Itta/493/2018 Of The Pr. Comissioner Of Income -Tax v. Effronics Systems Pvt Ltd

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENTHONOURABLE SRI JUSTICE G.NARENDARANDHONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.493 of 2018 Appeal under Section 260 A of Income Tax Act, aggrieved by theorder dated 09.03.2018 in I.T.A.No.61A/izag/2017 (Assessment year 2008-09) before theHon'ble Income Tax Appellate Tribunal, VisakhapatnamBench,atVisakhapatnamandpreferredagainsttheorderoftheCommissioner of Income Tax (Appeals), Vijayawada, dated[23.09.2016]bearing ITANos. 134 & 133/CIT(A)A/JA/15-16 and preferred against theorderoftheAssistantCommissionerofIncome-Tax,Circle-2(1),Vijayawadain PAN/GIR.No. /A.Y.2008-09/ACIT/ Circle-2(1)/Vijayawada, dated 31.03.2015. Between: The Principal Commissioner of Income - Tax, Vijayawada. AND ...Appellant M/s. Efftronics Systems Pvt. Ltd., 40-15-9, Brindavan Colony, LabbipetVijayawada. ...Respondent Counsel for the Appellant: Sri J V Prasad (SC for Income Tax)Counsel for the Respondent: None Appeared The Court made the following: APHC010568342018IN THE HIGH COURT OF ANDHRAPRADESHAT AMARAVATI(Special Original Jurisdiction) [3507] TUESDAY ,THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDAR THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL NO: 493/2018 Between: The Pr. Comissioner Of Income -tax ...APPELLANT AND Effronics Systems Pvt Ltd ...RESPONDENT Counsel for the Appellant; 1.J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1. The Court made the following: (per Hon’ble Sri Justice[G.Narendar)] The learned counsel for the appellant-Department has[filed]a memo into Court, including a copy of the circular whereby, theappellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any appeals orpetitions,wherethe monetarystakesinvolvedarelessthanRs.2 Crores and hence, he prays leave of the Court[to][ withdraw]the appeal. 2.Submission is placed on record. 3.Accordingly,the appealis dismissed as withdrawn.No costs. As a sequel thereto, the miscellaneous petitions, if[any]pending in this appeal shall stand closed. SD/- P VENKATA RAMANAJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To 1. TheIncomeTax AppellateTribunal, VisakhapatnamBench,atVisakhapatnam.Visakhapatnam. 2. The Commissioner of Income Tax (Appeals), Vijayawada,KrishnaDistrict.District. 3. The AssistantCommissioner of Income-Tax, Circle-2(1), Vijayawada, Krishna District. 4. One CC to Sri J V Prasad (SC for Income Tax) 5. Three CD Copies TKsree HIGH COURT DATED:19/11/2024 JUDGMENT iTTA.No.493 of 2018 %2 5 FEB 2025Co^. Current Section DISMISSING THE I.T.T.A. AS WITHDRAWNWITHOUT COSTS