Itta/395/2016 Of Thee Commissisoner Of Income Tax-Iv v. M/S.nmdc Ltd

IN THE HIGH COURT FOR AT HYDERABAD N4ONDAY, THE THIRTEENTH TWO THOUSAND AND TWENTY PRESENTTHE HONOURABLE SRI JUSTICE ANDTHE HONOURABLE SMT [JUSTICE P.MADHAVI ] INCOME TAX TRIBUNAL [NO: ][395 ] [2016] lncome Tax Trrbunal Appeal [under ][section ][260-A of ][the ][lncome Tax Act, against]the order of the lncome [Tax Appellate Tribunal, Hyderabad Bench ]['A' ][Hyderabad ][in ] No.1080/H/1-, for Assessment [Year ][2006-07, ][dated ][31812012 ][preferred ][against ][the]order of the commissioner [of lncome Tax (Appeals)-V, Hyderabad in ITA No.0245/Addl]ctT-16/C|T(A)-V/2008-2009 [daled ][28t0512010 ][preferred against ][the ][order ][of ][the]Additional Commissioner of lncome [Tax, ][Range-'16, ][Hyderabad ][PAN/GlR]No. dated [241 ][1 ][2l20oa] Between: The Commissioner of lncome [Tax-lV, ][Hyderabad.] ...APPELLANT/RESPONDENT AND It//s. NMDC Ltd., Khanij Bhavan, [10-3-3'1 ][1/A, ][Castle Hills, ][Irlasab ][Tank, Hyderabad'] .,.RESPONDENT/APPELLANT For the Appellant : SRI J.V.PRASAD, TAX DEPARTMENT For the Respondent : SRI [P.KARTHIK ][RAMANA, ] SRl.S. DWARAKANATH, Advocate The Coud delivered the following: TIONOL RAI}LE, SIII JUSTICE [I.].IJAL I}HUYAN]ANDHONOUIT \BLE SMl'..IUSTICE [P. ] [I)[-\ ][I] L['t.T.A.No.395 ]OF 2016 .fu DGMEN'I-:[(P r ]Han'ble [Sri ][.lustice Ujjcrl ][Bhu.van)] lleard Mr.J V.Prasad, [learned Standing ][Counsel ][tbr ][the ][appellant-]lncome Tax [Dep ][rrtr.nent ][and ][Mr.P.Karthik ][Ramana. ][learned ][counsel]Mr.! [.Dwarakanath. ][learned ][counsel ][fi)r ][the ][respondcnt-]representing assess ee, 2. This appeal by the revenue [under Section ][260A ][of ][the ][lncolne Tax]Act, 196l is dirt;ted [against ][the ][order ][of ][the ][Income ][1'ax ][Appellate]Tribunal in ITA l o.1080/Hyd/2010 [dated ][03.08 ][2012 ][fbr ][the ][assessrrenl]year 2006-07. 3. lt is subrn ttcd the rcspondcnt-assessee [has ][scltlcd ][thc ][rrattcr]under the Vivad ie Vishrvas Scherte [rvhich ][has ][becn ][approled ][bv ][the]lncotnc [-[-ax ]DcPr ltmcnt. 4. [n that vit w of the matter. appellant [seeks ][to ][rvithdraw ][the] appeal. 5. Appeal is, rccordingly, disposed [of ][on ][withdlawal.] 6. Miscellane rus applications, ilany [pending, shall ][stand closed.] 7 . No costs. Sd/-B.S.CHIRANJEEVIJOINT REGISTRAR/TTRUE coPY/t (iSECTION OFFICER To1. The lncome The lncome lncome [Tax ] [rpellate ][Tribunal, Bench ]['A'.H.yderabad'] 1. The lncome The lncome lncome i. i't;; b;;;lssione:bf [lncome Tax (Appeals)-V, Hvderabad']i. i't;; b;;;lssione:bf [lncome Tax (Appeals)-V, Hvderabad'] 5. riie Aooiiional [co ][nmissioner of tnboine ][Tai, ][Range-16, Hyderabad.^]i. OnL CC tJdri [J.V ][Prasad-, ][Senior Standing Counsel ][for ][lncome ][Tax ][Department](oPUC)s. bne-Ci to Sri [S.E ][warakanath, Advocate (OPUC)]i. OnL CC tJdri [J.V ][Prasad-, ][Senior Standing Counsel ][for ][lncome ][Tax ][Department](oPUC)s. bne-Ci to Sri [S.E ][warakanath, Advocate (OPUC)] 6. Two CD [CoPies] 7. One Spare [CoPY]Kj.NvKj.Nv HIGH COURT DATED:1311212021 JUDGMENT ITTA.No.395 of 2016 DISPOSING OF ITTA ON [COSTS.] q"{^" 1[lll][€ ][SrAr][t](t\i [os ][,trt'tzozz ]iDFspr-Te't*