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Itta/155/2012 Of The Commissioner Of Income Tax v. M/S Subhadarsi Estates

High Court 27 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/155/2012 Of The Commissioner Of Income Tax v. M/S Subhadarsi Estates
Date of order
27 Nov 2024
Assessment year(s)
2005-06
Outcome
Dismissed

Case summary

In Itta/155/2012 Of The Commissioner Of Income Tax v. M/S Subhadarsi Estates, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.

Decision: 2) No costs, Accordingly, the appeal is dismissed as withdrawn.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 OF ANDHRA PRADESH AT AMARAVATI WEDNESDAY, THE TWENTY SEVENTH DAY OF NOVEMBERTWOTHOUSAND AND TWENTY FOUR ^-C-,>On¥ PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARANDTHE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.155 of 2012 Appeal under Section 260 A of Income Tax Act, aggrieved[by][ the]order dated 28-6-2011in I.T.A.No.179A/izag/2010 (Assessment[year][ 2005-]06) before the Hon’ble Income Tax Appellate Tribunal,[Visakhapatnam]Bench,atVisakhapatnamandpreferredagainsttheorderoftheCommissioner of Income Tax (Appeals), Vijayawada, dated[24.12.2009]bearing AppealNo.95/TR/CIT(A)A/JA/09-10 and preferred[against][ the]orderoftheAssistantCommissionerofIncome-Tax,CentralCircle,Vijayawadain PAN/GIR.No. /A.Y.2005-06/ACITA/ijayawada,dated 31.12.2008.Between: The Commissioner of Income Tax, Vijayawada. ...Appellant AND M/s.Subhadarsi Estates, 39-9-1, Sailok Complex, Temple[Street]Labbipet, Vijayawada. ...Respondent Counsel for the Appellant: Sri K Anup Koushik (SC for Income TaxDepartment) Counsel for the Respondent: Sri A V Krishna KoundinyaThe 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.155 of 2012 JUDGMENT:- (per Hon’ble Sri Justice G.Narendar) The learnedcounsel for the appellant-Department has filed aIncome-TaxOfficer,Ward-2(1),certificate,receivedfromtheVijayawada, into Court, whereby, the appellant-Departmentintends tothe monetary stakes involved are lesswithdraw the instant appeal, asthan Rs.2 Crores and hence, he prays[leave][ of][ the][ Court][ to][ withdraw]the appeal. Submission is placed on record. 2) No costs, Accordingly, the appeal is dismissed as withdrawn. 3) petitions, pendingif any, shallConsequently,miscellaneousVENKATA RAMANASD/-PJOINT REGISTRAR stand closed /I^ //true copy//SECTION OFFICERBench, atToTribunal, VisakhapatnamTax Appellate1The Income, Krishna' Visakhapatnam.(Appeals), Vijayawadaof Income Tax2. The CommissionerCentral Circle3 ?he Assistant Commissionerof Income-Tax• Vijayawada KrishnaAdvocate [OPUClTax Department)5. Sn'e Sc lo Sri K Anup Koushik (SC for IncomeAdvocate 6. Three CD CopiesTKvna^^4aim SECTION OFFICER HIGH COURT DATED;27/11/2024 JUDGMENT ITTA.No.155 of 2012 i2 J MaK 20?5ICurreni t^ion. ^ DISMISSING THE ITTA AS WITHDRAWN
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