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Itta/510/2018 Of The Principal Commissioner Of Income Tax-I v. M/S Vsr Infotech

High Court 29 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · aphc
Parties
Itta/510/2018 Of The Principal Commissioner Of Income Tax-I v. M/S Vsr Infotech
Date of order
29 Nov 2024
Assessment year(s)
2008-09
Outcome
Dismissed

Case summary

In Itta/510/2018 Of The Principal Commissioner Of Income Tax-I v. M/S Vsr Infotech, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.

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

The order — as passed by the High Court

t■ IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI FRIDAY, THE TWENTY NINETH DAY OF NOVEMBER TWO THOUSAND AND TWENTY FOUR PRESENT HON’BLE SRI JUSTICE G.NARENDAR ANDHON’BLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.510 of 2018 Appeal under Section 260 A of Income Tax Act, aggrieved[by][ the]orderdated28.02.2018inI.T.A.No.373/Vizag/2016(Assessmentyear2008-09)beforetheHon'bleIncomeTaxAppellateTribunal,Visakhapatnam Bench, at Visakhapatnam and preferred[against][ the][ order]of the Commissioner of Income Tax-1, Visakhapatnam,[dated][ 30.03.2015]bearing F.No.CIT-1/VSP/263/11/2014-15 and preferred[against][ the][ order][ of]theIncome-TaxOfficerWard-3(2),VisakhapatnaminPAN/GIR.No.AAFFV8176P/A.Y.2008-09/ITO/WARD-3(2)/Visakhapatnam,dated 17.12.2012. Between: The Principal Commissioner of Income Tax-1, Visakhapatnam. ...Appellant AND M/s. VSR Infotech, D.No.9-42-9/31, Flat No.504, Mahalakshmi[Towers]Balajinagar, Visakhapatnam. ...Respondent Counsel for the Appellant: Smt Aishwarya( Junior SC for Income Tax Department) Counsel for the Respondent: Sri G V N Hari The Court made the following: ORDER THE HONOURABLE SRI JUSTICE G. NARENDAR AND THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.510 of 2018 JUDGMENT:(per Hon’ble Sri Justice G. Narendar) Smt. Aishwarya, learned junior Standing Counsel for[Income][ Tax]appearing for the appellant, submits that the respondent has opted forVivaad se Vishwaas scheme and its application has been[admitted.] In that view of the matter, the appeal is rendered[infructuous.]The submission is placed on record. The Appealisdismissedassettled.Asasequel,pendinginterlocutory applications,if any, shall stand closed.[There][ shall][ be no]order as to costs. SDI- E KAMESWARA RAO JOINT REGISTRAR ■ //TRUE COPY// SECTION OFFICER To•'ui 1. The Income Tax Appellate Tribunal, Visakhapatnam[Bench,][ at]VisakhapatnamVisakhapatnam 2.The Commissioner of Income Tax-1, Visakhapatnam,Visakhapatnam District.Visakhapatnam District. 3. The Income-Tax Officer, Ward-3(2), Visakhapatnam,[Visakhapatnam]District.District. 4. One CC to Smt Aishwarya (SC for Income Tax Department),[Advocate] 5. One CC to Sri G V N Hah, Advocate 6. Three CD Copies HIGH COURT DATED:29/11/2024 ORDER c0 7 MAR 2025^. Current Section ^ ITTA.No.510 of 2018 DISMISSING STHE ITTA AS SETTLED
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