Itta/367/2014 Of The Commissioner Of Income Tax - Iv v. M/S Linkwell Telesystems [P] Limited

HIGH COURT OF JUDICATURE AT HYDERABADFOR THE STATE OF TELANGANA AND THE STATE OF ANDHRAPRADESH THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA AND THE HON’BLE SRI JUSTICE SANJAY KUMAR AND I.T.T.A. No. 367 of 2014 Date: 13.06.2014 Between: Commissioner of Income Tax-IV,Hyderabad. … Appellant And M/s. Linkwell Telesystems (P) Limited,1-11-252/1/A, Gowara Klassic, Begumpet,Hyderabad. … Respondent This Court made the following: THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR I.T.T.A. No. 367 of 2014 JUDGMENT:(Per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta) We have heard the learned counsel for the appellant and gonethrough the impugned judgment and order of the learned Tribunal and weare surprised that why this appeal has been preferred unnecessarilywasting the public exchequer. The Revenue has accepted the settled law when the judgmentpassed by the learned Tribunal on an identical issue. There is no pointfor preferring the appeal. Hence, the appeal is dismissed. Miscellaneous petitions, if any, pending in this appeal shall standclosed. No order as to costs. ___________________ K.J. SENGUPTA, CJ ___________________ SANJAY KUMAR, J