Case LawHigh Court › Itta/165/2017 Of The Commissioner Of Inc...

Itta/165/2017 Of The Commissioner Of Income Tax, Vijayawada v. M/S. Agri Gold Foods And Farm Products Ltd., Vijayawada

High Court 17 Jun 2022 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/165/2017 Of The Commissioner Of Income Tax, Vijayawada v. M/S. Agri Gold Foods And Farm Products Ltd., Vijayawada
Date of order
17 Jun 2022
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Itta/165/2017 Of The Commissioner Of Income Tax, Vijayawada v. M/S. Agri Gold Foods And Farm Products Ltd., Vijayawada, the High Court (2022) dismissed the appeal. The decision went in favour of the assessee.

Decision: Accordingly, this Appeal is dismissed as withdrawn with the liberty sought for.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HON'BLE SRI JUSTICE A.V.SESHA SAI AND HON’BLE SRI JUSTICE RAVI NATH TILHARI I.T.T.A.No.165 of 2017 ORDER:-(Per AVSS,J) Smt.M.Kiranmayee, learned Standing Counsel for the Income Tax Department would submit that in terms of Central Board Direct Taxes Circular No.17 of 2019, dated 08.08.2019, all appeals where the tax effect is below Rs.1,00,00,000/- are required to be withdrawn, and as the value of the present appeal is less than Rs.1,00,00,000/-, the appellant may be permitted to withdraw the appeal. The learned counsel would further submit that liberty may be granted, in case it were to be found later that the subject matter of the appeal falls within the exceptions mentioned in the circular issued by the Central Board to file an application for restoration of the appeal. Accordingly, this Appeal is dismissed as withdrawn with the liberty sought for. There shall be no order as to costs of the Appeal. As a sequel, interlocutory applications pending, if any, in this appeal shall stand closed. __________________________ JUSTICE A.V.SESHA SAI _______________________________ JUSTICE RAVI NATH TILHARI VSL HON'BLE SRI JUSTICE A.V.SESHA SAI AND HON’BLE SRI JUSTICE RAVI NATH TILHARI I.T.T.A.No.165 of 2017 Date: 17.06.2022
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