Itta/587/2013 Of Commissioner Of Income Tax-V v. Jagadamba Pearls Dealers

IN THE HIGH AT HYDERABAD MONDAY,THE rwo rHbusAND [FlvE] PRESENT THE HON'BLE ANDTHE HON'BLE [JUSTICE J. SREENIVAS ] INCOM [ APPEAL ][N][O: ][58][7 ][0F ][2013] lncome tax [Tribunal ][Appeal under ][Section 260-A ][of ][the ][lncome Tax ][Act']1961, against [the order ][of the ][lncome ][Tai ][Appellate ][Tribunal' ][Hyderabad ][Bench]"A" Hyderabad in l.T.A [No ][88 ][/ ][Hyd 12012 ][forAssessmentYear 2005-2006 ][dated]17 -06-2013 [preferred ][against ][the ][order ][of ][the ][Commissioner ][of ][lncome ][Tax](Appeals) - Vll, [Hyderabad ][dated ][30-12-2011 ][in ][l'T ] [No' ]['t241 ][/ ] [/ ] / [2O1O ][-11 ][preferred against ][the ][order ][of ][the ][Deputy Commissioner ][of](A)-Vll lncome [Tax, ][Central ][Circle ][4, ][Hyderabad ][daled ][31-12-2010 ][in ] [/ ] [No']AAOFSE))3BE Between: Commissioner [of lncome Tax-V, ][lT ][Towers' ] [Guards' Hyd'] ..APPELLANT AND 7 -2-7 55, [Pot Market, Secunderabad']M/s. Jagadamba [Pearls ][Dealers,] ...RESPONDENT Counsel for [the ][Appellant: Ms' B' ] [REDDY' Junior ] [Representing]Snt l.V. PRASAD, [Senior ] [for ] [Department] Gounsel for the [ResPondents: ][--]The Court delivered [the ][following ][Judgment ][:] THE HON'BLE THE CIIIEF JUSTICE AIOK ARADHE AND THE HON'BLE SRI JUSTICE J.SREENIVAS RAO INCOME TA)( TRIBUNAL APPEAL No.587 of 2Ol3 JUDGMENT: (Per tLLe llotl,bte the Chief Justice Alok Aradhe) Ms. IS.Sapna Reddy, learned Junior Standingcounsel representing Mr. J.v.prasad, rearned SeniorStanding Counsei for Income Tax Department Ibr theappellarrt. 2. Learned counsel for the appellant seeks leave of thisCourt to withdraw the appeal in the light of the CircularNo.O9/2024, d,ated. 1.2.O9.2O24, with the liberty to revivethe same in ,:ase the subject matter of the appeal falls inany of the exceptions provided in the Circu lar No.S,/2O24dated 15.03.2024. 3. AccordirLgiy, the appeal is dismissed as withdrawn interms of the liberty as prayed for. I( Miscellaneousapplicationspending'ifany'shall stand closed. [However, ][there shall ][be ][no ][order ][as ][to ][costs'] Sd/.X.SRINIVASA //TRUE COPY// SEN OFFICER To 1. The lncome [Tax ][Appellate Tribunal, ].Hyderabad [Bench "A" Hyderabad].Hyderabad [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 [Sri ][J.V. PRASAD, ][Advocate ] 5. Two CD [CoPies] KuVgha .t HIGH COURT DATED:06/01/202S JUDGMENT ITTA.No.587 of 2013 DISMISSING TI]E I1'TA ASWIT}IDR-{WNWIT}IDR-{WN fr[,IW] 'F.1HE[si][ /)]/C(o[\i]1i..(07 iit 7til* Dr-il Spa.rr-' -r