Case LawHigh Court › Itta v. Bonagiri Narasimha Murthy, Rjy,...

Itta v. Bonagiri Narasimha Murthy, Rjy, E.g.dist

High Court 07 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta v. Bonagiri Narasimha Murthy, Rjy, E.g.dist
Date of order
07 Nov 2024
Assessment year(s)
2007-2008
Outcome
Dismissed

Case summary

In Itta v. Bonagiri Narasimha Murthy, Rjy, E.g.dist, 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.

Sections referenced in this judgment

The order — as passed by the High Court

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAV THURSDAY, THE SEVENTH DAY OF NOVEMBEF^y \ ■'•'13wSjo TWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARANDTHE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL NO: 369 OF 2017 Appeal under section 260A of the Income Tax Act, 1961, againstorders to call for records relating to ITA NO.279/Viz/2012 dated 02.03.2016on the file of the Income Tax Appellate Tribunal, Visakhapatnam Bench,Visakhapatam relating to the assessment year 2007-2008in the case ofthe Respondent-assessee and set aside the order and allow thisintheinterest of justice. Between: PrincipalCommissionerof IncomeTax, AayakarBhavan,NearKambala Tank, Veerabadrapuram, Rajahmundry, Rajahmundry-533105Kambala Tank, Veerabadrapuram, Rajahmundry, Rajahmundry-533105 ...APPELLANT AND BonagiriNarasimhaMurthy,S/oVeeraVenkataSatyanarayanaPalacharlaVillageRajanagaramMandalRajahmundry[PANNO.APHPB5966J]...RESPONDENT Counsel for the Appellant: SRI B NARASIMHA SARMACounsel for the Respondents: SRI G V N HARIThe Court made the following ORDER: HON’BLE SRI JUSTICE G.NARENDAR \ AND HON’BLE SRI JUSTICE T.C.D. SEKHAR INCOME TAX TRIBUNAL APPEAL No. 369 of 2017 JUDGMENT:- (per Hon’ble Sri Justice G.Narendar) 1.The learned counsel for the Appellant-Department has[filed]a memo into Court, including a copy of the circular whereby, theAppellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any Appeals orPetitions, wherethe monetary stakesinvolvedarelessthanRs.2 Crores and hence, he prays leave of the Court[to][ withdraw]the Appeal.a memo into Court, including a copy of the circular whereby, theAppellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any Appeals orPetitions, wherethe monetary stakesinvolvedarelessthanRs.2 Crores and hence, he prays leave of the Court[to][ withdraw]the Appeal. 2.Submission is placed on record. 3.Accordingly,the Appealisdismissedas withdrawn.No costs. As a sequel thereto, the miscellaneouspetitions,if any oendinq in this Aooeal shall stand closed. SD/- E.KAMESWARA RAOJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To, 1. The Income Tax Appellate Tribunal, Visakhapatnam Bench,VisakhapatamVisakhapatam 2. One CC to SRI. B Narasimha Sarma Advocate 3. One CC to SRI. G V N Hah Advocate 4. THREE CD COPIES PR HIGH COURT DATED:07/11/2024 ORDER ITTA.No.369 of 2017 0r?/X10 MAR 2025m09I^ Current Section'V.'^-^^••'3TC'3* DISMISSING THE APPEAL AS WITHDRAWN
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