The Commissioner Of Income Tax, Vijayawada v. M/S. Padmavathi Mansion (P) Ltd., Vijayawada

The Hon'ble Sri Justice C.V.Nagarjuna Reddy and The Hon'ble Sri Justice T.Amarnath Goud I.T.T.A. No.700 of 2017 Between:

The Commissioner of Income Tax, Vijayawada ....Appellant and M/s.Padmavathi Mansion (P) Ltd., Vijayawada ....Respondent Counsel for the Appellant:

Mr.J.V.Prasad, Sr.Standing Counsel for IT Dept., The Court made the following:

CVNR, J & TAG, J ITTA.No.700 of 2017 Judgment: (per Hon'ble Sri Justice C.V.Nagarjuna Reddy) This Appeal is filed against Order, dated 29-09-2009, in ITA.No.993/Hyd/2003 on the file of the Income Tax Appellate Tribunal, Hyderabad Bench 'B' (SMC), Hyderabad. At the hearing, Mr.J.V.Prasad, learned Senior Standing Counsel for Income Tax Department, submitted that the value of the appeal is below the monetary limit of Rs.20 lakhs as prescribed by the Central Board of Direct Taxes in Circular No.21/2015, dated 10.12.2015.

As this Appeal does not fall within the exceptions indicated in Para 8 of the aforesaid Circular, the same is dismissed.

______________________ (C.V.Nagarjuna Reddy, J) ___________________ (T.Amarnath Goud, J) Date: 21-11-2017 lur

CVNR, J & TAG, J ITTA.No.700 of 2017