DCIT., CENTRAL CIRCLE-1(3), HYDERABAD vs. C K ENTERTAINMENTS PRIVATE LIMITED, HYDERABAD

PDF

ITA 964/HYD/2025Status: HeardITAT Hyderabad07 November 2025AY 2020-21Bench: us that the tax effect in these appeals are less than Rs.60 lakhs and, therefore, the Circular No.279/Misc./M-74/2024-ITJ, dated 17th September, 2024 issued by the Central Board of Direct Taxes (CBDT) issued in amendment to Circular 5 of 2024 under Section 268A(1) of the I.T. Act comes into play, wherein, the monetary limit for filing the appeals by the Revenue before the ITAT and various High Courts as well as Apex Court are revised with an object of reducing the tax litigation. Vide para 5 pages

AI SummaryDismissed

Facts

The Revenue filed appeals against the orders of the Commissioner of Income Tax (Appeals) for assessment years 2020-21 and 2016-17. The tax effect in these appeals was less than Rs. 60 lakhs, falling below the monetary limit set by CBDT Circular No.279/Misc./M-74/2024-ITJ for filing appeals before the ITAT.

Held

The Tribunal determined that the appeals did not fall under the exceptions specified in CBDT Circular No.5 of 2024 (Para 3.2 and 6.2). Consequently, as the tax effect was below the Rs. 60 lakhs limit, the appeals were dismissed as not maintainable, with the issues left open for examination in appropriate future proceedings.

Key Issues

Whether the Revenue's appeals were maintainable before the ITAT when the tax effect was below the monetary limit prescribed by CBDT circulars, and whether any specified exceptions to these limits applied to the present case.

Sections Cited

268A(1), 158AB

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, Hyderabad “B” Bench, Hyderabad

For Appellant: Dr. Sachin Kumar, Sr.AR

आदेशकी प्रनतनलनप अग्रेनर्त/ Copy of the order forwarded to:-

1. 1. निर्धाररती/The Assessee : C.K. Entertainments Private Limited, H.No.8-2- 293/K/332/G-1, Somanath Residency, Phase-3, Kamalapuri Colony, Hyderabad – 500073. 2. रधजस्व/ The Revenue : The Deputy Commissioner of Income Tax, Central Circle – 1(3), Hyderabad.