Case LawHigh Court › Itta/222/2018 Of M/S.cyient Limited v. D...

Itta/222/2018 Of M/S.cyient Limited v. Deputy Commissioner Of Income Tax

High Court 02 Aug 2023 In favour of: Revenue
Forum / Bench
High Court · taphc
Parties
Itta/222/2018 Of M/S.cyient Limited v. Deputy Commissioner Of Income Tax
Date of order
02 Aug 2023
Assessment year(s)
Outcome
Dismissed

Case summary

In Itta/222/2018 Of M/S.cyient Limited v. Deputy Commissioner Of Income Tax, the High Court (2023) dismissed the appeal. The decision went in favour of the Revenue.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

{,,i HIGH COURT FOR THE STATE OF TELANGANA WEDNESDAY,THE SECOND DAY OF AUGUSTTWO THOUSAND THOUSAND AND TWENTY THREETWENTY THREE iTWO THOUSAND THOUSAND AND TWENTY THREETWENTY THREEI, .I1aPRESENT..| I ..r.."'THE HONOURABLE SRI JUSTICE P.SAM KOSHYj;ANOI t, t.tt t - [.. ]i',!l.i:t.THE HONOURABLE HONOURABLE SRI JUSTICE LAXMI NARAYANA NARAYANA ALISHETry THE HONOURABLE HONOURABLE SRI JUSTICE LAXMI NARAYANA NARAYANA ALISHETry ,: INCOME.TAX TRIBUNAL APPEAL NO: 222 0F 2018 (lncome Tax'rTribunal Appeal Under section 260-4 of the lncome Tax Act, 1961against the order of the ,A',lncome Tax Appellate Tribunal, Hyderabad Bench Hyderabad in ITA No.1052rHyD/2016, for Assessmenr year, 2004-2005, datedi29.12.2017, preferred against the order of the commissioner of rncome Tax- !r'Appeals-2, Hyderabad, fllrA No.0237/20'r-16, dated 24-02-2016, prefered against],i* lthe order of the rnqome tax officer, ward 16(2), Hyderabad pAN/GrR No.:t.trAAACT4446Q, dated 1 5-1 2-2006.)i |a,..Beti,'ieeh:' # ::; i [;$]' i[,Ir t ' M/S.CYIENT LlMlrED, (Formerly InfoTech Enterprises Ltd) successor to TereAtlas tndia Ltd Mad hapu r,_ . [ydera ]4th [bad-500082. ]Ftoor,A^Win6, [- ][p4x_44ai ]ptot No,tt, T Strftware [4446e ]nlp.iiv Ul,iti Livori [-itl,- ]tEo' t;-f";id,- ;;tManaging Director,Krishna Bodanapu: tI:I; iiI ...APPELLANT .i"t:,.,:. AND Dep.uty Commissioner Of lncome Tax, Circle-2(1), l.T.Towers, MasabTank,Hyderabad-50004Tank,Hyderabad-50004 i"a.-Counsel for the Appellantthe Appellant:SRI. CHALLA GUNARANJANI.{*,..1-Counsel forthe Respondent: Standing Counsel for l.T. Depatment ...RESPONDENT Counsel for the Appellantthe AppellantI 'i The Court mide the following: i,a:.&t:ti i ,... THE HON'BLE SRI JUSTICE P.SAM KOSHY AND TIID HON'BLE SRI JUSTICE A. LAXMI NARAYANA ITTA. No.222 of 2Ol8 ORDER lp c: t I I o r t' b le .S/ I, /r, ! l,.rt, p. SAI4 I(OSaIy, Heard lcarned corLnsc:j ftrr thc apltcllant .rnd Iearned Star_rdingCounsel appcaring for thc Lep.rrtnrcnt 2. Learnercl counsel for the appellant sr-lbmits thal in vier.v of subsequentdevelopments thar- wcrc tr anspirecl, thc appellant rs not interested inpursuing the a tpe: . 3Accordir- glv, the I'I"TA st.rncis disrnissed. No orrlr:r- ns to cosrs 4. Cons3qllently, miscellaneous pctitions pendi.g, tl anv. shallstand closed ! .:,.1;..]:l/ ri!ls:ti li:r.Ti/TRUE COPY//I+.& Sd/- B. S. CH]RANJEEVIJOINT REGISTRAR-r ,1,,il.{fw.SECTION OFFICERJOINT REGISTRAR-r ,1,,il.{fw.SECTION OFFICER To, t'1. The ln6o.me,T'ax Appellate Tribunal, Hyderabad Bench ,A ', Hyderabad. (withrecord, if any) 2. The Commissioner of lncome Tax Appeals-2, Hyderabad. 3. The lncome tax Officer, Ward 16(2), Hyderabad. 4. One CC to Slll. CHALLA GUNARANJAN, Advocate tOpUCI t'.. IIIILiIiItI 5., Two CD Copir>s i i- ;.1-rDL,tIl..r.gJlr :''1.,P.,ter. ,l rtI {, i HIGH COURT It,DATED: 0210A12023i!if,.'.'it.t.?Li..izt. i!.*If. [r'. t ]:i;,I.l'. frfr'!tI.l DATED: 0210A12023 l.JUDGMENTIJlIlTTA.No.222,ot 2018;i' '1.;,itIIt,}li.i:j;,' -liy.$r;.{..$IIft'+.1 ,' ;di.' t9-;',. a !1..\S::'t,{.t,'tr.r.i [,.1K"; ][.i]1,.f{,t.t1.1li:..l:-'ir,l. [:,r,*,' ]['i],t''i,..1:r.ij.' :: -,Hrl..- .,''.i.i!,.''jr'1",1)),..if :'..,.- IT.TA STANDS.DISMISSEDi*r,' .{.'.,'l;' .; .i .,! ix-a,$*'.1b1at'IFtre,tat ,r.'l.n,I ':t '',':J:" t\ /ri'Yt-;rl| [..)]1? [$EPtts].\oitIAtOESPAT[r-'.ts]
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