Case LawHigh Court › Itta/443/2011 Of N/S. Unicorn Agrotech L...

Itta/443/2011 Of N/S. Unicorn Agrotech Ltd., Secbad v. The Asst. Commissioner Of Income Tax, Hyd

High Court 16 Mar 2021 In favour of: Revenue
Forum / Bench
High Court · taphc
Parties
Itta/443/2011 Of N/S. Unicorn Agrotech Ltd., Secbad v. The Asst. Commissioner Of Income Tax, Hyd
Date of order
16 Mar 2021
Assessment year(s)
Outcome
Dismissed

Case summary

In Itta/443/2011 Of N/S. Unicorn Agrotech Ltd., Secbad v. The Asst. Commissioner Of Income Tax, Hyd, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD TUESDAY, THE SIXTEENTH DAY OF MARCHTWO THOUSAND AND TWENTY ONE PRESENTTHE HONOURABLE SRt JUSTICE M.S.RAMACHANDRA ANDTHE HONOURABLE SRI JUSTICE T.VINOD KUMAR I.T,T.A. NOi 443 0F 2011 lncome Tax Tribunal Appeal under Section 260-4 of the lncome Tax [Act, ][1961,]against the order of the lncome Tax Appellate [Tribunal, ][Hyderabad ][Bench ]['B']Hyderabad in ITA No.765/Hydl20o7 for Assessment [Year ][1999-2000 ][dated ][11lOBl2O11]preferred against the order of the Commissioner of lncome Tax (Appeals)-lV,Hyderabad in Appeal No.0419/DC-(3)3 (ClT(A)-lV/2006-07 dated 3110512007, [preferred]against the order of the Deputy Commissioner of lncome Tax, Circle-3(3), [in ] No.AAACU2TB2JIU-9 daled:28 I 1 1 12006. Between: tt//s. UNICORN AGROTECH LTD., A Private Limited Company, Having its RegisteredOffice at Plot No.3, Unicorn House, Balaji Enclave, Near Gunrock, Diamond Point,Transport Road, Karkhana, Secundera bad-500009 Rep. by its Director Amul SanghaniS/o B.C.Sanghani, 52 yrs, R/o.Plot No.70 & 71 , P & T Colony, Secunderabad-O9. ...APPELLANT AND The Asst. Commissioner of lncome Tax, Circle-3(3), Hyderabad ...RESPONDENT For the Appellant : SRI CH.PUSHYAM KIRAN, Advocate For the Respondent : SRI B.NARASIMHA SARMA,SC FOR INCOME TAX DEPARTMENT The Courtieifu/.fdthe following: JUDGMENT THE HONOURABLE SRI JUSTICE M.S.RAMACHANDITA RAO AND THE HONOURABLE SRI JUSTICE T. VINOD KUMAR I.T.T.A.No.443 of 201I JUDGMENT: (Per Hon'ble Sri Justice M.S. Ramachandra Rao) Leamed counsel for appellant seeks to witl.rdraw this Appeal toapproach the respondents under the Direct Taxes [(Vivad ]Se Vishwas)Act,2020. Having regard to the said submission, this appeal is dismissedas withdrawn, with liberty to approach this Couft in the event there [is]no resolution of the dispute of the petitioner with the Departmentunder the said Act. No costs. As a sequel, miscellaneous petitions pending, if any, shall standclosed. Sd/.B.S.CHIRANJEEVIJOINT REGISTRARK'/ ,TRUE COPY// SECTION OFFICER To1.The lncome Tax Appellate [Tribunal, ][Hyggrabad ].B P.e^lch, [Hyderabad']2.ih" Arliitant Comririssioner [of ][l ][ncomi-' ][Tax, Circle-3(3), Hyderabad']1.The lncome Tax Appellate [Tribunal, ][Hyggrabad ].B P.e^lch, [Hyderabad']2.ih" Arliitant Comririssioner [of ][l ][ncomi-' ][Tax, Circle-3(3), Hyderabad']2One CC to Sri Ch.Pushyam [Kiran, ][Advocate (OPUC)]4.o;; CC io Sri [g.Nlarasiinha Sarma, ] [for ][lncome ][Tax ][Department ][(9PUC)]5.Two CD Copiest-Kj4.o;; CC io Sri [g.Nlarasiinha Sarma, ] [for ][lncome ][Tax ][Department ][(9PUC)]5.Two CD Copiest-Kj - HIGH COURT DATED:16/03/2021 JUDGMENTITTA.No.443 ol 2011 |TTA DtSMtSSED AS WTTHDRAWN,NO COSTS. 1$E [rA]ryoo0sAPfl2021,l:*{->oC
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