Case LawHigh Court › Itta v. The Income Tax Officer

Itta v. The Income Tax Officer

High Court 28 Oct 2022 In favour of: Unclear
Forum / Bench
High Court · taphc
Parties
Itta v. The Income Tax Officer
Date of order
28 Oct 2022
Assessment year(s)
1998-99
Outcome
Other

Case summary

In Itta v. The Income Tax Officer, the High Court (2022) decided the matter.

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 FOR THE STATE OF TELANGANAAT HYDERABAD FRIDAY ,THE TWENW EIGHTH DAY OF OCTOBERTWO THOUSAND AND TWENTY TWO PRESENTTHE HON'BLE THE CHIEF JUSTICE UJJAL BHUYANANDTHE HON'BLE SRI JUSTICE C.V. BHASKAR REDDY INCOME TAX TRIBUNAL APPEAL NO: 213 OF 2010 Appeal Under Section 260A of the lncome Tax Act, 1961 against theorder dated 04-04-2008 in l.T.A. No. 557 / Hyd/05 ( Asst. Year 1998-1999) on thefile of the Court of the lncome Tax Appellate Tribunal, Hyderabad Bench "A"Hyderabad preferred against the order of the Commissioner of lncome Tax( Appeals ) -lll, Hyderabad dated '11-04-2005 in ITA No. 131 i JCIT SR-6 / CIT(A) lll / 02-03 preferred against the order of the Joint Commissioner of lncometax ( Assts ) Special Range 6, Hyderabad dated 16-02-20001 in PAN / GIR No.R- 123. Between: M/S. Rama Spinners Pvt. Limited, Represented by its Managing Director Mr.GopalAgarwal 2-1-113, Tobacco Bazar, Secunderabad. ...APPELLANTAND The lncome Tax Officer, Ward 2 (2), Ayakar Bhawan, Hyderabad ...RESPONDENT l.A. NO: 3 OF 2010(ITTAMP. NO: 56 OF 2010) Petition under Section 151 CPC praying that in the circumstances stated inthe affidavit filed in support of the petition, the High Court may be pleased stayall further proceedings pursuant to the order dated 04.04,2008 passed by theHon'ble lncome Tax Appellate Tribunal, Hyderabad Bench 'A", in ITANo.557/Hyd/2005 for the Assessment Year 1998-99 Counsel for the Appellant: Ms. Sravani for Sri Chlla Gunaranjan Counsel for the Respondent: Ms. Sapna Reddy The Court delivered the following: JUDGMENT lE![HON'BLE ] CE U.IJAI ]TIryAN ANDTII ) IION'BLE SRI JUSTICE C.V.BHAIJKAII TI]'DI)Y I.T.T.A.No.2 13 of 2O 1,0 JUDGME]Y li lPer the I roi'ble ttrc Chtef Jltstice Ujjat Bhtryahl Hezu I Ms. Sravani, learned counsel fo: the appellantand Ms. lj tpna Reddy, learned counsel for the r,:sFondent. Lezrr red counsel for the appellant st-rb rl ts that theerppe ant ras settled the tax dispute in l-erms r:f the DirectTax Vivacl Se Visl-ru,as Schenre. Therefore, aptr€llant wouldhl<e to rvitl draw this appeal. ln \ re\\, of above, the appeal is iismi'rsed onlvith d rau,a Misc llaneous applications pencling, il any, shallstancl clos d. Ho"vever, there shall be no order as to costs. Iit )/.B.S.CHIRANJEEVI.IOINT REGISTRAR| . 1L') ,TRUE COPY// S,ECTION OFFICER To1The Income 1 ax Appellate Tribunal, Hyderabad Bench A, l'{yd':rabad2The Commis: oner of lncome Tax ( Appeals ) - lll, Hyder:;bad.3The Joint Co nmissioner of lncome Tax (Assts), Special R rnge-6,Hyderabad.4.One CC to Sr Challa Gunaranjan, Advocate (O,PUC)5One CC to fV ;. Sapna Reddy Advocate r)Two CD Copi ,s3The Joint Co nmissioner of lncome Tax (Assts), Special R rnge-6,Hyderabad.4.One CC to Sr Challa Gunaranjan, Advocate (O,PUC)5One CC to fV ;. Sapna Reddy Advocate r)Two CD Copi ,s7.One Spare Cr pyKulgbrKulgbr HIGH COURT DATED:28110 2022 JUDGMENT lTTA.No.213 rf 2010 I)IS\lISSI\(; IHI: I' t,\ ON WITHDRAWL. @i*'%>-6-,.P -1r\f,/!.\li1,, .21 [i:Et ][?[Il]\
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