Itta/306/2013 Of Commissioner Of Income Tax-Iii v. M/S Rithwik Swathi [Jv]
High Court
20 Dec 2024 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/306/2013 Of Commissioner Of Income Tax-Iii v. M/S Rithwik Swathi [Jv]
Date of order
20 Dec 2024
Assessment year(s)
2005-2006
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itta/306/2013 Of Commissioner Of Income Tax-Iii v. M/S Rithwik Swathi [Jv], the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accorrfi ngly, the appeal is dismissed as withdrawn in termsof the liberty as prayed for.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD
FRIDAY, THE TWENTIETH DAY OF DECEIMBERTWO THOUSAND AND TWENTY FOUR
PRESENT
THE HONOURABLE THE CHIEF JUSTICE ALOK ARADHEANDTHE HONOURABLE SRI JUSTICE J SREENIVAS RAO
INCOME TAX TRIBUNAL APPEAL NO: 306 OF 2013
Appeal under section 2604 of the lncome Tax Act., against the dated18.10.2012 passed in lTA.No.934/Hydl2012 for the Assessment year 2005-2006on the file of the lncome Tax Appellate Tribunal, Hyderabad Bench A,. Hyderabadpreferred against the Order dated 10,02.2011 Passed inlTA.No.0442lTriC|T(A)/GNT/07-08 on the file of the Commissioner of lncome Taxon the file of the lncome Tax Appellate Tribunal, Hyderabad Bench A,. Hyderabadpreferred against the Order dated 10,02.2011 Passed inlTA.No.0442lTriC|T(A)/GNT/07-08 on the file of the Commissioner of lncome Tax(Appeals) Guntur Preferred against the Order dated: 28-12-2007 in PAN/GIR.No. on the file of the Assistant Commissioner of lndia Tax Circle3(l),Hyderabad.AAAAR2384K on the file of the Assistant Commissioner of lndia Tax Circle3(l),Hyderabad.
Between:
Commissioner Of lncome Tax-lll, lT Towers, A.C.Guards, Hyderabad
...APPELLANT
AND
M/s Rithwik Swathi , Plot No. ['1295, ]Road No.63, Jubilee Hills, Hyderabad....RESPONDENT
Counsel for the Appellant: Mr. J.V. PrasadCounsel for the Respondent:The Court delivered the following: JUDGMENT
r
THE HON'BLE THE CHIEF JUSTICE ALOK ARADHE
AND
THE HON'BLE SRI JUSTICE J.SREENTVAS RAO
INCOME TA)( TRIBUNAL APPEAL No.3O6 of 2013
JUDGMENT: (Per the 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 seeksleave of this Court to withdraw the appeal in the light of the CircularNo.O9/2424, datr:d 17.09.2024, with the liberty to revive the same incase the subject matter of the appeal falls in any of the exceptionspror.ided in the Circulat No.S/2024 dated I5.O3.2O24.
3. Accorrfi ngly, the appeal is dismissed as withdrawn in termsof the liberty as prayed for.
Miscellaleou s applications pending, if any, shal1 stald closed.However, there shall be no order as to costs.
Sd/. K, SRINIVASA RAOJOINT(REGISI'-RAR\''iSEC1ION OFFICER
//TRUE COPY//
To
1.The hcome Tax Appellate Trib_unal, Hyderabad Bench A,. Hyderabadrne uommrsstoner ot lncome Tax (Appssls) Guntur.rne uommrsstoner ot lncome Tax (Appssls) Guntur.
4EOne Two The Assistant CC CD Copiesto SRI Oommissioner B NARASTMHA of SARMA, Advocate lndia tax Circle3(1), 1OedC1 Hyderabad.- -PR/ghPR/gh
- -r
HIGH COURT
DATED:2011212024
JUDGMENTITTA.No.306 of 2013
DISMISSING THE ITTAAS WITHDRAWN
If:,.)r
p.1E [oF]o(ls),2F\\\cI1toooF+ DF-[eO]
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