Itta/562/2013 Of Commissioner Of Income Tax-V v. M/S Jagadamba Pearls Dealers

l\ [ [3418l] rN rHE HrcH "orTfSIoE*. B*E oF TELANGANA M9I?TY.THE SIXTH DAY OF JANUARYTWO THOUSAND AND TWENry FIVE PRESENT THE HON'BLE THE CHIEF JUSTICE ALOK ARADHE ANDTHE HON'BLE SRI JUSTICE J. SREENIVAS RAOINCOMETAX TRIBUNAL APPEALNo: 562 oI 2013 Appeal filed under Section 260_4 of the lncome Tax Act, .196.1 against theOrder dated 17-06-2013 passed in l.T.A No.90/Hyd t2012 for Assessment yearOrder dated 17-06-2013 passed in l.T.A No.90/Hyd t2012 for Assessment year2007 -2008 on the file of the lncome Tax Appellate Tribunal, Bench_,A,,Hyderabad preferred against the Order dated 30_12_2011 passed in ITANo 1243l DCrr cc-4iclr(A)-Vr201o-11 0n the fire of the commissioner oflncome Tax (Appears) -V,' Hyderabad preferred against the Assessment orderdated 31-12-2010 passed in p.A.N./G.r.R. No.AAOFS0038E on the fire of thelncome Tax (Appears) -V,' Hyderabad preferred against the Assessment orderdated 31-12-2010 passed in p.A.N./G.r.R. No.AAOFS0038E on the fire of theDeputy Commissioner of lncome Tax, Central Circle _ 4, Hyderabad. Between: Commissioner of lncome Tax_V, lT Towers, A.C.Guards, Hyderabad ...AppellanURespondent AND M/s Jagadamba pearls Dealers, Z_2-ZiS, pot Market, Secunderabad. ...RespondenUAppellantcounser for the Apperant:Ms- B. Mr. J.V. [prasad, ]senior Standins c;;;;;il;;i;;;" saprra Reddy, standing rax c-ounser Departmentrepresenting Counsel for the Respondent: Sri A.V. Raghu RamThe Court detivered the foilowing: JUDGMENT THE HON'B [ JUSTIC][ E ][AI,OK ARADHE] ANDTHE HON'BLE [S] [J.] INCOME TAX [ APPEAL][ No.562 ][of ][2O13] JUDGMENT:[(nlr ][the ][llon'ble ][the ][ClLief ][Justtce AIok Atodhe)] Ms. B.lSapna Reddy, [learned ][Junior ][Standing]Counsel representing [Mr- ][J.V. ][Prasad, ][learned ][Senior]Standing Cottnsel for [Income ][Tax ][Department ][for ][the]appellant. 2. Learned counsel for [the ][appellant ][seeks ][leave ][of ][this]Court to withdraw [the ][appeal ][in ][the ][light ][of ][the ][Circular]No.O9/2024, dated 17.09.2024, [wtth the liberty ][to ][revive]the same in [c:ase ][the ][subject ][matter ][of ][the ][appeal ][falls ][in]any of the exceptions [provided ][in ][the Circular ][No'5,12O24]dated 15.O3.2024. .)Accordirrgly, the [appeal ][is ][dismissed ][as ][withdrawn ][rn]terms of the [libertY ][as ]PraYed [for.]terms of the [libertY ][as ]PraYed [for.] r( €'I Miscellaneous applications pending, if any, shall stand closed. However, there shall be no order as to costs. A.V.S.S.C.S.M. SARMAJOINT REGISTRA*r/SN OFFICER //TRUE COPY// To, 1. The lncome Tax Appellate Tribunal, Bench-'A', Hyderabad. 2. The Commissioner of lncome Tax (Appeals) -Vll, Hyderabad. 3. The Deputy Commissioner of lncome Tax, Central Circle - 4, Hyderabad. 4. One CC to ['Mr. ]J.V. Prasad, Senior Standing Counsel for lncome TaxDepartment Department 5. One CC to Sri A.V. Raghu Ram, Advocate 6. Two CD Gopies kam/gh @^ HIGH COURT DATED:0610112025 JUDGMENT ITTA.No.562 ot 2013 THE APPEAL ISDISMISSED ASWITHDRAWN ol[v\] e [SrA, ]r(l(-/J3[1]JAi2025cOa-*,a)SDTc=