Itta/140/2003 Of Commissioner Of Income Tax v. Challa Eswar Reddy
High Court
16 Sep 2014 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/140/2003 Of Commissioner Of Income Tax v. Challa Eswar Reddy
Date of order
16 Sep 2014
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/140/2003 Of Commissioner Of Income Tax v. Challa Eswar Reddy, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
THE HON’BLE SRI JUSTICE L.NARASIMHA REDDY
AND
THE HON’BLE SRI JUSTICE CHALLA KODANDA RAM
I.T.T.A.No.140 of 2003
JUDGMENT:(Per the Hon’ble Sri Justice L.Narasimha Reddy)
This appeal, at the instance of the Revenue, is preferredagainst the order, dated 19.11.2001, passed inI.T.A.No.800/Hyd/1996, by the Hyderabad Bench ‘A’ of the IncomeTax Appellate Tribunal.
When the matter is taken up for hearing, learned SeniorStanding Counsel, in all fairness, stated that the tax impact, in thiscase, is below the limit stipulated by the Government under Section268A of the Income Tax Act.
Hence, the appeal is dismissed. There shall be no order as tocosts.
The miscellaneous petitions filed in this appeal shall alsostand disposed of.
____________________
L.NARASIMHA REDDY, J.
_____________________
CHALLA KODANDA RAM, J.
Date:16.09.2014
GJ
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.
EaseValue