Itta/478/2013 Of Albany Molecular Reasearch Hyderabad v. Asst Commissioner Of Income Tax

HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD THURSDAY, THE TWENTY NINTH DAY OF APRILTWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE M.S.RAMACHANDRA RAOANDTHE HONOURABLE SRI JUSTICE T.VINOD KUMAR t.A.NO.1 0F 2021IN/AND INCOME TAX TRIBUNAL APPEAL NO: 478 OF 2013 lncome Tax Tribunal Appeal Under Section 260 of the lncome Tax Act, againstthe order of the lncome Tax Appellate Tribunal, Hyderabad Bench ['B', ][Hyderabad ][in]lTA.No.1625/H12010, tor assessment [year ]2006-2007 dated 19.04.2013 [preferred]against the Order of the Commissioner of [lncome ][Tax, ][Hyderabad, ][preferred against]the Order of the Deputy Commissioner of [lncome ]Tax [Transfer ][Pricing-ll']PAN/GlR.No.AAAFCA1469D dated 25.06.2013. Between: Albany tVlolecular Reasearch Hyderabad, [Research Centre Pvt. Ltd, ][Hyderabad.] ...APPELLANT AND The Assistant Commissioner of lncome [Tax, Circle-1 (1), ][Hyderabad.] ...RESPONDENT r.A.NO.1 0F 2021 Petition Under Section 151 [of ][cPC ][praying ][that ][in ][the ][circumstances ][stated ][in]the Memorandum of Grounds [of ][ITTA, ][the ][High ][court ][may ][be ][pleased ][to ][permit ][the]Appellant company to withdraw [the ][present Appeal ][for ][Assessment ][Year ][2006-2007]bearing ITTA.No.478 ol 2013 [under ][the ][vsv ][scheme ][in ][the ][interest ][of ][Justice ][and ][be]pleased to pass such other order or orders. Counsel for the Appellant: [SRl. ][Y' ] Counsel forthe [Respondent: ][SRl. ][K. RAJI ] (SENIOR SC FOR INCOME TAX DEPT) The Court delivered the [following: ] HONOURABI.,E SRI JUSTICE M.S.RAMACHANDRA RAO AND HONOUIIABLE SRI JUSTICE T.VINOD KUMAR IA.No.1 of 2O2Lln andITTA.No.478 of 2O13 JUDGMENT: per Si Justice IuL S. Ramachandra Rao) Counsel for the appellant has frled IA.No.l of 2021seeking permission to withdraw the Appeal on the groundthat the Designated Authority has passed orderdt.05.04.2021 in Form-3 under Vivaad Se Vishwas Act,2020. 2. In view of the same, IA.No.I of 2O2L is allowed andconsequently, the Appeal is dismissed as withdrarvn. Noorder as to costs. 3. Miscellaneous petitions pending, if arry, shallstand closed. Sd/- K.SRINIVAS RAOJOINT REGISTRAR)\-.- //TRUE COPY// SECTION OFFICER To, 1. The lncome Tax Appellate Tribunal Hyderabad ['B' ][Bench, ][Hyderabad.] 2. One CC to Sri Y. Ratnakar, Advocate IOPUCI 3. One CC to Sri. K. Raji Reddy [(Senior ]SC [for ][lncome ][Tax ][Dept) ] 4. Two CD Copiesgbr\ M. HIGH COURT DATED: 2910412021 JUDGMENT!.A.NO.1 0F 2021IN/ANDITTA.No.4tB of 2013 DISMISSING THE CMAAS WITHDRAWN t[b] 1HESrA 14:ik5[e]oo10 [2021](:i"c..\'*n n