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Itta/196/2018 Of The Pr. Comissioner Of Income Tax v. Smt.sureddy Venkata Ramana

High Court 19 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/196/2018 Of The Pr. Comissioner Of Income Tax v. Smt.sureddy Venkata Ramana
Date of order
19 Nov 2024
Assessment year(s)
2007-08
Outcome
Dismissed

Case summary

In Itta/196/2018 Of The Pr. Comissioner Of Income Tax v. Smt.sureddy Venkata Ramana, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARAND THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL NO: 196 OF 2018 Between: The Pr. Commissioner of Income Tax, Guntur ...APPELLANT AND Smt.Sureddy Venkata Ramana, D.No.11-01-20,Chenchupet,[Tenali-522202] ...RESPONDENT Appeal under section 260-A of the Income Tax Act 1961, preferredagainst the order of the Income Tax Appellate Tribunal, VisakhapatnamBench, Visakhapatnam, passedin ITA.No.138A/izag/2014,dated30-08-2017,for A.Y.2007-08. Counsel for the Appellant: SRI Y N VIVEKA NANDA (SC FORINCOMETAX) Counsel for the Respondents: CKR ASSOCIATES The Court made the following ORDER; APHC010051822018 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: 196/2018 Between: The Pr. Comissioner Of Income Tax ...APPELLANT AND Smt Sureddy Venkata Ramana ...RESPONDENT Counsel for the Appellant: 1.(SC FOR INCOMETAX) Counsel for the Respondent: 1.CKR ASSOCIATES ' % The Court made the following; (per Hon ble Sri Justice G Narendar) 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 stakesinvolvedarelessthanRs.2 Crores and hence, he prays leave of the Court[to][ withdraw]the appeal. 2.Submission is placed on record. 3.Accordingly,theappealis dismissedas withdrawn.Nocosts.costs. As a sequel thereto, the miscellaneous petitions, if any,pending in this appeal shall stand closed. SD/- P.VENKATA RAMANAJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To, 1. The Income Tax Appellate Tribunal, Visakhapatnam[Bench,]VisakhapatnamVisakhapatnam 2. The Commissioner of Income-Tax -1, Visakhapatnam, 3. OneCCtoSRI Y.N.VIVEKANANDA(SCFORINCOMETAX) 4. One CC to SRI. CKR ASSOCIATES Advocate 5. THREE CD COPIES TAC HIGH COURTDATED:19/11/2024 ORDER nTA.No.196of 2018 -•Sg2 5 FEB 2025|->,1,Current Section ^i.°A.SPATC«<=^-' DISMISSING THE APPEAL AS WITHDRAWN ^*
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