Case LawHigh Court › Itta/487/2011 Of M/S. Unicorn Agrotech L...

Itta/487/2011 Of M/S. Unicorn Agrotech Ltd v. The Asst. Commissioner Of Income Tax

High Court 16 Mar 2021 In favour of: Unclear
Forum / Bench
High Court · taphc
Parties
Itta/487/2011 Of M/S. Unicorn Agrotech Ltd v. The Asst. Commissioner Of Income Tax
Date of order
16 Mar 2021
Assessment year(s)
Outcome
Other

Case summary

In Itta/487/2011 Of M/S. Unicorn Agrotech Ltd v. The Asst. Commissioner Of Income Tax, the High Court (2021) decided the matter.

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

The order — as passed by the High Court

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD TUESDAY, THE SIXTEENTH DAY OF IVARCHTWO THOUSAND AND TWENTY ONE PRESENTTHE HONOURABLE SRI JUSTICE M,S.RAMACHANDRA RAOANDTHE HONOURABLE SRI JUSTICE T.VINOD KUMAR |.T.T.A. NO: 487 OF 2011 lncome Tax Tribunal Appeal under Section 260-A of the lncome Tax Act, 1g61,against the order of the lncome Tax Appellate Tribunal, Hyderabad Bench B Hyderabadin ITA No.8'19/Hydl2007 for AssessmentYear 2002-2003 dated 11108t20j1. 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, Secu ndera bad-500 009, rep. by its Director, lVr.AmulSanghani S/o.Sri B.C.Sanghani, aged 52 years, R/o.Plot NO 70 & 71, P & T Colony,Secu ndera bad-09. ...APPELLANT AND The Assistant Commissioner of lncome Tax, Circle 3(3) Hyderabad ...RESPONDENT For the Appellant : SRI CH.PUSHYAM KIRAN, Advocate For the Respondent : SRI B.NARASIMHA SHARMA, SC for lncome Tax Department The Court made the following. JUDGIVENT THE HONOURABLE SRI JUSTICE [M.S.RAMACHANDRA ] AND .I'HE HONOTJRABLE SI{I .ILiSTICE T. VINOD KUMAR I.T.T.A.No.487 of 201 I JUDGMENT:[(Per ]I-lon'ble Sri Justice N{.S. Ramachandra [Rao)] Learned counsel lor appellant seel<s to rvithdraw this [Appeal to]approach the respondents under the Direct'l-axes [(Vivad ]Se [Vishwas)]Act,2020. Having regard to the said submission, this appeal is dismissedas withdrawn, with liberty to approach this Coufi in the event there isno resolution of the dispute of the petitioner n,ith the Depar"tmentunder the said Act. No costs As a sequel, r-r-riscellaneou s petitior-rs pending. if any, shall stand closed Sd/-B.S.CHIRANJEEVIJOINT REGIRARSECTION //TRUE COPY' ToHyderabad 1. The lncome Tax Appellate Tribunal, Hygsrabad-B Bench' 2. The Assistant [Commissio"n;; ][;ii;";6 ][Tax' ][Clrcle ][-3(3)' ][Hvderabad']:. o;;'it'il [sii ][cn.iJ.nvurn ][Kiran' ][Advl:ate ][(oPUC)]4. one CC [to Sri ][e.Narasir;rra ][shli'"i' ][sCi"i ][income'Tax Department (OPUC)]5. Two CD [CoPies]Ki. \'\3p- HIGH COURT DATED:1610312021 JUDGMENTITTA.No.487 ol20'l'l STAr€r1qr:1loo0I [2021]**OF-l ITTA DISMTSSED AS WITHDRAWN [NO COSTS.] \r-\
Facing a similar income-tax issue?
Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.
✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.
Contact Careers Media / Press · Privacy Terms Refund Cancellation Cookies Disclaimer
© 2026 EaseValue Advisors LLP · LLPIN ACN-4920 · Jaipur, Rajasthan