Itta/173/2019 Of The Pr. Commissioner Of Income-Tax v. M/S Liners India Limited

IN THE HIGH COURT OF ANDHRA PRADESH::TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOURPRESENTTHE HONOURABLE SRI JUSTICE G.NARENDAR AND THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No: 173 OF 2019 Between: The Principal Commissioner of Income Tax, Vijayawada ...Appellant AND M/s. Liners India Limited, R.S. No.205/2A, Auto Nagar, Vijayawada, PAN NO. . ...RespondentAppeal under section 260A of the Income Tax Act, 1961, againstorderof theIncome Tax AppellateTribunal,VisakhapatnamBench,Visakhapatnam, in ITA.No.310/Vizag/2017, dated 06-11-2018 for A.Y.2012-13. Counsel for the Appellant: SRI. J.V. PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: SRI. T.V.P. SAI VIHARIThe Court delivered the following Judgment: •*-T. APHC010080622019IN THE HIGH COURT OF ANDHRAPRADESHAT AMARAVATI(Special Original Jurisdiction)PRADESHAT AMARAVATI(Special Original Jurisdiction) [3507] TUESDAY ,THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDAR THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.173 OF 2019 Between: ...APPELLANT The Pr. Commissioner Of Income-tax AND ...RESPONDENT M/s Liners India Limited Counsel for the Appellant: 1.J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1.TVPSAI VIHARI The Court made the following: JUDGMENT:- (per Hon’ble Sri Justice G.Narendar) 1.The learned counsel for the appellant-Department has[filed]a memo into Court, including a copy of the circular whereby, theappellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any appeals orpetitions, where the monetary stakes involved are less[than Rs.2]Crores and hence, he prays leave of the Court to withdraw[the]appeal.a memo into Court, including a copy of the circular whereby, theappellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any appeals orpetitions, where the monetary stakes involved are less[than Rs.2]Crores and hence, he prays leave of the Court to withdraw[the]appeal. 2.Submission is placed on record. 3.Accordingly,the appealisdismissedas withdrawn.Nocosts.#T-,costs.#T-, As a sequel thereto, the miscellaneous petitions,if any,pending in this appeal shall stand closed. SD/- E KAMESWARA RAOJOINT REGISTRARp>^SECTION OFFICER //TRUE COPY// To 1.TheIncomeTaxAppellateTribunal,VisakhapatnamBench,Visakhapatnam.Visakhapatnam. 2.One CC to Sri. J.V. Prasad, Standing Counsel for Income Tax 3.One CC to Sri T.V.P. Sai Vihari, Advocate 4. Three CD Copies GLMsree HIGH COURT DATED:19/11/2024 JUDGMENT ITTA.No.173 of 2019 Cjg0 3 APR m11Current Seetion DISMISSING THE ITTAAS WITHDRAWN WITHOUT COSTS