Itta/166/2018 Of M/S.cyient Limited v. Deputy Commissioner Of Income Tax

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYOERABAD TUESDAY, THE SECOND DAY OF NOVEIVBERTWO THOUSAND AND TWENTY ONE PRESENTTHE HONOURABLE SRI JUSTICE UJJAL BHUYANANDTHE HONOURABLE DR. JUSTICE CHILLAKUR SUMALATHA INCOME TAx TRIBUNAL APPEAL NO: 166 OF 2018 lncome Tax Tribunal Appeal under Section 260-A of the lncome Tax Act, 1961 ,against the order of the lncome Tax Appellate Tribunal, Hyderabad Bench ['A']Hyderabad in ITA No.1450lHydl2013 for assessment [year ]2002-03 dated 25103/2015prefened against the Order of the Commissioner of lncome Tax (Appelas)-lll,Hyderabad ITA No.0062/DCIT 2(1yClT (A)-lll/2005-06 dated 1410812013 [preferred]against the Order of the Deputy Commissioner of lncome Tax, Circle-2(1), [Hyderabad]PAN/GlR No.AAAC144B7J dated 31/03/2005. Between: M/s.Cyient Limited, [(formerly ]infotech Enterprises Ltd.,) [4th ]floor, A [wing, Plot ][No.'1 ]['1 ],Softwire Units Layout, lnfocity, Madhapur, Hyderabad-SO0 [082, PAN- ][rep.]by its Managing Director' B'G'V Krishna ...A',ELLANT/A,'ELLANT AND Deputy Commissioner of lncome Tax, Circle-2 [(1), l.T.Towers, ][[r,4asab ][Tank,]Hyderabad-500 004. ,RESPONDENT/RESPONDENT For the Appellant : SRI S.CHAKRAPANI, REPRESENTING SRI CHALLA GUNARANJAN, Advocate For the Respondent : SMT MAMATHA, SENIOR The Court delivered the following: JUDGMENT HONOURABLE SRI JUSTICE UJJAL BHUYANAND HONOT, RAITLE DR.JUSTICE CHILLAKUR SI-]MALATHAl.T.T.A No.l66 OF 2018 JUDGMENT: Pcr Hctn ble SriJustice [utial ]Bhutw) Heard N{1. S,Chakrapani, learned counsel representingMr.Challa Gunaranjan, leamed counsel for the appellant andMrs.Mamatha, learned Senior Standing Counsel for the Income TaxDepartment lor the respondent. 2. Learned counsel for the appellant submits that appellant hasopted for settlernent under Vivad Se Vishwas scheme. Therefore, interms of the scheme, he is required to withdraw the appeal. Hence,the prayer for withdrawal of the appeal. 3. We grant liberty to the appellant to withdraw the appeal so as topursue the remedy under the Vivad Se Vishwas scheme.4. The appeal is, accordingly, disposed of.5. No costs. Sd/.K.SRINIVASA RAOJOINT REGISTRARl\-/ JOINT REGISTRARl\-/SECTION OFFICER //TRUE COPY// To1.The lncome Tax Appellate Tribunal, Hyderabad ['A' Bench, ][Hyderabad.]2.The Commissioner of lncome Tax [(Appeals)-lll, ][Hyderabad.]2.The Commissioner of lncome Tax [(Appeals)-lll, ][Hyderabad.]2The Deputy Commissioner of lncome Tax, Circle-2(1), [Hyderabad.]4.One CC to Sri Challa Gunaranjan, Advocate [(OPUC)]5.One CC to Smt Mamatha, Standing Counsel [(OPUC)]6.Two CD Copies7.One Spare CopyKj5.One CC to Smt Mamatha, Standing Counsel [(OPUC)]6.Two CD Copies7.One Spare CopyKj Z\'^X!F I ORDERITTA.No.166 of 2018 DISPOSING OF THE IT'I'A ON WITHDRAWAL WITHOUT COSTS. rdE IE(oZoo10 N0v20Pl,{)i/*\3Fspr-rc""--\.--=r,