Case LawHigh Court › Itta v. M/S Sri Sai Lakshmi Construction...

Itta v. M/S Sri Sai Lakshmi Constructions & Co., Vja, Krishna Dist

High Court 19 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta v. M/S Sri Sai Lakshmi Constructions & Co., Vja, Krishna Dist
Date of order
19 Nov 2024
Assessment year(s)
2009-10
Outcome
Dismissed

Case summary

In Itta v. M/S Sri Sai Lakshmi Constructions & Co., Vja, Krishna Dist, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.

Decision: 3.Accordingly, the appeal is dismissed as withdrawn.[No][ costs.] As a sequel thereto, the miscellaneous petitions,if[any,][ pending][ in][ this] appeal shall stand closed.

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 :: AMARAVATI TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOURPRESENTHON’BLE SRI JUSTICE G.NARENDARANDHON’BLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No: 461 OF 2017 Between: The Pr. Commissioner of Income Tax,Guntur. ...APPELLANT AND M/s. Sri Sai Lakshmi Constructions & CO., D.No. 59-7-11/2, Sri Sai NilayamAcharya Ranga Street, Ramachandra Nagar, Vijayawada[-][ 520][ 008.] ...RESPONDENT Appeal under section 260A of the Income Tax Act,1961,[against]orderoftheIncomeTaxAppellateTribunal,VisakhapatnamBench,Visakhapatnam,inI.T.A. No.263/Vizag/2015, dated 26-09-2016for A.Y.2009-10. Counsel for the Appellant: SRI. J V PRASAD (SC FOR [ TAX)] Counsel for the Respondent: SRI. K. VASANTKUMAR The Court made the following: ORDER APHC010404212017 IN THE HIGH COURT OF ANDHRA PRADESHAT AMARAVATI[3507](Special Original Jurisdiction) TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOURPRESENT THE HONOURABLE SRI JUSTICE G.NARENDARTHE HONOURABLE SRI JUSTICE T.C.D.SEKHARINCOME TAX TRIBUNAL APPEAL NO: 461/2Q17 Between: The PrI Commr Of Income Tax, Vja, Krishna Dist...APPELLANT AND M/s Sri Sai Lakshmi Constructions Co Vja Krishna Dist...RESPONDENT Counsel for the Appellant: 1.J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1.KVASANTKUMAR The Court made the following: 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, the[appellant-Department][ has]formulated a litigation policy and under the said policy,it has been resolvednot to initiate any appeals or petitions, where the[monetary][ stakes][ involved]areless than Rs.2 Crores and hence, he prays leave of[the][ Court][ to][ withdraw]the appeal. 2.Submission is placed on record. 3.Accordingly, the appeal is 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// SECTION OFFICER To 1. The Income Tax Appellate Tribunal, Visakhapatnam[Bench,] Visakhapatnam. One CC to Sri J.V. Prasad, SC for Income Tax g. One CC to Sri K. Vasantkumar, Advocate Three CD Copies GLM ns HIGH COURT DATED:19/11/2024 ORDER ITTA.No.461 of 2017 DISMISSING THE ITTAAS WITHDRAWN. O07MAH2K5 |Current SectiontoEsPA-XCy^f^
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