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Decision: 3.Accordingly, the appeal is dismissed as withdrawn.[No][ costs.]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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