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Itta/361/2019 Of The Pr. Commissioner Of Income-Tax-4 v. M/S. Lanco Solar Energy Pvt. Limited

High Court 02 Aug 2023 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/361/2019 Of The Pr. Commissioner Of Income-Tax-4 v. M/S. Lanco Solar Energy Pvt. Limited
Date of order
02 Aug 2023
Assessment year(s)
Outcome
Dismissed

Case summary

In Itta/361/2019 Of The Pr. Commissioner Of Income-Tax-4 v. M/S. Lanco Solar Energy Pvt. Limited, the High Court (2023) dismissed the appeal. The decision went in favour of the assessee.

Decision: As the appeal itself since been stated to have become infructuous, theITTA is dismissed as infructuous.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD WEDNESDAY, THE SECOND DAY OF AUGUSTTWO THOUSAND AND TWENTY THREE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE LAXMI NARAYANA ALISHETTY INCOME TAX TRIBUNAL APPEAL No: 361 OF 2019 lncome Tax Tribunal Appeal Under Section 2604 of the [lncome ][Tax ][Act,]1961 arising out of the order of the lncome-tax Appellate Tribunal, [Hyderabad ][Bench]'B' Hyderabad, in S.A.No.111lHydl2019 in ITA No.18B2lHydl2o17, for AssessmentYear 2013-14 dated 30-04-2019 [preferred ]against the [Order ]of the [Deputy]Commissioner of lncome Tax (Transfer Pricing Officer)-3, [Hyderabad,]PAN.No. , dated:3'l-10-2016 [preferred ]against the [Order ]of [the]Assistant Commissioner of lncome Tax, Circle - [16(1), ][Hyderabad, ] No. dated 30-10-2017. Between: The Pr. Commissioner of lncome-tax-4, Hyderabad ...Appellant AND M/s. Lanco Solar Energy Pvt. Limited, Lanco House, [Plot ][No.4, ][Software ][Units]Layout, HITEC City, Madhapur, Hyderabad- 500 081. [(PAN ][No. ][AABCL 7372G)] ...Respondent lA NO: 1 OF 2019 Petition und,-. S ec;tion 151 CPC praying that in the c i':;urr stances statedin the affidavit filecl n support of the petition, the Higl Court rnal' be pleased tosuspend the ordr:- n S.A.No 111lHydl2019 in ITA No 188., 1H5,d12017 of thelncome Tax Appe:l .lt-. Tribunal, Hyderabad, Benctr "B', llyderabad, dated30-04-2019, pe,nding d sposal of the appeal. Counsel for the App rllant: SRI J.V. PRASAD (SC FOR INCOME T,CX) Counsel for the Res rondent: None Appeared The Court deliverr:d the tbllowing: JUDGMENT \ THE HON'BLE SRI JUSTICE P.SAM KOSITY AND THE HON'BLE SRI JUSTICE A. LA)flVII NARAYANA I.T.T.A. No. 361 of 20t9 JUDGMENT:1p er Hon'ble Si JtLsti@ P.SAM KOSHI1) Learned counsel appearing for the parties submit that the matter hasbecome infructuous. 2. As the appeal itself since been stated to have become infructuous, theITTA is dismissed as infructuous. No order as to costs. Consequently, miscellaneous petitions pending, if any, shall standclosedclosed Sd/-B.S.CHIRANJEEVIJOINT REGISTRARqD //TRUE COPY// SECTION OFFICER To,1The lncometax Appellate Tribunal, [Hyderabad ][Bench ][' ][B' ][Hyderabad ][(with]record, if any)1The lncometax Appellate Tribunal, [Hyderabad ][Bench ][' ][B' ][Hyderabad ][(with]record, if any) 2The Deputy Commissioner [of lncome Tax (Transfer Pricing ][Officer)-3,]HyderabadHyderabad3The Assistant Commissioner of [lncome Tax, Circle ]- [16(1 ])' [Hyderabad]4One CC to SRI J.V. PRASAD, [SC FOR INCOME TAX DEPT. 5CD Copies4One CC to SRI J.V. PRASAD, [SC FOR INCOME TAX DEPT. 5CD Copies kam v,7 HIGH COUR-" DATED:02101,12023 JUDGMENI'lTTA.No.361 :f 2019 THE ITTA IS I)ISMISSEDAS INFRUCTI,,lOUS o rl [-'{^](.- ir\'ir'-' ,l\.ii. ',],- [-r!r!]t, .- ll,.t-t1i ;,? [-[ ][[\]i ][ltil].:1,..,,/\,...|'It.:-_
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