Itta/372/2018 Of The Principal Commissioner Of Income Tax v. A.p. State Warehousing Corporation

IN THE HIGH COURT OF ANDHRA PRADESH :: AMARAVATI TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDAR AND THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No: 372 OF 2018 Between: The Principal Commissioner of Income Tax, Vijayawada ...APPELLANT AND A.P. State Warehousing Corporation, D.No.11-9411, K.[Shankar][ Rao][ Street]Beside Jointcare Time Hospital and More Super Market, Ashok Nagar,Kanuru, Vijayawada. ...RESPONDENT Appeal under section 260A of the Income Tax Act, 1961,[against]orderoftheIncomeTaxAppellateTribunal,HyderabadBench‘B’, Hyderabadin I.T.A.No.1006/Hyd/2017, for Assessment[Year][ 2012-13,]dated 3110.2017. Counsel for the Appellant: SRI. J.V. PRASAD (SC FOR INCOME[TAX)]Counsel for the Respondent: NONE APPEAREDThe Court delivered the following Judgment: s APHC010389172018IN THE HIGH COURT OF ANDHRAPRADESHAT AMARAVATI(Special Original Jurisdiction) [3507] %’TUESDAY,THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARTHE HONOURABLE SRI JUSTICE T.C.D.SEKHARINCOME TAX TRIBUNAL APPEAL NO: 372/2018 Between: The Principal Commissioner Of Income Tax ...APPELLANT AND A P State Warehousing Corporation ...RESPONDENT Counsel for the Appellant: 1.J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1. The Court made the following: (per Hon’ble Sri Justice G.Narendar) 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 appealsorpetitions, where the monetary stakes involvedarelessthanRs.2 Crores and hence, he prays leave of the Court to withdrawthe appeal. 2.Submission is placed on record. 3.Accordingly,the appealis dismissed as withdrawn.No costs. As a sequel thereto, the miscellaneous petitions, if any,pending in this appeal shall stand closed. SD/- P VENKATA RAMANA JOINT REGISTRAR //TRUE COPY// SECTIo(iol=fTCER To 1. The Income Tax Appellate Tribunal, Hyderabad Bench[‘B’,][ Hyderabad.] 2. One CC to Sri J V Prasad, SC for Income Tax, 3. Three CD Copies GLM vna HIGH COURT DATED:19/11/2024 JUDGMENT: ITTA.No.372of 2018 DISMISSING THE ITTAAS WITHDRAWN V-'oT•A.,rfUi0 5 MAR 2025&r^SPATCH^.#^