Itta/296/2016 Of Principal Commissioner Of Income Tax, Kurnool v. M/S P Cements & Mineral Industries Ltd., Kurnool
High Court
08 Apr 2025 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/296/2016 Of Principal Commissioner Of Income Tax, Kurnool v. M/S P Cements & Mineral Industries Ltd., Kurnool
Date of order
08 Apr 2025
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/296/2016 Of Principal Commissioner Of Income Tax, Kurnool v. M/S P Cements & Mineral Industries Ltd., Kurnool, the High Court (2025) dismissed the appeal. The decision went in favour of the assessee.
Decision: Recording the said submission, the appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
APHC010149852016
IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction)
[3526]
TUESDAY, THE EIGHTH DAY OF APRIL
TWO THOUSAND AND TWENTY FIVE
PRESENTTHE HONOURABLE SRI JUSTICE NINALA JAYASURYA AND
THE HONOURABLE SRI JUSTICE TARLADA RAJASEKHAR RAOINCOME TAX TRIBUNAL APPEAL No.296 of 2016
Between:
1. Principal Commissioner of Income Tax, Kurnool, Kurnool Charge, MVP Complex, D.No.43-128-3, Prakash Nagar, Kurnool-518001.MVP Complex, D.No.43-128-3, Prakash Nagar, Kurnool-518001.
...Appellant
AND
1. M/s.Panyam Cements & Mineral Industries Limited, Cement Nagar, Kurnool. (PAN No. ).Kurnool. (PAN No. ).
...Respondent
Counsel for the Appellant:
1.Y N VIVEKANANDA
Counsel for the Respondent:
1. ---
The Court made the following JUDGMENT:(per NJS,J)
At the time of considering the matter,Mr.Y.N.Vivekananda, learned Senior Standing Counsel for the Income Tax Department appearing for the appellant along with Mr.Vamsi Krishna Bodapati, learned Junior Standing Counsel states that in view of the tax effect involved in this case
is covered by the decision of NCLT vide Order dated 25.6.2021 in M.A. No.04/2021 in C.P. No.(IB) 187/7/AMR/2019, the Department instructed withdrawal of the appeal. A Certificate addressed by the Assistant Commissioner of Income Tax, Circle–I, Kurnool, in this regard, is placed on record.
2. Recording the said submission, the appeal is dismissed as withdrawn. No order as to costs. Miscellaneous petitions pending, if any, shall stand closed.
____________________
NINALA JAYASURYA,J
April 08, 2025 vasu
____________________________
TARLADA RAJASEKHAR RAO,J
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