Itta/112/2015 Of The Commissioner Of Income Tax-Iv v. M/Snmdc Limited
High Court
13 Dec 2021 In favour of: Unclear
Forum / Bench
High Court · taphc
Parties
Itta/112/2015 Of The Commissioner Of Income Tax-Iv v. M/Snmdc Limited
Date of order
13 Dec 2021
Assessment year(s)
2008-09
Outcome
Other
Case summary
In Itta/112/2015 Of The Commissioner Of Income Tax-Iv v. M/Snmdc Limited, the High Court (2021) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT FOR THE STATE OF AT HYDERABAD
MONDAY, THE THIRTEENTH DAY OF DECEMBERTWO THOUSAND AND TWENTY ONE
PRESENTTHE HONOURABLE SRIJUSTICE UJJAL BHUYANANDTHE HONOURABLE SMT JUSTICE P.MADHAVI DEVI
INCOME TAX TRIBUNAL APPEAL NO: 112 OF 2015
Income Tax Tribunal Appeal under Section 260-4 of the lncome Tax Act, 1961,against the order of the lncome Tax Appellate Tribunal, Hyderabad Bench 'B'Hyderabad in ITA No.714lHydl2012 for Assessment Year 2008-09 dated 28102/2014preferred against the order of the Commissioner of lncome Tax (Appeals)-V, Hyderabadin ITA No.0305/JC-16/C|T(A)-V12010-11 dated 08/03/2012 preferred against the orderof the Joint Commissioner of lncome Tax, Range -16, Hyderabad PAN/GIRNo. dated 27 I 1 21201 0
Between:
The Commissioner of lncome Tax-lV, Hyderabad.
...APPELLANT/RESPONDENT
AND
M/s NMDC Limited, Khanjl Bhavan, 10-3-311/A Castle Hills, Masab Tank, Hyderabad
..,RESPONDENT/ APPELLANT
For the Appellant : SRI J.V.PRASAD, SC FOR TNCOME TAX DEPARTMENTFor the Respondent : SRI P.KARTHIK RAMANA, COUNSEL REpRESENTINGSRI,S.OWARAKANATH, ADVOCATE
The Court delivered the following: JUDGIVENT
To
HONO ]ITABLE, [SIII .IUS'IICE ][L]JJAL ][I}HU\ ] ANI)HONOUI [.,{I]LT.] ][SM,t. ][.I ][LIS.f ][ICIi ][I,. ][MAI)TI ] [I)E,\,I]
I.T.T.A.[\o.112 ][o][ F 2015]
.ll [jDGMENTi t ]'tr [1,t,t ][lit.\t ][r.ltrtt., ][l ][t1,,t ][ltltuttn,]
l leartl Mr [LV.Prasad' ][lelrned ][Stancling ][Cotlnscl ][lbr ][the ][appellant-]lncome Tax [D( ][partment ][and ][Mr'P ][Karthik ][ll'anrana" ][learned ][counsel]Mr S.Dwarakanath, [learned ][counsel ][tbr ][the ][respondent-]representtngASSESSCE
2. This appt [al ][by ][the ][revenue ][under ][Section ][2604, ][of ][the ][Income]Tax Act, [196 ][1 ][is ][directed ][against ][the ][order ][of ][the ][Income ][Tax]Appellate [Tribu ][.ral ][in ] [No'714 ][ft1ydl20l2 ][dated ][2S'02 ][201 ][4 ][for ][the]assessment Yeat [2008-09']
3. lt [is ][sub: ][ritted the ][respondent-assessee]has settlecl [the ][lratter]undcr thc [Viva< ][Sc ][Vishuas ][Schcrnc ][rvhich ][has beerr ][apltroved ][by ][thc]lncor.r.rc far [[)e ][rarLtrle ][nt]
4. L-r that icw [ot- ][thc ][rnattcr, appcllant ][secks ][to ][rvithdraw ][the]
appea[.
Appeat i:, [accordingly, ][disposed ][olon ][withdrawal']
5.
Miscellar [eous ][applications, ][il ][any ][pending' ][shall][ stand closed]
6.
No costs
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HIGH COURT
DATED'.1311212021
JUDGMENTITTA.No.'|12 of 2015
46tr;;;,i.10 [2022]j:\ ---:------:-/
DISPOSING [q ][AS WITHDRAWN WITHOUT COSTS']
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