THE PRL.COMMISSIONER OF INCOME TAX-4 V. PEGASYSTEMS WORLD WIDE INDIA PVT LTD.,

ITTA/524/2016

AI Insights

The case involves an appeal by the Principal Commissioner of Income Tax-4, Hyderabad against an order from the Income Tax Appellate Tribunal, Hyderabad Bench 'B'. The appeal was related to the assessment year 2010-2011. The core issue was the monetary limit for filing appeals set by the Central Board of Direct Taxes (CBDT) to reduce litigation. The court referenced Circular No.9 of 2024, which amended previous circulars by setting a monetary limit of Rs. 2.00 crore for appeals to the High Court. Since the tax effect in this case was below the specified limit, the appeal was dismissed.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 699111 (HC-TELANGANA)
• Appeal Type: Others
• Pronouncement Date: 14-02-2025
• Assessment Year: misc
• Laws Referred To: Income-Tax Act, 1961
• Result in Favour of: Others
• Court: HIGH COURT
• Department Lawyers: A V RAGHURAM
• Assessee Lawyers: B SAPNA REDDY
• Keywords: Appeal; Dismissal; Income Tax; Monetary limit
• Section: 260-A

Judgement Text

"134471 IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY, THE FOURTEENTH DAY OF FEBRUARY TWO THOUSAND AND TWENTY FIVE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE NARSING RAO NANDIKONDA ITTA No: 524 of 2016 Appeal filed under Section 260(A) of the lncome-Tax Act, 1961, against the order dated 16-10-2015 passed in lTA.No.1758lHydl2014 for the assessment year 2O1O-2011 on the file of the lncome Tax Appeltate Tribunal Hyderabad Bench 'B', Hyderabad. Between: The Prl. Commissioner of lncome Tax-4, Hyderabad ...AppellanURespondent AND 3::^?f,tff5i%'|.,ffiit#33J!: \" Pvt Ltd ' DLF cvbercitv' 3'd rroor' Brock No 2' ...RespondenUAppella nt Counsel for the Appellant: Ms. B. Sapna Reddy, Juriior Standing Counsel representing Mr. J.V. Prasad, Senior Standing Counsel for lncome Tax Department Counsel for the Respondent: Mr. A.V.Raghu Ram, learned counsel representing Mr. Dokuru Prabhakar Reddy The Court delivered the following: JUDGMENT THE HONOURABLE Szu JUSTICE P.SAM KOSHT AND THE I'IOT-oURABLE SRI JUSTICE NARSING RAIC NANDIKONDA ITTA No.524 OF 2016 JUDGMENT iur IIon'ble Sri Justice P.Sam Koshy) Hear,C Ms. B.Sapna Reddy, leamed Junior Standing Counsel represerrting Mr. J.V.Prasad, learned Senior Standing Counsel for the lncome Tax Department for the appellanl and Mr.A.V.Rarghu liarn, learned counsel, representing Mr. Dc,kuru Prabhakar Reddr'. Iearned counsel for the respondent. Perused the record 2. This appeal under Section 260,4. of the Income Tar. Act, 1961, has beer pref-erred by the Revenue as the appellant against the crdcr dated 16. 10.2015 passed by the Incomt: Tax Appellate TribLural, Hyderabad Bench 'B', Hyderaba