Itta/39/2013 Of Commissioner Of Income Tax-Iii, Hyd v. M/S. Sujana Finance And Trading Ltd., Hyd
High Court
20 Dec 2024 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/39/2013 Of Commissioner Of Income Tax-Iii, Hyd v. M/S. Sujana Finance And Trading Ltd., Hyd
Date of order
20 Dec 2024
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/39/2013 Of Commissioner Of Income Tax-Iii, Hyd v. M/S. Sujana Finance And Trading Ltd., Hyd, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the appeal is dismissed as withdrawn in termsof the liberty as prayed for Miscellaneous applications pending, if any, shall stand closed.
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 AT HYDERABAD
FRIDAY, THE TWENTIETH DAY OF TWO THOUSAND AND TWENTY
PRESENT
THE HONOURABLE THE CHIEF JUSTICE ANDTHE HONOURABLE SRI JUSTICE
INCOME TAX TRIBUNAL APPEAL [NO: ][39 OF 2013]
Appeal filed under Section [260-4 of ][the ][lncome ][Tax Act, ][1961 against ][the]order dated 08.06.2012 [passed ][in ][l.T.A.No. 755lHydl2010 ][for ][Assessment ][year]2006-07 on the file of the [lncome ][Tax ][Appellate ][TribuRal,' ][Hyderabad Bench ]['A',]Hyderabad preferred against [the ][Order ][dated ][26.02.2010 ][passed ][in ] [No']0136/C|T(A)-GNT/2009-'10 on the [file ][of ][the commissioner ][of ][lncome Tax (Appeals)]Guntur for Assessment [Year ][2006-07, ][preferred against ][the ][Assessment ][order]dated 15.07.2009 [passed ][in ] [No. ][S-764/ ][on ][the ][file ][of ][the]Deputy Commissioner of lncome [Tax, ][Circle ]- [3(2), ][Hyderabad-]
Between:
Commissioner Of lncome Tax-lll, [HYD., ][I.T- ][Towers, ] [C. Guards, Hyderabad']
...APPellant
AND
M/S. Sujana Finance And [Trading Ltd., HYD.' Plot ][No.S/A, ][Vengalrao ][Nagar,]Hyderabad.
...ResPondent
Counsel for the Appellant: Mr. J.V. Prasad Senior Standing [Counsel ][for]lncome Tax DePartment
Counsel for the ResPondent: Mr. G.V. Ambeswar [rePresenting]MN Advocates
The Court delivered the [following:]
AND
THE HON'BLE SRI JUSTICE J.SREENIVAS RAO
INCOME TAX TRIBUNAL APPEAL No.39 of 2O13
JUDGMENT: (Per i.he Hon'ble the Chief Justice Atok Arodhe)
Mr. J.V.Prasrad, learned Senior Standing Counsel for Income TaxDepartment lor th.e appellant.
Mr. G.V.Ambeswar, learned counsel representing 1\{N Advocates
for the respondent.
2.
Learne d Senior Standing Counsel for the appellant seeks
leave of this Court to withdraw the appeal in the Iight o1' the CircularNo.O9 12024, dated 17.09.2024, witLl the liberty to revive, the same incase the subject matter of the appeal falls in any of the exceptionsprovided in the Circular No.S/2024 dated 15.O3.2024case the subject matter of the appeal falls in any of the exceptionsprovided in the Circular No.S/2024 dated 15.O3.2024
3.
3. Accordingly, the appeal is dismissed as withdrawn in termsof the liberty as prayed for
Miscellaneous applications pending, if any, shall stand closed.
However, there shall be no order as to costs.
A.V.S.S.C.S.M. SARMAJOINREGISTBAR
//TRUE COPY//
SEON OFFICER
To,
'1. The lncome Tax Appellate Tribunal, Hyderabad Bench 'A',Hyderabad.Hyderabad.2. The Commissioner of lncome Tax (Appeals) Guntur3. The Deputy [()ommissioner ]of lncome Tax, Central Circle - 3(2),Hyderabad3. The Deputy [()ommissioner ]of lncome Tax, Central Circle - 3(2),Hyderabad
i
,-
4. one cc to Mr. J.V. [Piasad ][senior ][Standing ][counsel forlncome Tax]Department Department
5. One CC to [Advocates ]
6. Two CD CoPies
DL/gh
\-,V
\
HIGH COURT
OATED:2O11212O24
IJUDGMENTIlTTA.No.39 of 2013
APPEAL IS DISMISSED AS WITHDRAWN
@
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