The Commissioner of Income-tax I, Hyderabad v. A P State Seeds Development Corp Ltd
[Citation -2019-LL-0925-96]

Citation 2019-LL-0925-96
Appellant Name The Commissioner of Income-tax I, Hyderabad
Respondent Name A P State Seeds Development Corp Ltd.
Court HIGH COURT OF HYDERABAD FOR THE STATE OF TELANGANA AND THE STATE OF ANDHRA PRADESH
Relevant Act Income-tax
Date of Order 25/09/2019
Judgment View Judgment
Keyword Tags monetary limit • low tax effect


THE HON'BLE SRI JUSTICE SANJAY KUMAR AND HON'BLE SRI JUSTICE K. LAKSHMAN ITTA Nos.497 and 691 of 2014; 321 and 564 of 2015; 16, 260 and 571 of 2016; 172, 202 and 664 of 2017; 60, 98, 115, 462, 520, 524 of 2018; 18, 83, 141 and 304 of 2019 COMMON JUDGMENT: (Per Hon ble Sri Justice Sanjay Kumar) Mr. K. Raji Reddy, learned senior standing counsel for appellants-Revenue and Mr. J.V. Prasad, learned standing counsel for appellants-Revenue, state that these appeals no longer survive for consideration in view of fact that tax/duty effect is less than monetary limit fixed by Central Board of Direct Taxes, Ministry of Finance, Government of India, vide Circular No.17 of 2019 dated 08.08.2019 and Circular No.23 of 2019 dated 06.09.2019. Liberty is however sought by learned counsel for restoration of appeals in event any of exceptions have application. Recording said statement, these appeals are dismissed as withdrawn with liberty aforestated. Pending miscellaneous petitions, if any, shall also stand dismissed. There shall be no order as to costs. SANJAY KUMAR, J K. LAKSHMAN, J September 25, 2019 DSK Commissioner of Income-tax I, Hyderabad v. P State Seeds Development Corp Ltd
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