Itta/107/2017 Of The Pr Commissioner Of Income Tax, Guntur v. M/S. G.i. Constructions, Guntur

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARANDTHE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL NO: 107 OF 2017 Appeal under section 260-A of the Income Tax Act, 1961, againstthe orders of the Income Tax Appellate Tribunal, Visakhapatnam Bench,Visakhapatnam,inITA.No.240/Vizag/2012,dated28.01.2016forA.Y.2006-07.Between:The Pr Commissioner of Income Tax, Guntur, ...Appellant ANDM/s. G.l. Constructions, Guntur, 10-2-10, 2nd Lane, Sambasivapet, Guntur. ...Respondents Counsel for the Appellant: SC FOR INCOME TAXCounsel for the Respondents: SRI. G V N HARIThe Court made the following: JUDGMENT /,;•;APHC010011462017iIN THE HIGH COURT OF ANDHRA1‘APRADESH[3507]AT AMARAVATI(Special Original Jurisdiction) TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDAR THE HONOURABLE SRI JUSTICE T.C.D.SEKHARINCOME TAX TRIBUNAL APPEAL No.107/2017 Between: The Pr Commissioner Of Income Tax, Guntur ...APPELLANT AND M/s GI Constructions Guntur ...RESPONDENT Counsel for the Appellant: 1.(SC FOR INCOMETAX) Counsel for the Respondent: 1.G VN HARI The Court made the following: JUDGMENT:- (per Hon’ble Sri Justice G.Narendar) 1.The learned counsel for the appellant-Department has[filed]a memo into Court, including a copy of the circular whereby, theappellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any appeals orpetitions, where the monetary stakes involved are less[than Rs.2]Crores and hence, he prays leave of the Court to withdraw[the]appeal.a memo into Court, including a copy of the circular whereby, theappellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any appeals orpetitions, where the monetary stakes involved are less[than Rs.2]Crores and hence, he prays leave of the Court to withdraw[the]appeal. 2.Submission is placed on record. 3.Accordingly,the appealis dismissedas withdrawn.Nocosts.costs. As a sequel thereto, the miscellaneous petitions,if any,pending in this appeal shall stand closed. //TRUE COPY// SD/- E KAMESWARA RAOJOIN REGISTRAR c/ySECTION OFFICER To, 1. The Income Tax Appellate Tribunal, Visakhapatnam[Bench,]VisakhapatnamVisakhapatnam 2. OneCCtoStanding Counsel for Income Tax 3. One CC to Sri G V N Hari, Advocate 4. Three CD Copies PR HIGH COURT DATED:19/11/2024 ORDER C01 MAR 2025|a.^ . Curreni Secuon^ss£^spatcva55-^ ITTA.No.107 of 2017 DISMISSING THE APPEAL AS WITHDRAWN im