Itta/224/2012 Of The Commissioner Of Income Tax - Iii v. M/S. Soma Bscpl (Jv)
High Court
06 Jan 2025 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/224/2012 Of The Commissioner Of Income Tax - Iii v. M/S. Soma Bscpl (Jv)
Date of order
06 Jan 2025
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/224/2012 Of The Commissioner Of Income Tax - Iii v. M/S. Soma Bscpl (Jv), the High Court (2025) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the appeal is dismissed as withdrawn interms of the liberty as prayed for.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH AT HYDERABAD
MONDAY, THE TWO THOUSAND
PRESENT
THE HONOURABLE THE HONOURABLE
INCOME TAX [ NO:][ 2240F ][2012]
Appeal filed under [Section ][260-4 of ][the ][lncome Tax ][Act' ][1961 against ][the]Order dated [08.06.201 ][1 ][passed ][in ][l ] [No ][132OtHydl201O ][for ][Assessment year]2OO7 -OB on [the ][file ][of ][the ][lncome Tax ][Appellate ][Tribunal' Bench-A' ][Hyderabad]dated 13.08.20110 [passed ][in ][Appeal ][No']preferred against [the ][Order]the file of [the ][Commissioner ][of ][lncome ][Tax]364iAClT6(1 YCIT(A)-V|/O9-1 [0 ][on](Appeals)-lV, Hyderabad [preferred against ][the ][Assessment Order dated ][24'12 ][2OOg]in PAN/GIR [No. ][ /S|-3197 ][on ][the ][file ][of ][the ][Assistant]passed Commissioner [of lncome Tax, Circle-6(1), Hyderabad']Between:
lT Towers, [A.C. Guards, ][HYderabad']The Commissioner [of lncome Tax - ][lll]...APPELLANT
AND
M/s. SOMA [(JV), ][Dr' ][No]8-2-623t511, [14 Avenue, Banjara ][Hills']Hyderabad.
...RESPONDENT
counserf ortheAppera",ll.".,3;"T?xJ,[::r1[.,#[Iis,1l]%?"."Tii"1,C-Junsel for-lncome [Tax Department)]
Counsel for [the Respondents: ][Sri ][T' ][Bala ][Mohan Reddy]
The Court [delivered ][the ][following ][JUDGMENT:]
THE HON'BLE THE CHIEF JUSTICE ALOK ARADHEAND
ulE[HON'BLE SRI JUSTICE ]J.SREENTI/AS RAO
INCOME TAX TRIBUNAL APPEAL No.224 of 2012
JUDGMENT:'Per the I Iott'ble the ChieJ Jusnce Atok Arodhe)
Ms. B.Sapna Reddy, learned Junior StandingCounsel representing Mr. J.V.Prasad, learned SeniorStanding Counsel for Income Tax Department for theappellant.
2. Learnecl counsel for the appellant seeks leave of thisCourt to withdraln, the appeal in the light ol the CrrcularNo.O9/2024, dated 17.09.2024, with the liberty to revivethe same in ,:ase the subject matter of the appeal falls inany of the exceptions provided in the Circular No.5l2O24dated 15.O3.2024.
3. Accordingly, the appeal is dismissed as withdrawn interms of the liberty as prayed for.
Miscellaneous applications pending, if any, sha-ll
stand closed. However, there shail be no order as to costs.
Sd/. K. SRINIVASA RAOJOINT REGISTSEION OFFICER
//TRUE COPY//
To,
1. The lncome Tax Appellate Tribunal, Bench-A, Hyderabad
2. The Commissioner of lncome Tax (Appeals)-lV, Hyderabad
3. The Assistant Commissioner of lncome Tax, Circle-6('l), Hyderabad.4, Two CC's to Sri J.V.Prasad, SC for lncome Tax Department,
5. One CC to Sri T. Bala Mohan Reddy Advocate
6. Two CD Copies
VI{/gh(K
HIGH COURT
DATED: OGl01t202S
JUDGMENTITTA.No.224 of ZO12
DISMISSING THE ITTAAS WITHDRAWN
1[coP(e&]Vr-
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