Itta/172/2008 Of M/S. Raaga Wines v. The Income Tax Officer

[ [3418 ]] IN THE HIGH COURT FOR THE AT HYDERABAD WEDNESDAY,THE EIGHTEENTH DAY OF DECEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE THE CHIEF JUSTICE ANDTHE HONOURABLE SRI JUSTICE J. SREENIVAS INCOME TAX TRIBUNAL APPEAL NO: [172 OF ][2008] Appeal filed under Section 2604 of the [lncome ][Tax ][Act, ][1961 against ][the]Order dated 04.04.2007 [passed ]in [lTA. ][No. 1189/Hydi2006 for ][the ][Assessment year]1999-2000 on the file of the lncome [Tax ][Appellate ][Tribunal, ][Hyderabad ][Bench ]['A',]Hyderabad preferred against the Order dated [01.09.2006 ][, ][passed ][in ][Appeal ][No.]62lKtuMiClT(A)Njato6-67 on the [file ][of ][the ][Commissioner ][of ][lncome ][Tax ][(Appeals)']Vijayawada. Between: Ivl/s. Raaga Wines, D.No.2-4-1 [16, ]P.S.R. [Road, ][Khammam.] ...Appellant AND The lncome Tax Officer, Ward [- ]['1 ][('l), ][Khammam] ...Respondent Counsel for the Appellant : [Mr. ][A.V'A. ][Siva ][Kartikeya] Counsel for the Respondent : [Mr. ][J.V. Prasad,] Senior SC for lncome Tax [Department] The Court delivered the following: THE I{ON'BLE THE CHIEF IUSTICEAIOKA-RADHEAND ,THEHON' LE SRI IUSTICE I.SREENIVAS RAO I.T.T.A.No.772 of 2008 JUDGMENT, [p,a. tie ][Han,b/e ]the Chief Jztice A/ak Aradhe) Mr. A.V.-\.Siva I(artikeya, learned counsel for thc appellant. N4r. J.V.Prasad, learned Senior Standing Counsel for IncomeTax Departm€:nr appears for the respondent.Tax Departm€:nr appears for the respondent. 2. This ap,peal under Secrion 260A of the Income Tax Act, 1961 (fi:r short the [.Act) ]has been filed against orderdated 04.04.20[)7, passed by the Income Tax Appetlate TribunalBench 'A'Hyderabad (for short [.the ]T ribunal)mI.T.A.No. 1 1 89 / FLyd / 2006. .)The subjecr marter of the appeal pertains to theas sessmentyear 1999-2000year 1999-2000 4The appeal was admitted on the following substantial qo.r,iorlof law:of law: "Whether on the facts and circumstances of the case, theHon'ble f'ribunal is justified in holding that the assessee firm is not enritled [to ][reg'istration ][more ][so ][after ][the ][requirements]of Section [1 ][84 ][of ][the Income ]['Iax ][Act, ][1'96L ][zrc ][satisfied ?"] The aforesaid [issue ][had ][been ][answered ][by ][a ][Division ][Bench ][o[] 5. the erstwhjle [Andhra ][Pradesh ][High ][Coutt ][in ][Commissioner of] Income Tax [v. ][Swarna ][Bat ][Restaurantl. ]['W'e ][ate ][in ][respectful]agreement [with ][the ][view ][taken ][by ][the ][erstwhrle ][Andhra ][Pradesh ][High] Court in the [aforesaid decision'] Accordingly, [the ][substantial ][question ][of ][law ][is ][answered ][against] 6 the assessee [and ][in ][favour ][of ][the revenue'] No7In the result, [the ][appeal ][fails and is, ][hereby' ][dismissed']costs. Asasequei, miscellaneous [petitions, pending ][if ][any' ][stand] closed. sd/- K. NIVASA JOINTEGISTRARSEN OFFICER ,,TRUE To, 1. The lncome [Tax Appellate Tribunal' Hyderabad Bench ]['A" ][Hyderabad'] ;,Elit'*tm*l,3j**[tlUi*rii:t;l*L"o"n"**Adv'ca'ietoPUCl5Two CD [CoPies] w r [2011] 334 nR 387 (AP) iI i: HIGH COURT DATED:18 t1212024 JUDGMENT ITTA.No.172 of 2008 DISMISSING THE ITTAWITHOUT COSTS ,{0q *.\r{E [s ][rA ]i6-(.qot} [g ][JItl ][2[25]9.asoarcsr-<)