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Itta/543/2012 Of Commissioner Of Income Tax v. Rvr Marine Products Pvt Ltd

High Court 05 Nov 2024 In favour of: Unclear
Forum / Bench
High Court · aphc
Parties
Itta/543/2012 Of Commissioner Of Income Tax v. Rvr Marine Products Pvt Ltd
Date of order
05 Nov 2024
Assessment year(s)
2003-04
Outcome
Other

Case summary

In Itta/543/2012 Of Commissioner Of Income Tax v. Rvr Marine Products Pvt Ltd, the High Court (2024) 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

.? H IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI TUESDAY. THE FIFTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARANDTHE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.543 of 2012 Appeal under Section 260 A of Income Tax Act, aggrieved by theorder dated 14-9-2009in ITA.No.142A/izag/2008 (Assessment year 2003-04)before theHon'ble Income Tax AppellateTribunal, VisakhapatnamBench, at Visakhapatnam and set aside the order of[the][ Commissioner][ of]Income Tax (Appeals), Rajahmundry, dated 07.12.2007 bearing AppealNo.lTA Nos.80 &81/C1 ,ELR/CIT(A),RJY/07-08 and preferred against theorderof the Assistant Commissionerof Income-Tax,Circle-1,EluruinPAN/GIR No.AABCR 9336 E, dated 25.09.2007.Between:Commissioner of Income Tax, Rajahmundry ...Petitioner AND RVR Marine Products Pvt Ltd., Balusumudi, Bhimavaram. ...Respondent Counsel for the Appellant: Sri S R AshokCounsel for the Respondent: Sri G V N HariThe Court made the following: JUDGMENT THE HONOURABLE SRI JUSTICE G. NARENDARAND THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No.543 of 2012 JUDGMENT:(per Hon’ble Sri Justice G. Narendar) Learned Senior Standing Counsel for Income Tax appearingfor the appellant, prays leave of the Court to withdraw the instantappeal, as the same falls below the monetary limits fixed by theCentral Board of Indirect Taxes and Customs vide instructions in FileNo.CBIC-160390/20/2024-JC-CBECdated06.08.2024.LearnedcounselhasalsofiledintoCourtacopyoftheletterdated18.10.2024 received from the office of the Commissioner of CentralTax,GunturCommissionerate,whichcontainsinstructionstowithdraw the appeal for the aforementioned reason. 2.Submission of the learned counsel is placed on record.[Leave]granted.granted. 3.Accordingly,theinstantappealstandsdisposedofaswithdrawn. As a sequel, pending interlocutory applications,if any,shall stand closed. There shall be no order as to costs.withdrawn. As a sequel, pending interlocutory applications,if any,shall stand closed. There shall be no order as to costs. //TRUE COPY// SD/- P VENKATA RAMANAJOINT REGISTRAR To SECTION OFFICER ' Sda'irarDfsS."^ Visakhapalnam Bench, atRajahmundry. East y' TK vna 3. The Assistant Commissioner of Income-Tax, Circle-1, Eluru, WestGodavari District.Godavari District. 4. One CC to Sri S R Ashok, Advocate 5. One CC to Sri G V N Hah, Advocate 6. Three CD Copies >•\1 HIGH COURT DATED:05/11/2024 JUDGMENT ITTA.No.543 of 2012 13 FEB 2025^Currttiti awcuon ^ DISPOSING OF THE ITTA AS WITHDRAWN
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