Itta/164/2018 Of The Prl Commissioner Of Income-Tax v. Sri.lingam Ravindra Rao
High Court
19 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/164/2018 Of The Prl Commissioner Of Income-Tax v. Sri.lingam Ravindra Rao
Date of order
19 Nov 2024
Assessment year(s)
2003-04
Outcome
Dismissed
Case summary
In Itta/164/2018 Of The Prl Commissioner Of Income-Tax v. Sri.lingam Ravindra Rao, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.
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
IN THE HIGH COURT OF ANDHRA PRADESH :: AMARAV
TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR
PRESENT
THE HONOURABLE SRI JUSTICE G.NARENDARANDTHE HONOURABLE SRI JUSTICE T.C.D.SEKHAR
INCOME TAX TRIBUNAL APPEAL No: 164 OF 2018
Between:
The Principal Commissioner of Income Tax, Guntur.
AND
...APPELLANT
Sri Lingam Ravindra Rao, 64-9-2, SBH Complex, Patamatalanka, Vijayawada.
...RESPONDENT
Appeal under section 260A of the Income Tax Act, 1961, againstorderoftheIncomeTax AppellateTribunal,HyderabadBench“B”,Hyderabad in C.O.64/H/2013 in ITA.No.1170/H/2013, Dated[31-05-2016][ for]A.Y.2003-04.
Counsel for the Appellant: SRI. J.V. PRASAD, SC FOR
Counsel for the Respondent: NONE APPEARED
The Court made the following Order:
APHC011366642016IN THE HIGH COURT OF ANDHRAPRADESHAT 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: 164/2018
Between;
The Prl Commissioner Of Income-tax
...APPELLANT
AND
Sri Lingam Ravindra Rao
...RESPONDENT
Counsel for the Appellant:
1. J V PRASAD (SC FOR INCOME TAX)
Counsel for the Respondent:
1.
The Court made the following: (per Hon'ble Sri Justice G Narendar)
The learned counsel for the appellant-Department has fileda memo into Court, including a copy of the circular whereby, theappellant-Department has formulated a litigation policy and underthe said policy,it has been resolved not to initiate any appealsorpetitions, where the monetary stakes involved are lessthanRs.2 Crores and hence, he prays leave of the Court to withdrawthe appeal.
2.Submission is placed on record.
3.Accordingly, the appealis dismissed as withdrawn.Nocosts.
As a sequel thereto, the miscellaneous petitions,if any,pending in this appeal shall stand closed.
SOI- P VENKATA RAMANAJOINT REGISTRAR
//TRUE COPY//
SECJK^r^FFICER
To2 Onl C?nrTf\/ifHyderabad BenchB, Hyderabad.s' ?hrle CD Copied’ ^GLMvna
HIGH COURT
DATED:19/11/2024
ORDER
ITTA.No.164 of 2018
DISMISSING THE ITTAAS WITHDRAWN
1^0^ ANDTy^0 6 MAR 2025tCo^ Current Section ★
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