Itta/328/2012 Of Commisioner Of Income Tax v. M/S. Transstroy (India) Ltd

^<4 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI MONDAY ,THE EIGHTEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENTTHE HONOURABLE SRI JUSTICE G.NARENDAR AND THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR o INCOME TAX TRIBUNAL APPEAL No: 328 OF 2012 Appeal under Section 260 A of Income Tax Actaggrieved by theorder dated 14-7-2011inI.T.A.No.540A/i2ag/2009 (Assessment year 2006-07) before the Hon’ble Income Tax Appellate Tribunal,VisakhapatnamBench,atVisakhapatnamandpreferredagainsttheorderoftheCommissioner of Income Tax (Appeals), Guntur, dated14.09.2009 bearingITANO.0117/CIT/GNT/2008-2009 and preferredagainst the order of theIncome-Tax Officer, Ward-2(2), Guntur in PAN/ /A.Y.2006-07/ITO/Ward-2(2), Guntur, Dated; 31.12.2008.Between: Commissioner of Income Tax, Rajkamal Complex. LakshmipuramMainRoad, Guntur. AND ...Appellant M/s.Transstroy(India)Ltd.D. No. 8-24-42TobaccoColonyMangalagiri Road, Guntur. Counsel for the Appellant: SRI B. NARASIMHA SARMACounsel for the Respondents: SRI M. LAXMINARASIMHAMThe Court made the following JUDGMENT: ...Respondent 4AP'<.f. :>■i% HON’BLE SRI JUSTICE G.NARENDARAND HON’BLE SRI JUSTICE T.C.p. SEKHARIT T A.No.328of 2012 JUDGMENT:- (per Hon’ble Sri Justice G.Narendar) 1.Thelearned counsel for the Appellant-Department has filedof the circular No.09/2024 ina memo into Court, including a copyF.No.279/Misc./M-74/2024-lTJ, dated 17.09.2024, whereby,theAppellant-Department has formulated a litigation policyand underit has been resolved not to initiate any Appeals orthe said policyPetitions,wherethe monetary stakes involved are less thanRs.2 Crores and hence, he prays leave of the Court[to][ withdraw]the Appeal. 2.Submission is placed on record. dismissed as withdrawn. No3.Accordingly, the Appealiscosts.costs. the miscellaneous petitions,if any.As a sequel theretopending in this Appeal shall stand closed. Sd/- P VENKATA RAMANAJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To, 1. TheIncomeTaxAppellateTribunal,VisakhapatnamBench,atVisakhapatnam. 2.The Commissioner of Income Tax (Appeals), Guntur.3. The Income-Tax Officer, Ward-2(2), Guntur.3. The Income-Tax Officer, Ward-2(2), Guntur. 4. One CC to Sri B. Narasimha Sarma, S.C. for Income Tax 5. One CC to Sri M. Laxminarasimham, Advocate 6. Three CD copies. Trt sree HIGH COURT DATED:18/11/2024 JUDGMENT ITTA.No.328 of 2012 *28 MAY 2025W^ . Current Section. DISMISSING THE ITTA AS WITHDRAWNWITHOUT COSTS