In Itta/209/2019 Of M/S Kumaraswamy Silica Mines v. Income Tax Officer, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.
Decision: Permission is accorded and the Income Tax Tribunal Appeal is dismissed as withdrawn, with the liberty as prayed for.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HON'BLE SRI JUSTICE A.V.SESHA SAI AND
THE HON'BLE MS. JUSTICE J.UMA DEVI
INCOME TAX TRIBUNAL APPEAL No.209 of 2019
JUDGMENT:(per Hon’ble Sri Justice A.V.Sesha Sai)
When the matter is taken up, learned counsel for the appellant seeks permission of this Court to withdraw the present appeal with liberty to the appellant to avail the remedy under ‘Vivadse Viswas’ scheme initiated by the Union of India and with a further liberty to the appellant to seek appropriate remedy in the event of passing any order prejudicial to the appellant herein under the said scheme.
Permission is accorded and the Income Tax Tribunal Appeal is dismissed as withdrawn, with the liberty as prayed for.
Miscellaneous petitions, if any, shall stand closed. There shall be no order as to costs.
__________________
A.V.SESHA SAI,J
23[rd] March, 2021. Tsy
_______________ J.UMA DEVI,J
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