Itta/1/2016 Of The Commissioner Of Income Tax (Central), Visakhapatnam v. Shri Gadiraju Venkata Subba Raju, Hyderabad
High Court
23 Oct 2019 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/1/2016 Of The Commissioner Of Income Tax (Central), Visakhapatnam v. Shri Gadiraju Venkata Subba Raju, Hyderabad
Date of order
23 Oct 2019
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itta/1/2016 Of The Commissioner Of Income Tax (Central), Visakhapatnam v. Shri Gadiraju Venkata Subba Raju, Hyderabad, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the appeal is dismissed as withdrawn with the liberty aforestated.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HONOURABLE SRI JUSTICE C.PRAVEEN KUMAR AND
THE HONOURABLE SRI JUSTICE CHEEKATI MANAVENDRANATH ROY
I.T.T.A.No.1 of 2016
JUDGMENT:- (Per Hon’ble Sri Justice C.Praveen Kumar)
Learned Standing Counsel for the Income Tax Department would submit that in terms of Central Board Direct Taxes Circular No.17 of 2019, dated 08.08.2019, all appeals where the tax effect is below Rs.1,00,00,000/- are required to be withdrawn and as the value of the present appeal is less than Rs.1,00,00,000/-, the appellant may be permitted to withdraw the appeal. Learned counsel would further submit that liberty may be granted in case it were to be found later that the subject matter of the appeal falls within the exceptions mentioned in the circular issued by the Central Board to file an application for restoration of the appeal.
2. Accordingly, the appeal is dismissed as withdrawn with the liberty aforestated. There shall be no order as to costs.
Miscellaneous petitions pending, if any, in this appeal shall stand closed.
______________________
JUSTICE C.PRAVEEN KUMAR
__________________________________
JUSTICE CHEEKATI MANAVENDRANATH ROY
THE HONOURABLE SRI JUSTICE C.PRAVEEN KUMAR AND
THE HONOURABLE SRI JUSTICE CHEEKATI MANAVENDRANATH ROY
I.T.T.A.No.1 of 2016
Date : 23.10.2019
Pab
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.