Itta/209/2012 Of Commissioner Of Income Tax v. Vishnu Builders

r IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI FRIDAY, THE FIFTEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT HONOURABLE SRI JUSTICE G.NARENDARAND HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.209 of 2012 Appeal under Section 260 A of Income Tax Act, aggrieved by theorderdated27.07.2011inI.T.A.No.178A/izag/2011(Assessmentyear2005-06)beforetheHon'bleIncomeTaxAppellateTribunal,Visakhapatnam Bench, at Visakhapatnam and preferred against the orderof the Commissioner of Income Tax (Central), 7*^ Floor, Aaykar Bhavan,Basheerbagh,Hyderabad,dated25.03.2011bearingF.No.CIT(C)/263/3/2010-11andpreferredagainsttheorderoftheAssistant CommissionerofIncome-Tax,CentralCircle, VijayawadainGIR.No.V-320/PAN: /A.Y.2005-06/ACIT/Vijayawada,dated28.11.2008. Between: The Commissioner of Income Tax, Vijayawada. ...APPELLANT AND Vishnu Builders, # 47-27-94A, Tonia Towers, 0pp. Nirmala Convent,Patamata, Vijayawada. ...RESPONDENT Counsel for the Appellant: SRK Y N VIVEKANANDA (SC FOR INCOMETAX) Counsel for the Respondent: SRI K VASANT KUMARThe Court made the following JUDGMENT: /■ HON’BLE SRI JUSTICE G.NARENDARAND HON’BLE SRI JUSTICE T.C.D. SEKHAR INCOME TAX TRIBUNAL APPEAL No. 209 of 2012 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 stakesinvolvedarelessthanRs.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 stakesinvolvedarelessthanRs.2 Crores and hence, he prays leave of the Court[to][ withdraw]the Appeal. 2.Submission is placed on record. 3.Accordingly, the Appealis dismissed as withdrawn.No costs. As a sequel thereto, the miscellaneouspetitions,if any, in this Appeal shall stand closed this Appeal shall stand closed Appeal shall stand closed shall stand closed stand closedSD/- E.KAMESWARA RAOJOINT REGISTRAR//TRUE COPY//SECTl(^N^FICER pending in this Appeal shall stand closed this Appeal shall stand closed Appeal shall stand closed shall stand closed stand closed To1. TheIncome Tax Appellate Tribunal, Visakhapatnam Bench,atVisakhapatnam of Income Tax (Central), 7'" Floor, Aaykar2. The CommissionerBhavan, Basheerbagh, Hyderabad.Bhavan, Basheerbagh, Hyderabad. r HIGH COURTDATED:15/11/2024 JUDGMENTITTA.No.209 of 2012ANDH^■•sX2 7 MAR 2025.Current Ssetion DISMISSING THE ITTA AS WITHDRAWN ▲