Itta/252/2011 Of Commissioner Of Income Tax-I v. M/S. Ardee Business Services Pvt.,Ltd
High Court
15 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/252/2011 Of Commissioner Of Income Tax-I v. M/S. Ardee Business Services Pvt.,Ltd
Date of order
15 Nov 2024
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itta/252/2011 Of Commissioner Of Income Tax-I v. M/S. Ardee Business Services Pvt.,Ltd, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF ANDHRA PRADESH
:: AMARAVATI
FRIDAY ,THE FIFTEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR
PRESENT
THE HONOURABLE SRI JUSTICE G.NARENDAR
ANDTHE HONOURABLE SRI JUSTICE T.C.D.SEKHAR
INCOME TAX TRIBUNAL APPEAL NO: 252 OF 2011
Appeal under sectibn, 260-A of the Income Tax Act,[1961][ aggrieved]by the Order of the Income Tax Appellate Tribunal,[Visakhapatnam][ bench,]VisakhapatnaminMA.No.85/Vizag/2010(arisingoutofITA.No.321A/izag/2009 dated 10-12-2010 the appellant[begs][ to][ submit][ this]special Appeal U/s. 260A of the Income Tax Act, 1961.
Between:
Commissioner Of Income Tax-1, Visakhapatnam.
...Petitioner
AND
M/s. Ardee Business Services PVT.,Ltd., 9-3-4, Balaji NAgar, Sripuram,Visakhapatnam - 530 003.
...RESPONDENT
Counsel for the Appellant: SRI. K RAJI REDDY(SENIOR SC INCOME TAX
DEPT)
‘•n.
CtoMnsel for the Respondents: SRI NAGESH BHEEMAPAKA
The Court made the following: JUDGMENT
HON’BLE SRI JUSTICE G.NARENDARAND
HON’BLE SRI JUSTICE T.C.D. SEKHAR
INCOME TAX TRIBUNAL APPEAL No. 252 of 2011
JUDGMENT:- (per Hon’ble Sri Justice G.Narendar)
1.The learned counsel for the Appellant-Department has[filed]a memo into Court, including a copy of the circular whereby, theAppellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any Appeals orPetitions, wherethe monetary stakesinvolvedarelessthanRs.2 Crores and hence, he prays leave of the Court[to][ withdraw]the Appeal.a memo into Court, including a copy of the circular whereby, theAppellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any Appeals orPetitions, wherethe monetary stakesinvolvedarelessthanRs.2 Crores and hence, he prays leave of the Court[to][ withdraw]the Appeal.
2.Submission is placed on record.
3.Accordingly,the Appealisdismissed as withdrawn.Nocosts.costs.
Asa sequel thereto, the miscellaneouspetitions,if any.pending in this Appeal shall stand closed.
SD/- P VENKATA RAMANAJOINT REGISTRAR
//TRUE COPY//
SECTION OFFICER
To,
1. The Income Tax Appellate Tribunal, Visakhapatnam[Bench,]
Visakhapatnam.
2. One CC to Sri. K Raji Reddy(SENIOR SC INCOME TAX[DEPT)]
3. One CC to Sri. Nagesh Bheemapaka, Advocate
HIGH COURT
DATED:1 5/11/2024
ORDER
ITTA.No.252 of 2011
^OF ANoS^c>':C01 MAR 20?5Current Section.
DISMISSING THE APPEAL AS WITHDRAWN
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