Itta/560/2013 Of Commissioner Of Income Tax-V v. M/S Jagadamba Pearls Dealers

IN THE HIGH AT HYDERABAD MONDAY,THE TWO THOUSAND PRESENT THE HON'BLE ANDTHE HON'BLE [JUSTICE J. SREENIVAS RAO] INCOME TAX [NO: ][560][ oF ][2013] lncome tax Tribunal [Appeal under Section ][260-4 ][of ][the ][lncome tax ][Act' ][1961']against the [order of ].the [lncome ][Tax ][Appellate ][Tribunal' ][Hyderabad ][Bench ]["A"']Hyderabad [in l.TA.No. ][89tHydl2O12 ][for ][Assessment ][Year ][2006-07 ][dated ][17-06-]2013 [preferred against the order ][of ][the ][commissioner ][of lncome Tax (Appeals)-Vll']Hyderabaddated30-12-201,linl.T.A.No.1242tDclTCC-4/C|T(A)-Vll/2010.11'the [order ][of ][the ][Deputy Commissioner ][of ][lncome ][Tax ][' ][Central]preferred against Circle 4, [Hyderabad daled3l-12-2010 ][in ] [No ] Between: Commissioner [Of ][lncome Tax-V, lT Towers' ] [Guards' ][Hyderabad'] ...APPELLANT/ [ResPondent] AND7 -2-7 55, Pot [Market, Secunderabad']M/s. Jagadamba [Pearls ][Dealers,] ...RESPONDENT Counsel for [the ][Appellant: ]'siii.v. [Ms' ][B' ][SAPNA REDDY' ][Junior ] [representing]pnnsaD, sENloR sc FoR l'T' DEPARTMENTCounsel forthe [Respondent: ] [A' ][V' ] The Court [Delivered the ][following ][Judgment ][:] TTIE HON'BLE TIIE CHIEF JUSTICE AI,OK ARADHE AND THE HON'BLE SRI JTISTICE J.SREENIVAS RAO INCOME TA)( TRIBUNAL APPEAL No.56O of 2013 JUDGMENT: ip(,t [the ]tror [,bte ]the Chef Justbe ALok Aradhe) Ms. B.Sapna Reddy, learned Junior StandingCounsel representing Mr. J.V.prasad, learned SeniorStanding Counsel for Income Tax Department for theappellant. 2. Learned counsel for the appellant seeks leave of thisCourt to withdraw the appeal in the light of the CircularNo.O9/2024, dated 17.09.2024, with the liberty to revivethe same in case the subject matter of the appeal falls inany of the exceptions provided in the Circu lar No.5/2O24dated 15.O3.2024. 3. Accordingly, the appeal is dismissed as withdrarvn interms of the litrerty as prayed for. II Miscellaneous applications [pending, ][if ][any, ][shall] stand closed. [However, ][there shall ][be ][no ][order ][as ][to ][costs'] A.V.S.S.C.S.M. JOINGISTRAR //TRUE SECN OFFICER To1. The lncome [Tax ][Appellate Tribunal' ][Hyderabad'.Bench ]["A"' ][Hyderabad ][']2: i't. ['bl-."iissiondi ][or ][rnJorn" ][i"i ][(A[peals)' ][vll' ][Hvderabad]3. The Deputy [commissio'n?ii ][ri'-"tlitlit" ]' [i-entral'Circle ][4' ][Hvderabad]4- one [to ][Sri J.V. ][prasad'senior ] [lor ][lJ' ][Dept' ][(-qly'C]']56sffi B3 i: 7. Two ' . Two Two [ ][[GoPies]]'d*i^i''ls,l11u*tf,llffltf"'isffieuc1 67. Two ' . Two Two [ ][[GoPies]]7. Two ' . Two Two [ ][[GoPies]] kul/gh I I HIGH COURTDATED:06/0,t/2025 JUDGMENTlTTA.No.560 ot 2013 DISMISSING THE ITTAAS WITI{DRAWN. :=:-,., J'qr'--\-.,\/)i':l31 ,tAl l,iii...-\-!c,q f,l,T,-^.t\i:;a-.ri'/