Itta/157/2005 Of M/S. Aldec Corporation v. The Assistant Commissioner Of Income Tax

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD TUESDAY, THE TWENTY SECOND DAY OF AUGUSTTWO THOUSAND AND TWENWTHREE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHYANDTHE HON'BLE SRI JUSTICE LAXMI NARAYANA ALISHETTY l.T.T.ANo: 157 of 2005 lncome Tax Tribunal Appeal Under Section 260-4 of the lncome Tax Act,1961against the order of the lncome Tax Appellate Tribunal, Hyderabad Bench 'A',Hyderabad in ITA No.946/Hyd/1995, for assessment Year 1989-90 dated 30-12-2004, preferred against the Order of the Commissioner of lncome Taxagainst the order of the lncome Tax Appellate Tribunal, Hyderabad Bench 'A',Hyderabad in ITA No.946/Hyd/1995, for assessment Year 1989-90 dated 30-12-2004, preferred against the Order of the Commissioner of lncome Tax(Appeals), Hyderabad Appeal No.861/AC 3-zlclT AC/94 95, dated 27-03-1995,preferred against the Order of the Assistant lncome Tax. Hyderabad PAN/GIR No.A-327 , dated: 28-3-94. Between: M/s. AldecCorporation, 7-2-1668, Sanathnagar, Hyderabad - 500 018Representedby its Partner Mr. Harish Asar, S/o. V.P. Asar, aged 43 years. ...APPELLANT/Appel lant AND The Assistant Commissioner of lncome Tax, Circle - 3(2), Hyderabad. ...RESPONDENT/Respondent l.A NO: 1 OF 2006(ITTAMP. NO: 41 OF 2006) Petition under Section 151 CPC praying that in the circumstances stated inthe affidavit filed in support of the petition, the High Court may be pleased that therecovery of interest amount Rs. 1,80,910/- levied under Section 220(2) of thelncome Tax Act, 1961 for the assessment year 1989-90 be stayed pending thedisposal of the appeal. Counsel for the Appellant: SRI S. RAVI Counsel for the Respondent: SRI K. RAJI REDDY(SENIOR SC INCOME TAX DEPT) The Court made the following: ORDER HONOURABLE SRI JUSTICE P.SAM KOSHYANDHON'BLE SRI JUSTICE LAXMI NARAYANA ALISHETTY r.T.T.A.NO.157 0F 200s ORDER: (per Hon'bte Sri Justice P.Sc,m Rosllg) Learned counsel Sri S.Ravi for the petitioner prays to \rithdraw the Appeal As prayr:d for, Appeal stands dismissed as withdrawn. There shall be no orcler as to costs. Pending miscellaneous applications, il any, shall stand closed. //TRUE COPY// Sd/. B.S. CHIRANJEEVIJOINT REGISTRAR SECTION OFFICER To, '1 . The lncome Tax Appellate Tribunal, Hyderabad Bench ,A,, Hyderabad. The lncome Tax Appellate Tribunal, Hyderabad Bench ,A,, Hyderabad 2. The Commissioner of lncome Tax (Appeals), Hyderabad. 3. The Assistant Commissioner of Circle-3(2), 4rh Floor, Ayakar Bhavan,Hyderabad.Hyderabad. 4. One CC to SRI S. RAV|, Advocate [OpUC] 5. One CC to SRt. K RAJ| REDDY(SEN|OR SC TNCOME TAX DEpr) tOpUCl 6. Two CD Copies kam HIGH COURTDATED:2210812023 ORDERlTTA.No.157 of 2005 THE APPEAL ISDISM!SSEDAS WITHDRAWN Ji'iir"[:l ][f,\'l.C][ o]A):li.r?ffio14 [sE]_t^++n DESprrlc,