Itta/268/2011 Of The Commissioner Of Income Tax -Iv v. Mahaveer Infoway Ltd
High Court
31 Dec 2024 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/268/2011 Of The Commissioner Of Income Tax -Iv v. Mahaveer Infoway Ltd
Date of order
31 Dec 2024
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/268/2011 Of The Commissioner Of Income Tax -Iv v. Mahaveer Infoway Ltd, the High Court (2024) 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Decision: Accordingly, the appeal is dismissed as withdrawn interms of the liberty as prayed for.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 COURT FOR THE STATE OF TELANGANAAT HYDERABAD
TUESDAY, THE THIRry FIRST DAY OF DECEMBERTWO THOUSAND AND TWENry FOUR
PRESENT
THE HON'BLE THE CHIEF JUSTIC E ALOK ARADHE
AND
THE HON'BLE SRI JUSTICE J. SREENIVAS RAOINCOME TAX TRIBUNAL APPEAL No: 268o1 2011
lncome Tax Tribunal Appeal Under Section 260 A of the lncome Tax Act{961 against the order dated 06-12-2006 on the file of the lncome Tax AppellateTribunal, Hyderabad Bench "A", Hyderabad in l.T.A.No.63/H l2oo3 fot AssessmentYear 2000-01 preferred against the order dated 27-0g-2003 on the file of theCommissioner of lncome Tax (Appeals-lll), Hyderabad in Appeal No.40 & 41lAclr 2 (2yclr(A)-il/03-04 preferred against the order dated 28-03-2003passed in P.A.N/c.l.R No.trl-404 I AC-Z(Z) on the file of the AssistantCommissioner of Income-Tax, Circle-2(2), Hyderabad. :
Between:
The Commissioner of lncome Tax -lV, Hyderabad.
...Appellant
AND
Mahaveer lnfoway Ltd., 3-6-307, 2nd Floor, Central Chambers, Basheerbagh,Hyderabad.
...Respondent
Counsel for the Appellant: Ms. B.Sapna Reddy, Counsel representingMr. J.V. Prasad (SC FOR INCOME TAX)
Counsel for the Respondent: Sri K. Vasant KumarThe Court delivered the following: JUDGMENT
THE HON'BLE THE CItrEF JUSTICE ANDTHE IION'BLE SRI JUSTICE J.SREEI{IVAS RAO
INCOME TAX TRIBUNAL [No.268 ][of ][2O11]
JUDGMENT:(Per the Hoi'ble thp Chief Justice AIok Aradhel
Ms. B.Sapna Reddy, learned Junior StandingCounsel representing Mr. J.V.Prasad, learned SeniorStanding Counsel for Income Tax Department for [the]appellant
2. Learned Junior Standing Counsel for the appellantseeks leave of this Court to withdraw the appeal in the lightof the Circular No.O9/2024, dated 17.O9.2O24, with theliberty to revive the same in case the subject matter of theappeal falls in any of the exceptions provided in theCircular No.S' I 2024 dated 15.03.2024.
3. Accordingly, the appeal is dismissed as withdrawn interms of the liberty as prayed for.
Miscellaleous applications pending, if any, shallstand closed. However, there shall be no order as to costs.
Sd/- C.V. MALLIKARJUNA VARMAJOINT
//TRUE COPY//
rE9!srRAR
SECTION OFFICER
To,
1. The lncome Tax Appellate Tribunal, Hyderabad Bench "A,,, Hyderabad
2. The Commissioner of lncome Tax (AppealsJll), Hyderabad.The Commissioner of lncome Tax (AppealsJll), Hyderabad.
3. The Assistant Commissioner of lncome-Tax, Ctcle_2(2), Hyderabad.
4. One CC to Mr J.V. prasad (SC FOR TNCOME TAX)
5. One CC to Sri K. Vasant Kumar, Advocate tOpUCl
6. Two CD Copies
kam/gh
Y?
HIGH COURT
DATED:31 11212024
JUDGMENT
lTTA.No.268 of 2011
THE APPEAL ISDISMISSED ASWITHDRAWN
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