt 08 0t1.2019, .r,rcrr.1rrrg thr [)ti. ,ioLts Circular No.3 of 20lg dt.l 1.07.2018 by lurrhcr crrir.rnr rnli lh(. rronctirr-y limits fot filirrg appcals bv the income Ta-r I-)cPartnrcnL i;t lort- rtr(r In(:orno iax Apo.--llate Tribunals- High Courts and Srtpr(:mc (lolrrr as a mcaslrrc lor lcducrng titigation. In paragraph 2 of the -s;rrd (iirt.rriar. ',vr: lind rhar tix rr..)netiiry linl( lixed lbr hhng ;rn appcal beforc- lirc itrglr (.()Lri t ;s r.i:-, I O0 (-rorc. 4 I1r the iltstanl aupcal, rar .:[[ccr rs rvcll tre lorv rt-rc rnonetary J.irnit. 5. l'h.-rcIbrs. thc apl,ciri :iltd b-t rhc l)r:Jra;r;1611i is ilrslnissecl in [<:rms of the aioresaid Ctrc::lar llo.i7 of l0ir) clr.Uti.0lt 20 19. Ljtr! rve:.. il the :rppcal comcs vrithin,thc cxcr-:l:r,,,rr un(lr r piu.irgr.;lirir l0 ol ( iri !lar No.3 ol 20lit. rr, 2 would be open to the lncome Tax Department to seek revival of the appeal No order as to costs Consequently, miscellaneous Petitions pending, if any, shall stand closed 6 Sd/. K. SRINIVASA RAO JOINT REGISTRAR Y:9,' SECTION OFFICER //TRUE GOPY// To, 1. The lncome Tax Appellate Tribunal, Hyderabad Bench ' A \" Hyderabad z. The Commissioner of lncome Tax Appeals-|, Hyderabad' 3. The Assistant Commissioner of lncome Tax Central Circle 5' Hyderabad. 4. One CC to SRl. J. V PRASAD (SC FOR INCOME TAX) IOPUCI 5. One CC to SRl. T. V. RAMANA RAO' Advocate IOPUC] 6. Two CD CoPies DL ' )P'- HIGH COURT OATED:03/08/2023 JUDGMENT lTTA.No.561 of 2015 DISMISSING THE APPEAL x ,9 ,* o v 5TAT 5 qA c) ts [ t$ ,,(O q f c .o i I n:\",r':' "