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Itta/11/2022 Of The Prl Commissioner Of Income Tax (Central) v. M/S Khan Mohammed Khan Diamonds And Jewellers

High Court 16 Apr 2025 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/11/2022 Of The Prl Commissioner Of Income Tax (Central) v. M/S Khan Mohammed Khan Diamonds And Jewellers
Date of order
16 Apr 2025
Assessment year(s)
Outcome
Dismissed

Case summary

In Itta/11/2022 Of The Prl Commissioner Of Income Tax (Central) v. M/S Khan Mohammed Khan Diamonds And Jewellers, the High Court (2025) dismissed the appeal. The decision went in favour of the assessee.

Decision: Recording the said submission, the appeal is dismissed as withdrawn.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

APHC010343352021 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3526](Special Original Jurisdiction) WEDNESDAY, THE SIXTEENTH DAY OF APRIL TWO THOUSAND AND TWENTY FIVE PRESENTTHE HONOURABLE SRI JUSTICE NINALA JAYASURYA ANDTHE HONOURABLE SRI JUSTICE TARLADA RAJASEKHAR RAOINCOME TAX TRIBUNAL APPEAL No.11 OF 2022 Between: Principal Commissioner of Income Tax (Central), Visakhapatnam ...APPELLANT AND M/s Khan Mohammed Khan Diamonds and Jewellers ...Respondent Counsel for the Appellant: Mr.ANUP KOUSHIK KARAVADI, Senior Standing Counsel for Income Tax Assisted by Mr.Vamsi Krishna Bodapati Counsel for the Respondent: Mr. DUNDU MANMOHAN The Court made the following JUDGMENT:(per NJS,J) This matter is taken up by way of Lunch Motion on a mention made by the learned counsel, as the Department is seeking permission to withdraw the appeal. Mr.Vamsi Krishna Bodapati, learned Junior Standing Counsel appearing on behalf of Mr.Anup Koushik Karavadi, learned Senior Standing Counsel for the Income Tax Department states that in view of the monetary limits, as per CBIC Circular No.5 of 2024, the Department instructed withdrawal of the appeal. 2. Recording the said submission, the appeal is dismissed as withdrawn. The Certificate, addressed by the Deputy Commissioner of Income Tax, in this regard, is taken on record. No order as to costs. Miscellaneous petitions pending, if any, shall stand closed. ____________________ NINALA JAYASURYA,J April 16, 2025 Ssv ____________________________ TARLADA RAJASEKHAR RAO,J THE HONOURABLE SRI JUSTICE NINALA JAYASURYA ANDTHE HONOURABLE SRI JUSTICE TARLADA RAJASEKHAR RAO INCOME TAX TRIBUNAL APPEAL No.11 OF 2022 Date:16.04.2025 ssv
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