In Itta/239/2019 Of Principal Commiissioner Of Income Tax-I v. Fluentgrid Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, I.A.No.2 of 2019 and the Appeal are dismissed as withdrawn granting liberty as prayed for.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HON’BLE SRI JUSTICE RAKESH KUMAR AND THE HON’BLE SRI JUSTICE M.VENKATA RAMANA
I.A.No.2 of 2019 in/and I.T.T.A. No.239 of 2019
JUDGMENT:(Per Hon’ble Sri Justice Rakesh Kumar)
Sri K.Raji Reddy, learned Senior Standing Counsel for Income Tax Department, appearing for the appellant seeks permission of this Court to withdraw the appeal with liberty to avail appropriate remedy.
Permission is accorded.
Accordingly, I.A.No.2 of 2019 and the Appeal are dismissed as withdrawn granting liberty as prayed for. There shall be no order as to costs. As a sequel, the miscellaneous petitions, if any pending, shall stand closed.
___________________________
JUSTICE RAKESH KUMAR
________________________________
JUSTICE M.VENKATA RAMANA
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue