Itta/265/2012 Of The Commissioner Of Income Tax-Iv, Hyderabad v. Prasad Homes (P) Ltd

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD FRIDAY, THE TWENTIETH DAY OF DECEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE THE CHIEF JUSTICE ALOK ARADHEANDTHE HONOURABLE SRI JUSTICE J SREENIVAS RAO INCOME TAX TRIBUNAL APPEAL NO: 265 OF 2012 Appeal filed under Section 260-4 of the lncome Tax Act, ['1961 ]against theOrder dated 22.O8.2008 passed in I.T.A.No. 770lHlOB for Assessment year 2004-05on the file of the lncome Tax Appellate Tribunal, Hyderabad Bench 'B', Hyderabadpreferred against the Order dated 27.02.2008 passed in ITA No. 295lDC-16(3yClT(A)-Vl2006-07 on the file of the Commissioner of lncome Tax (Appeals) -V, Hyderabad for Assessment Year 2004-05, preferred against the AssessmentOrder dated 08.12.2006 passed in PAN/GIR No. AACCP7l60PlP-244 on the fite ofthe Deputy Commissioner of lncome Tax, Circle - 16(3), Hyderabad. Between: The Commissioner of lncome Tax-lV, Hyderabad ...Appellant AND Prasad Homes (P) Ltd., 30'1, Surabhi Lotus Apartments, Ameerpet, Hyderabad. ...Respondent Counsel for the Appellant : Mr. J.V. Prasad Senior Standing counsel forlncome Tax Department Counsel for the Respondent : - The Court delivered the following: THE HON'BLE THE CHIEF JUSTICE ALOK ARADHE AND THE HON'BLE SRI JUSTICE J.SREENTVAS RAO INCOME TAX TRIBUNAL APPEAL No.265 of 2Ol2 JUDGMENT: Per the Hon'bLe the Chief Justice Alok Aradhe) Mr. J.V.Prasad, learned Senior Standing Counsei for Income TaxDepartment for the appellant 2. Learned Senior Standing Counsel for the appellant seeks leave of this Court to withdraw the appeal in the tight of the CircularNo.O9 12024, date(1 17.09.2024, with the liberty to rerrive the same incase the subject .Tratter of the appeal falls in any of the exceptionscase the subject .Tratter of the appeal falls in any of the exceptionsprovided in the Cir-cular No.Sl2024 dated 15.03.2024. 3. 3. Accordingly, the appeal is dismissed as withdrawn in termsof the liberty as prayed for. Miscellaleou s applications pending, if any, shall stand closed. However, there shr:ll be no order as to costs. A.V.S.S.C.S.M. SARMAJOINT REGISTRAR{ ,--\- //TRUE COPY// SECTION OFFICER To, '1 The lncome Tax Appellate Tribunal, Hyderabad Bench ,B',Hyderabad.Hyderabad. Hyderabad.2 The Commissioner of lncome Tax (Appeals) - V, Hyderabad3. The Deputy Commissioner of Income Tax, Circle - i6(3), Hyderabad4. One CC to lVlr J.V. Prasad Senior standing counsel for lncome TaxDepartment [OpUC]3. The Deputy Commissioner of Income Tax, Circle - i6(3), Hyderabad4. One CC to lVlr J.V. Prasad Senior standing counsel for lncome TaxDepartment [OpUC]5. Two CD Copies L/gh HIGH COURT DATED:2011212024 JUDGMENTITTA.No.265 [of ][201it'] APPEAL IS DISMISSED ,.4 j f r1S 5y,1l, )r [,,)]0 I iAil t0fr:It{+r'rEo[*]