Itta/60/2024 Of The Pr. Commissioner Of Income-Tax-4 v. M/S.nsl Nagapatnam Power Ventures Private Limited

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD TUESDAY, THE TWENTY FOURTH DAY OF SEPTEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HON'BLE SRI JUSTICE SUJOY PAULANDTHE HON'BLE SRI JUSTICE NAMAVARAPU RAJESHWAR RAO INCOME TAX TRIBUNAL APPEAL No: 60 of 2024 Income tax Tribunar Appear under section 260-A of the rncome rax Act, 1961,against the order of the Income Tax Appelate Tribunar, Hyderabad Bench ,8,,Hyderabad in lrA No.1242lHydtzo19 for Assessment year 2016-11 dated 18_06_2021 preferred against the order of the commissioner of rncome Tax (Appears)-4,Hyderabad daled 24-05-2019 in Appeat No t0205/2018_1g/tTO.Wd_16(2yCIT(A)_4lHydl19-20, preferred against the order of the office of the lncome Tax officer,Ward 16(2), Hyderabad dated i 9-t 1-201 I pAN No./GtR No: AADCp9603L.Between: The Pr. Commissioner of lncome-tax-4, Hyderabad. ...Appellant AND M/s.NQL Nagapatnam power Ventures private Limited, No. 8_26g4-2_4, NSL|-"91,^ESC9 No. ['12, ]Banjara Hi[s, Hyderabad _ 50b Oa+, refangina.'pAN_*AADCP9603L.|-"91,^ESC9 No. ['12, ]Banjara Hi[s, Hyderabad _ 50b Oa+, refangina.'pAN_*AADCP9603L. ... Respondent Counsel for the Appellant: SRt J.V. PRASAD, SC FOR lT DEPARTMENT Counsel forthe Respondent: SRI A.V. RAGHU RAM The Court made the following: ORDER THE HONOURABLE SRI JUSTICE SUJOY PAUL AND THE HONOURABLE SRI JUSTICE NAMAVARAPU RAJESTIWAR RAOr.T.T.A.NO.60 0F 2024 JUDGMENT (per Hon'ble SP,J) Sri J.V.Prasad, learned Senior Stalding Counsel frrr IncomeTa-x Department, for the appellant and Sri A.V.Raghu Rarr., learnedcounsel for Lhe respondent. 2. Learned counsel for the appellalt submits that tl)e appealappears to be below the monetary limit as per thc Circular- No.O9 of2024, dated 17.O9.2024, issued by the Central Board of Dirt:ct Ta_xes.However, he may be given liberty to revive this appeal, if, it falts urthinthe exception clauses of Circular No.5 of 2024, dared 15.03.202.1. 3. The other side has no objection. 4. Accordingly, this Appeal is dismissed as rruiLhdran'n, rrvithliberty prayed for. No costs. As a sequel, miscellaneous petitions pellding, il any, shall stand closed. SD/.K.SRINIVASA RAOJOTNTIREGTSTRAR\. ).t-_-_: //TRUE COPY// SECTION OFFICER To, 1. The lncome Tax Appellate Tribunal, Hyderabad Bench ['B', ]Hyderabad 2. The Commissioner of lncome Tax (Appeals)-4, Hyderabad 3. The lncome Tax Officer, Ward 16(2), Hyderabad Il4 One CC to SRI J.V. PRASAD, SC FOR lT DEPARTIVENT 5. One CC to SRI A.V. RAGHU RAM, Advocate 6. Two CD Copieskam5. One CC to SRI A.V. RAGHU RAM, Advocate 6. Two CD Copieskam HIGH COURT DATED:2410912024 JUDGMENT ITTA.No.60 of 2024 THIS APPEAL ISDISMISSED ASWITHDRAWN 2r\t' cidpe(..\ ,, a_. .rri-