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Itta/22/2017 Of The Pr. Commissioner Of Income Tax, Hyd v. M/S. Nationla Mineral Devlp.ltd., Hyd

High Court 13 Dec 2021 In favour of: Unclear
Forum / Bench
High Court · taphc
Parties
Itta/22/2017 Of The Pr. Commissioner Of Income Tax, Hyd v. M/S. Nationla Mineral Devlp.ltd., Hyd
Date of order
13 Dec 2021
Assessment year(s)
Outcome
Other

The order — as passed by the High Court

Case summary

In Itta/22/2017 Of The Pr. Commissioner Of Income Tax, Hyd v. M/S. Nationla Mineral Devlp.ltd., Hyd, the High Court (2021) decided the matter.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD I\,{ONDAY, THE THIRTEENTH DAY OF DECEIVBERTWO THOUSAND AND TWENTY ONE PRESENTTHE HONOURABLE SRI JUSTICE UJJAL BHUYANANDTHE HONOURABLE SMT JUSTICE [P.MADHAVI ] INCOME TTRIBUNAL APPEAL NO:22OF 2017 lncome Tax Tribunal Appeal under Section [260-4 of ][the ][lncome ][Tax ][Act, ][1961,]against the order of the [lncome ][Tax ][Appellate ][Tribunal, ][Hyderabad ][Bench ]['B']Hyderabad, in ITA No.1 593 lHydt2O14 [for ][Assessment ][Year ][201 ][1-12 ][dated ][2010312015]preferred against the order of the commissioner of lncome [Tax (Appeals)-V, Hyderabad]in tTA No.0373/AC 16(lyClT(A)-V [2013-14 ][dated ][01/08/2014 preferred against ][the]Order of the Deputy Commissioner [of ][lncome ][Tax, ][Circle ][-'16(1), ][Hyderabad ][in ] No. dated [31 ][101 1201 ][4.] Between:The Prl. Commissioner of lncome [Tax-4, Hyderabad] ...APPELLANT/APPELLANTANDM/s. National Mineral Development [corporation ][Ltd., Khanij Bhavan, ][10-3-31 ][1/A, Castle]Hills, Masab Tank, Hyderabad...RESPONDENT For the Appellant : SRI J.V.PRASAD, For the Respondent : SRI P.KARTHIK [RAMANA' ] SRI S.DWARAKANATH, Advocate The Court delivered the following: HONOUI AI}LE [BHUYA\],\NDHONOUI{,^ [I}LE SMT..IUS'TI('E I'. ][}'IADHAVI ][I)I''\II] I.T.T.A.N[o.2][ 2 ][()F ][2017] .l IrD(; M ENl': [rt,, |n ][hla ][.\ri ][.1tr:ttcL ][l. tt,tl ][blttrt,trt] Hearcl Mr..l [v.l)rasad. ][lcartretl Starrdirlg ][Counsel ][lirr ][thc ][appellant-]lncorne ['fax ][Dep ][rrtlnent ][and ][Mr'l) ][Karthik ][llamana' ][leantetl ][counsel]representing [Mr.S ][.Dwarakanath' learned ][counsel ][lor ][the ][respondent-]AS SC SS CC. 2. This appea by [the ][revenue ][under Section ][260A ][of ][the Income Tax]Act, 1961 is [dir ][:cted against ][the ][order ][of ][the ][Income ][Tax ][Appellate]Tribunal in ITA 'io.1593lHydl20l4 [dated ][20 ][03'2015 ][lor ][the ][assessment]year 20ll-12. 3. It is subr ritted [the ][respondent-assessee ][has settled ][the ][matter]under the [Vivar ][Se ][Vishwas ][Scheme ][rvhich ][has ][been ][approved ][by ][the]lnco rre l'ax Dc [)arltrcnL] lln that 'ieiv ol' [the ][ttlatter, appellant ][seeks ][to ][rvitl''draw ][the] appcal. Appeal i [;. ]accorclinglv. [disposed ][ol ][on rvithcl ][au'al] 5 Miscellt eeous applications, [il ][any ][pending, shall ][starrcl ][closed] 6 No cost [.] 7 Sd/-B.S.CHIRANJEEVIJOINT REGISTRAR AD //TRUE COPYII SE(]TION OFFICER To The lncome Ta> Appellate [Tribunal, Hyderabad ][Bench'B' ][H'yderabad.]The Commissio ter of lncome [Tax (Appeals)-V, ][Hyderabad.] 1 2 3The Deputy Cot tmissionerof [lncome Tax, Circle-16(1), Hyderabad. ].^.4One CC to'Sri J V.Prasad, [Senior ] [for ][lncome ][Tax ][Depariment (OPUC)]-. 5One CC to Sri .Dwarakanath, [Advocate (OPUC)]6Two CD Copies7One Spare CoF I 73) HIGH COURTDATED:1311212021 JUDGMENTITTA.No.22 of 2017 1rlE [rAf]€?-c?v)lo:Z0 7 iA?{ [2022]\,)'.'O\,} DtsPoslNG oF THE TTA.AS WITHDRAWN/WITHOUT [COSTS.] v,x\'@
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