Itta/288/2018 Of Principal Comissioner Of Income Tax v. M/S.deepak Infratech Private Limited

I IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD [,4ONDAY, THE NINTH DAY OF OCTOBERTWO THOUSAND AND TWENTY THREETWO THOUSAND AND TWENTY THREE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHYANDTHE HON'BLE SRI JUSTICE LAXMI NARAYANA ALISHETTY INCOME TAX TRIBUNAL APPEAL No: 288 ol 2018 lncome Tax Tribunal Appeal Under Section 260-4 of the Income Tax Act, 1961arising out of the order of the lncomelax Appellate Tribunal, Hyderabad Bench [,A']Hyderabad, in l.T.A.No.1 155lHydl2o14, dated 12-01-2018 Assessment year 2009-2010 preferred against the Order of the Commissioner of lncome Tax (Appeals)-ll,arising out of the order of the lncomelax Appellate Tribunal, Hyderabad Bench [,A']Hyderabad, in l.T.A.No.1 155lHydl2o14, dated 12-01-2018 Assessment year 2009-2010 preferred against the Order of the Commissioner of lncome Tax (Appeals)-ll,Hyderabad, ITA No.0121/ClT (A)-ll, Hyd/2012-13 dated.21-03-2014, preferredagainst the Order of the Assistant Commissioner of lncome Tax Circle 1(2), dated14-06-2012.14-06-2012. Between: Principal Commissioner of lncome Tax-S, 10th floor, Signature Towers, OppBotanical Garden, kothaguda, kondapur, Hyderabad.Botanical Garden, kothaguda, kondapur, Hyderabad. ...Appellant AND M/s- Deepika lnfratect Private Limited, 8-2-686tctDl5, Road no.12, Banjara hi s,Hyderabad-500034 (Pan No.AABCD981 8R)Hyderabad-500034 (Pan No.AABCD981 8R) ...Respondent Counsel for the Appellant: SRI J.V. PRASAD, SENIOR COUNSEL Counsel for the Respondent: None AppearedThe Court made the following: ORDER THE HON'BLE SRI JUSTICE [P.SAM ] AND THE HON'BLE I-T.T.A.No.288 of 2O18 ORDER:["', ti')t [ti ]';tt.lts t,t [P.SAM ][KoSHY)] This appt'itl Ltlt(ler [Sectiorl ][260-A ][of ][the ][Income ][Tax ][Act,]i961, l'ras bccn llletl [.rssailirlg ][tlrc' ][order, dated ][12'O ][1 ][2018 ][passed]by the lnconrt' ['t'ax ][.\ppe1latc ]['l-ribunal, ][Hyderabad ][Bench ]['A"]Hyderalrad, i:r ['l'.A ][Nos.7C>lI1tdl20 ][ler ][and ][1 ][1 ][55/ Hyderabad ][/2014]for the Asscsstnt'll1 [Year ][2OOq 201O.] 2. After goirrg throttgh [tl.rc ][f:rcts ][o[ ][the ][case ][and ][submissions]made by the lcartrcrl [counsel ][fcrr ][the ][appellant, ][we ][find ][that ][the]issue invoh,ecl rn this [appeal ][is ][laicl ][to ][rest ][by ][the ][decision of ][the]High Court ol l(anrataka [in ][C.L?. ][Vs. ][Manjunatha ][Cotton ][&]Ginning Factoryl [. ][We ][also ][fincl ][that ][the ][same ][issue ][further ][stands]decided and confirmecl [b1' ][1i1s ][Hon'ble ][Supreme ][Court ][in ][C'I'T' ][Vs']SSA's Emera ld Meadows2. 3. In vieu' of t h e given [facts ][and ][circumstances ][of the ][case,]particularly tzrking note of [the ][dec:isions ][of ][the ][Hon'ble ][Supreme]Court and also ll-tc [Higl-r ][Court ][of ][I(arnataka ][in ][the ][aforesaid ][trvo]judgments, u e rlo ttot hncl ar-rv substantial [question of ][law ][made] I 359 llll 5(rs / 201 0[20131 [20131 2 73 Tarltttitr t rt. cortl 218 (SC)l2O16) l2O16) r \%E out b1, the appellant in the appeal and the appeal failsAccordir-rgly, this appeal [is ][rejected. No ][order ][as ][to ]costs. 4. Consequently, miscellaneous [petitions ][pending, ]if anv, shallstancl closed. Sd/- C.V. MALLIKARJUNA JOINT REGISTRAR @ //TRUE COPY// SECTION OFFICER To, 1. The lncome-tax [Appellate Tribunal, ][Hyderabad ][Bench'A' ][Hyderabad] 2. The Commissioner [of ][lncome ][Tax ][(Appeals)-ll, ][Hyderabad] 3. The Assistant [Commissioner ][of ][lncome ][Tax ][Circle ][1(2), ][Hyderabad] 4- One CC to J.V. [PRASAD, ][Advocate ][ ] 5. Two CD [Copies] kam \ , &.F":at, HIGH COURT DATED:0911012023 ORDERITTA.No.288 of 2018 THE APPEAL IS REJECTED $E [S',rA]rq(.:7ilou 2023[ ] +.\..[. ].1. [n; ]i; p...1q,$ft:i,,..2'\i -,*.----,,i-v