Itta/133/2018 Of The Pr. Commissioner Of Income Tax v. M/S New Stat Iron Scrap Mart

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT HONOURABLE SRI JUSTICE G.NARENDARANDHONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.133 of 2018 Appeal under Section 260 A of Income Tax Act, aggrieved by the orderdated 20.01.2017 in I.T.A.No.56A/izag/2013 (Assessment year 2008-09) beforetheHon'bleIncomeTaxAppellateTribunal,VisakhapatnamBench,atVisakhapatnam and preferred against the order of the Commissioner of IncomeTax(Appeals),Vijayawada,dated09.11.2012bearingAppealNo.348/CIT(A)A/JA/10-11andpreferredagainsttheorderoftheDeputyCommissionerofIncome-TaxOfficer,Circle-1(1),VijayawadainPAN/GIR.No.AAFFN8518F/A.Y.2008-09/ACIT/Circle-1(1)/Vijayawada,dated29.12.2010. Between: The Principal Commissioner of Income- Tax, Vijayawada. ...Appellant/ Appellant AND M/s.New Star Iron Scrap Mart, 12-3-35, Peena Mohammed Street, Tarapet,Vijayawada. ...Respondent/ Respondent Counsel for the Appellant: Sri J V Prasad (SC for Income Tax) Counsel for the Respondent: None Appeared The Court made the following: JUDGMENT APHC010790182017 IN THE HIGH COURT OF ANDHRASMSPRADESHAT AMARAVATI (Special Original Jurisdiction) [3507] TUESDAY ,THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARTHE HONOURABLE SRI JUSTICE T.C.D.SEKHARINCOME TAX TRIBUNAL APPEAL NO: 133/2018 Between: The Pr. Commissioner Of Income Tax ...APPELLANT AND M/s New Stat Iron Scrap Mart ...RESPONDENT Counsel for the Appellant: 1.J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1. To The Court made the following: (per Hon ble Sri Justice G Narendar) 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 stakesinvolvedarelessthanRs.2 Crores and hence, he prays leave of the Court to withdrawthe appeal. 2.Submission is placed on record. 3.Accordingly,the appealis dismissedas withdrawn.Nocosts.costs.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. SDI- E KAMESWARA RAOJOINT REGISTRAR //TRUE COPY// SECTION OFFICER 1. The Income Tax Appellate Tribunal, Visakhapatnam[Bench,][ at]Visakhapatnam.Visakhapatnam. 2. The Commissioner of Income Tax (Appeals), Vijayawada,[Krishna][ District.] 3. The Deputy Commissioner of Income-Tax Officer, Circle-1[(1),]Vijayawada, Krishna District.Vijayawada, Krishna District. 4.One CC to Sri J V Prasad (SC for Income Tax), Advocate 5.Three CD Copies HIGH COURT TK DATED:19/11/2024 JUDGMENT ITTA.No.133 of 2018 I0 6 MAR ?n?5gCurrent Section DISMISSING THE ITTA AS WITHDRAWN