Itta/181/2019 Of The Pr. Commissioner Of Income Tax v. M/S The Krishna Diestrict Co-Operative Central

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARA TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT HONOURABLE SRI JUSTICE G.NARENDAR AND HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL NO: 181 OF 2019 Appeal under Section 260 A of THE Income Tax Act, 1961prayingthat the High Court may be pleased to allow the appeal by duly settingasidetheOrderdated28-11-2018passedinI.T.ANo.101A/iz/2018(Assessment year 2014-2015) by the Income Tax AppellateTribunal,Visakhapatnam Bench, Visakhapatnam, filed challenging the Order dated01-02-2018passedbythe Commissionerof Income Tax(Appeals),Vijayawada in Appeal No.lTA No.266/CIT (A)/VJA/2016-17, which was filedchallengingtheOrderdated28-09-2016passedinPAN/GIRNO.AABTT0343E/A.Y.2014-15, by the Deputy CommissionerofIncomeTax, Circle-2 (1), Vijayawada. Between: The Commissioner of Income Tax, Vijayawada. AND ...Appellant M/s.TheKrishnaDistrict Co-OperativeCentralBankLimited,YSRSahakar Bhavan, Jaganadhapuram, Machilipatnam-521 001,KrishnaDistrict. (PAN ) ...Respondent Counsel for the Appellant :Sri J V Prasad (Senior Standing Counselfor Income Tax) Counsel for the Respondent :Sri Dundu Manmohan The Court made the following: ORDER */ APHC010127182019 IN 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.NARENDAR THE HONOURABLE SRI JUSTICE T.C.D.SEKHARINCOME TAX TRIBUNAL APPEAL No.181 OF 2019 Between: The Pr. Commissioner Of Income Tax ...APPELLANT AND M/s The Krishna District Cooperative Central ...RESPONDENT Counsel for the Appellant: 1.J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1.DUNDU MANMOHAN The Court made the following: ■lUDGMENT:- (per Hon’ble Sri Justice G.Narendar) 1.The learnedcounsel for the appellant-Department has filedof the circular whereby, thea memointo Court, including a copylitigation policy and underappellant-Department has formulated aresolved not to initiate any appeals orthe said policy, it has beenstakes involvedareless thanpetitions, where the monetaryleave of the Court to withdrawRs.2 Crores and hence, he praysthe appeal. Submission is placed on record. 2. withdrawn.No3.Accordingly, the appealis dismissed ascosts.costs. miscellaneouspetitions,if any.As a sequel thereto, thepending in this appeal shall stand closed. Sd/- P VENKATA RAMANAJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To, Tribunal, Visakhapatnam Bench, at 1. The Income Tax AppellateVisakhapatnam.Visakhapatnam. of Income Tax (Appeals), Vijayawada. 2. The Commissioner Tax, Circle-2 (1), Vijayawada. 3. The Deputy Commissioner of Income Sri J.V.Prasad, Advocate 4. One CC to Dundu Manmohan, Advocate 5. One CC to Sri 6. Three CD Copies HIGH COURT DATED:19/11/2024 JUDGMENT ITTA.No.181 of 2019 2 5 FEB 2025^. Current Section ^ DISMISSING THE ITTA AS WITHDRAWNWITHOUT COSTS BSV