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Itta/142/2024 Of The Pr. Commissioner Of Income-Tax-4 v. M/S Nsl Renewable Power P. Ltd

High Court 30 Jan 2025 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/142/2024 Of The Pr. Commissioner Of Income-Tax-4 v. M/S Nsl Renewable Power P. Ltd
Date of order
30 Jan 2025
Assessment year(s)
2016-17
Outcome
Dismissed

Case summary

In Itta/142/2024 Of The Pr. Commissioner Of Income-Tax-4 v. M/S Nsl Renewable Power P. Ltd, the High Court (2025) dismissed the appeal. The decision went in favour of the assessee.

Decision: In view of the same, the instant appeal stands dismissed as withdrawn.

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 TELANGANAAT HYDERABAD THURSDAY, THE THIRTIETH DAY OF JANUARYTWO THOUSAND AND TWENTY FIVE PRESENT t3447l THE HON'BLE SRI JUSTICE P,SAM KOSHYANDTHE HON'BLE SRI JUSTICE NARSING RAO NANDIKONDA INCOME TAX TRIBUNAL APPEAL No: 142 of2024 Appeal filed under section 2604 of the lncome Tax Act, 196 1 against theorders dated 08-08-2022 passed in l.T.A.No.495/Hyd12021, for Assessment year2016-17 in Bench ['A' ]on the file of the lncome-tax Appellate Tribunal, Hyderabad. Between: The Principal Commissioner of lncomelax-4, Hyderabad. ...Appellant AND M/s NSL Renewable Power P. Ltd, NSL lcon,8-2-68412/4, Road No. 12, BanjaraHills, Hyderabad - 500 034, PAN. ...Respondent Counsel for the Appellant: Ms. B. Sapna Reddy, (SC FOR INCOME TAX)Counsel for the Respondent: Sri A.V. Raghu RamThe Court delivered the following: JUDGMENT TH}- IiON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLT, SRI JUSTICE NARSING RAO NANDIKONDA I.T.T.A.No.l42 ol 2024 JUDGMENT:6per tlott'hb Sri Justice p.SAM KOSHy) Today, when the matter is taken up for hearing, Ms.B.Sapna Reddy,leamed Standing counsel appearing for the appellant prays for withdrawalof the instant appeal tbr the reason that the impugned order under challengehas already been assailed in another appeal i.e., I.T.T.A.No.9I of 2024which already stands admitted.which already stands admitted. 2. In view of the same, the instant appeal stands dismissed as withdrawn. As a sequel, miscellaneous applications pending. if any, shall standclosed. No order as to costs. SD/. K. SRINIVASA RAOJOINT REGISTRAR //TRUE COPY' ST:CTION OFFICER To, 1. The lncome{ax Appellate [Tribunal, ][Hyderabad.] 2. One CC to Ms B Sapna [Reddy, ][(SC ] [INCOME TAX) ] 3. One CC to Sri A [V. ][Raghu ][Ram, ][Advocate ] 4. Two CD Copies kam/ghYr HIGH COURT DATED:3010112025 JUDGMENT lTTA.No.142 of 2024 THE APPEAL ISDISMISSED ASWITHDRAWN .t€dGYk-(ae5 Y.eJ TA TE(q?u520 [t\Ai]i)(_Ct,Frl
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