Itta/235/2007 Of Commissioner Of Income Tax v. Padala Satyanarayana Reddy

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVAi:t-|^'^ THURSDAY, THE SIXTEENTH DAY OF JUNETWO THOUSAND AND TWENTY TWO o•m- PRESENT THE HONOURABLE SRI JUSTICE A V SESHA SAIANDTHE HONOURABLE SRI JUSTICE RAVI NATH TI^HARI * ITTA NO: 235 OF 2007 (Appeal Under Section 260(A) of the Income Tax Act, 1961preferred against theorder of the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnamin IT A No.64A/izag/02 for the Assessment Year 1987-88to1997-98,dated23.11.2006preferredagainsttheorderoftheCommissionerofIncomeTax(Appeals), RajahmundryinITA.No. 47n-r/C-1 RJY/CTT(A)RJY/1999-2000,dated21.09.2001 & 30.01.2002preferred against the order of the Deputy Commissionerof Income Tax, Circle-1, Rajahmundry in PAN/GIR.No.S-1020Dated:-02-2000) Between; Commissioner of Income Tax, Rajahmundry ...APPELLANT AND Padala Satyanarayana Reddy, R/o.D.No.74-7-3, Prakashnagar, Rajahmundry, ...RESPONDENT Counsel for the Appellants: SMT.M.KIRANMAYEECounsel for the Respondents: SRI S. RAVIThe Court made the following: -\ * HON’BLE SRI JUSTICE A.V.SESHA SAIAND HON’BLE SRI JUSTICE RAVI NATH TILHARI I.T.T.A.No.235 of 2007 ORDER:- (Per AVSS,J) Smt.M.Kiranmayee,learnedStandingCounselfortheIncome Tax Department would submit that in terms of[Central]Board Direct Taxes Circular No. 17 of 2019, dated 08.08.2019,allappealswherethetaxeffectisbelowRs. 1,00,00,000/-arerequired to be withdrawn, and as the value of the present[appeal]is less than Rs. 1,00,00,000/-, the appellant may be permitted towithdraw the appeal. The learned counsel would further[submit]that liberty may be granted, in case it were to be[found][ later][ that]thesubjectmatterof theappealfallswithintheexceptionsmentioned in the circular issued by the Central Boardtofile anapplication for restoration of the appeal. Accordingly, this Appeal is dismissed as withdrawn[with]the liberty sought for. There shall be no order as[to][ costs][ of][ the]Appeal. As a sequel, interlocutory applications pending, if[any,][ in]this appeal shall stand closed. SD/-M.RAMESH BABUDEPUTVj REGISTRAR //TRUE COPY// SECTION OFFICER To, 1.The Income Tax Appellate Tribunal, Visakhapatnam[Bench,][ Visakhapatnam] 2.The Commissioner of Income Tax (Appeals), Rajahmundry 3. The Deputy Commissioner of Income Tax, Circle-1,[Rajahmundry] 4.One CC to Smt. M. Kiranmayee, Advocate 5.One CC to Sri S. Ravi, Advocate 6.Two CD Copiespsrssb5.One CC to Sri S. Ravi, Advocate 6.Two CD Copiespsrssb HIGH COURT DATED:16/06/2022 ORDER ITTA.No.235 of 2007 DISMISSING THE ITTA AS WITHDRAW