Itta/126/2019 Of Prinicipal Commissioner Of Income Tax v. Bandaru Lakshmi Narayana

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI FRIDAY, THE THIRTEENTH DAY OF DECEMBERTWO THOUSAND AND TWENTY FOUR PRESENTHONOURABLE SRI JUSTICE G.NARENDARANDHONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL NO: 126 OF 2019 AppealfiledunderSection 260 Aof theIncomeTaxAct,1961praying that the High Court may be pleased to allow the appeal by dulysettingasidetheOrderdated26-09-2018passedinI.T.ANo.1352/Hyd/2016(Assessmentyear2009-2010)bytheIncomeTaxAppellate Tribunal, Hyderabad Bench-B, Hyderabad, filed challenging theOrder dated 12-07-2016 passed in ITA No.0360/CIT(A),Knl/2014-15, by theCommissioner of Income Tax (Appeals), Kurnool, which filed against theOrder dated 14-02-2014 passed U/s. 143(3) read with[Section][ 147][ of][ the]Income Tax Act,1961(Assessment year 2009-2010) bytheAssistantCommissioner of Income Tax, Circle-1, Anantapur. Between: Principal Commissioner of Income Tax, Kurnool Charge, MVP Complex,D.No.43-128-3, Prakash Nagar, Kurnool-518001. ...APPELLANT AND BandaruLakshmiNarayana,Prop:M/s.SiddivinayakaaTransport,D.No.2-95,ChukkaluruVillage,Tadipatri, Anantapur-515411.[PANNO.ADWPL9698Q] ...RESPONDENT Counsel for the Appellant: SRI B NARASIMHA SARMA(SENIORSTANDING COUNSEL FOR INCOME TAX DEPARTMENT) Counsel for the Respondent: The Court made the following JUDGMENT: THE HON’BLE SRI JUSTICE G.NARENDARANDTHE HON’BLE SRI JUSTICE T.C.D.SEKHAR I.T.T.A. No.126 of 2019 JUDGMENT:- (per Hon’ble Sri Justice G.Narendar) The learned counsel for the appellant-Department prays[leave][ of]the Court to withdraw the instant appeal, asit fails below the monetarylimits (i.e. Rs.2 Crores) fixed by the Board, vide[Circular][ No.09/2024][ in]F.No.279/Misc./M-74/2024-ITJ, dated 17.09.2024.The[learned][ counsel]for the appellant hasalsofiledinto Court a copyofthecertificatereceivedfromtheAssistantCommissionerofIncome-Tax,Circie-1,Kurnool,whichcontainsinstructionsto withdrawthe appealfortheaforementioned reason. 2)The submission of the learned counsel for the appellant is placedon record.Leave granted. 3)Accordingly, the appeal is dismissed as withdrawn.[No][ order][ as][ to]costs.costs. Consequently, miscellaneous petitions, pendingif any,[shall][ stand]closed.SD/- P.VENKATA RAMANA JOINT registrar //true copy// SECTION OFFICER To, Tax Appellate1. The IncomeHyderabad. Tribunal, Hyderabad Bench-B, 2. The Commissioner of Income Tax (Appeals), Kurnool. 3.The Assistant Commissioner of Income Tax,Circle-1, Anantapur, Kurnool District. 4.One CC to Sri B Narasimha Sarma Advocate 5. Three CD Copies BSV TAC HIGH COURT DATED: 13/12/2024 JUDGMENT ITTA.No.126 of 2019 I01 APR 2025 m^ . Current Section DISMISSING THE ITTA AS WITHDRAWNWITHOUT COSTS