Itta/210/2018 Of The Pr.commissioner Of Income Tax v. M/S.new Star Iron Scrap Mart
High Court
19 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/210/2018 Of The Pr.commissioner Of Income Tax v. M/S.new Star Iron Scrap Mart
Date of order
19 Nov 2024
Assessment year(s)
2007-08
Outcome
Dismissed
Case summary
In Itta/210/2018 Of The Pr.commissioner Of Income Tax v. M/S.new Star Iron Scrap Mart, 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.
Sections referenced in this judgment
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.NARENDARANDTHE HONOURABLE SRI JUSTICE T.C.D.SEKHAR
INCOME TAX TRIBUNAL APPEAL NO: 210 OF 2018
Appeal under section 260A of the Income Tax Act,1961, againstordersoftheIncome-taxAppellateTribunal,VishakapatnamBench,Vishakapatnam,in I.T.A.NO.55/Vizag/2013, A.Y 2007-08,dated 20-01-2017.
Between:
The Pr.Commissioner of Income Tax, Vijayawada
...Appellant / Appellant
AND
M/s. New Star Iron Scrap Mart, 12-3-35,Peena Mohammed[Street]Tarapet,Vijayawada
...RESPONDENTS
Counsel for the Appellant: SRI J V PRASAD (SC FOR INCOME TAX)Counsel for the Respondents: SRI KAILASH NATH P S SThe Court made the following: ORDER
APHC010790642017IN 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.SEKHAR
INCOME TAX TRIBUNAL APPEAL NO: 210/2018
Between:
The Pr.commissioner Of Income Tax
...APPELLANT
AND
M/s New Star Iron Scrap Mart
...RESPONDENT
Counsel for the Appellant:
1.J V PRASAD (SC FOR INCOME TAX)
Counsel for the Respondent:
1.KAILASH NATH PS S
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, wherethe 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3.Accordingly,the appealis dismissedas withdrawn.Nocosts.costs.
As a sequel thereto, the miscellaneous petitions,if any,pending in this appeal shall stand closed.
SD/- E KAMESWARA RAOJOIN REGISTRAR
//TRUE COPY//
SECTION OFFICER
To,
1. The Income-tax Appellate Tribunal, VishakapatnamBench,Vishakapatnam
2. One CC toSri. J V Prasad (SC FOR INCOME TAX)
3. One CC to Sri. Kailash Nath P S S, Advocate
PR
4. Three CD Copies
HIGH COURT
DATED: 19/11/2024
ORDERITTA.No.210 of 2018
of^■e.V•VLo*2 8 FES 2025Comi'i^. Curiam aacuon ^2"eSPATCW^'
DISMISSING THE APPEAL AS WITHDRAWN
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