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Itta/304/2012 Of Commissioner Of Income Tax Iii v. Surabhi Software Peoples Ltd

High Court 20 Dec 2024 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/304/2012 Of Commissioner Of Income Tax Iii v. Surabhi Software Peoples Ltd
Date of order
20 Dec 2024
Assessment year(s)
2005-06
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Itta/304/2012 Of Commissioner Of Income Tax Iii v. Surabhi Software Peoples 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 FOR THE STATE AT HYDERABADFRIDAY, THE TWENTIETH DAY OF DECEMBERTWO THOUSANO AND TWENTY FOUR PRESENT THE HONOURABLE THE CHIEF JUSTICE ALOK ANDTHE HONOURABLE SRI JUSTICE J. SREENIVAS tNcoME TAX TRIBUNAL APPEAL NO: 304 OF [2012] Appeal filed under Section 260-4 of the lncome [Tax ][Act, ][1961 ][against ][the]Order dated 07-9^2010 [passed ]in ITA No. B77lHydl201O [for ][Assessment ][year]2005-2006 on the file of the lncome Tax Appellate [Tribunal,, ][Hyderabad ][Bench ]['A',]Hyderabad preferred against the Order dated [31 ][.03.2010 passed ][in ] [No.]0123/ClT(AyGNT t2OO9-10 on the file of the Commissioner [of ][lncome Tax (Appeals)]Guntur for Assessment Year 2005-06, [preferred against ][the ][Assessment ][Order]dated 26.03.2009 [passed ]in PAN/GIR [No. ] [on ][the ][file ][of ][the]Deputy Commissioner of lncome Tax, Central [Circle ]- [3(2), ][Hyderabad.]Between: Commissioner of lncome Tax IIl, lT Towers, [A.C ][Guards, ][Hyderabad] .. Appellant AND Surabhi Software Peoples LTD., 102, Shilpa [Arcade, Road ][No ][3, Banjara ][Hills,]Hyderabad. ' ...Respondent Counsel for the AppellantMr. J.V. Prasad, Senior Standing [Counsel ][for]lncome Tax Department Counsel for the Respondent : ..The Court delivered the following: It AND THE HON'BLE SRI JUSTICE J.SREENIVAS INCOME TAX TRIBUNAL APPEAL No.3O4 of 2Ol2 JUDGMENT: (Per tlrc Hon'bte the Chief Justice Alok Aradhe) Mr. J.V.Prasad, learned Senior Standing Counsel 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 light of the CircularNo.O9 12024, dat,:tl 17.09.2024, wil}:, the liberty to revive the same rncase the subject rnatter of the appeal falls in any of the exceptionsprovided in the Circular No.S/2024 dated 15.03.2024. 3. Accorlingly, the appeal is dismissed as withdrawn in termsof the liberty as p,rayed for Miscelianecus applications pending, if any, shall stand closed However, there sha1l be no order as to costs Sd/- K. SRINIVASA RAOJOINT REGIS,TEAR ,l //TRUE COPY// sECTIoN oFFICER To, '1 . The Income TaxAppellate Tribunal, .Hyderabad Bench ,A,Hyderabad.2. The Commiss,ioner of lncome Tax (Appeals) Guntur.3. The Deputy Commissioner of lncome Tax, Central Circle _ 3(2),Hyderabad4. One CC to tvlr J.V prasad Senior Standing Counsel for lncome TaxDepartment [OpUC]5. Two CD Copies HIGH COURT DATED:2011212024 ORDERITTA.No.304 of 2012 E [uf ]tc( \#dl{F-\$,{d\$oogrH a APPEAL IS DISMISSED AS WITHDRAWN
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