Case LawHigh Court › Itta/69/2017 Of M/S Sponge Iron India Lt...

Itta/69/2017 Of M/S Sponge Iron India Ltd., Hyderabad v. Dy Commr Of Income Tax, Hyderabad

High Court 04 Jun 2021 In favour of: Revenue
Forum / Bench
High Court · taphc
Parties
Itta/69/2017 Of M/S Sponge Iron India Ltd., Hyderabad v. Dy Commr Of Income Tax, Hyderabad
Date of order
04 Jun 2021
Assessment year(s)
2000-01
Outcome
Dismissed

Case summary

In Itta/69/2017 Of M/S Sponge Iron India Ltd., Hyderabad v. Dy Commr Of Income Tax, Hyderabad, the High Court (2021) dismissed the appeal. The decision went in favour of the Revenue.

Decision: In that view of the matter, [this ][appeal ][is ][dismissed as ][rvithdrar'vn]with liberty to approach [this Court ][if ][there ][is ][no settlement under the ][said]Act.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD FRIDAY, THE FOURTH DAY OF JUNETWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE M.S.RAMACHANDRA RAOAND THE HONOURABLE SRIJUSTICE T.VINOD KUMAR INCOME TAX TRIBU NAL APP EAL NO:690F 2017 (lncome Tax Tribunar Appear Under section 260 of the rncome Tax Act, againstthe order of the lncome Tax Appellate Tribunal, Hyderabad Bench ,B ,, Hyderabad inlrA No. 484 / Hyd I 2016 ( Assessment year 2000-01 ) dated 10-08-2016 preferredagainst the order of the commissioner of rncome Tax ( Appears ) 4, Hyderabaddated 29-01-2016 in Appear No. 0580 /DCrr, cir.3 (2) /14-1s /crr (A) -4 tHyd r 1s-16preferred against the order of the Deputy commissioner of lncome Tax , circle - 3 (2),Hyderabad dated 28-09-2006 in pAN/GtR No. AADCS4O4SD/S_066. Between: Mr. M/s Devinder sponge lron sinoh lndia Ahruwaria-ro-3-et1/A, Ltd.,.. [Merged with NMDC [,'Khanij ]Limited].rep"by.its Director [Finance]Ehir#,;G.itr.i-Hirir]lr,r"rr'ao'runr,,Hyderabad - 500 028 ...APPELLANT AND Dy. Commissioner of lncome Tax, Hyderabad, Circle 3[2] lncome Tax Towers,A.C.Guards, Hyderabad - 500 004 ,,,RESPONDENT Counsel for the Appellant: SRI S. DWARAKANATH Counsel forthe Respondent: NONE APPEAREDThe Court delivered the following: JUDGMENT i HONOURABLE [M.S.RAMACHANDRA ] AND HONOURABLE SRI [T.VINOD ] I.T.T.A. No.69 OF [2017] JUDGMENT i eet [Sri ][Justice ][M.s ][Ramachandra ][Raol] Learned counsel for [the ][appellant ][has ][a ][filed a ][letter ][seeking]withdrawal of this appeal [on ][the ground that the appellant wishes ][to avail]the benefits under the [Direct ][Tax ][Vivad ][Se ][Vishu'as ][Act, ][2020,]introduced by the Central [Govemment.] 2. In that view of the matter, [this ][appeal ][is ][dismissed as ][rvithdrar'vn]with liberty to approach [this Court ][if ][there ][is ][no settlement under the ][said]Act. No costs. 3. Pending tnisceilaneous petitions, if any, shall also [stand]d ism issed. SD/.M. SANTHI VARDHANIJOINT REGISTRAR& //TRUE COPY// SECTION OFFICER To, 1. The lncome Tax Appellate Tribunal, Hyderabad Bench ['B', ]Hyderabad. 2. The Commissioner of lncome Tax ( Appeals)|, 2nd Flocr Annexe. AayakarBhavan, Basheerbagh, Hyderabad.Bhavan, Basheerbagh, Hyderabad. 3. The Deputy Commissioner of lncome Tax, Circle -3 ( 2), Hyderabad. 4. One CC to Sri S.Dwarakanath, Advocate 5. Two CD Copies 6. One Spare Copy gbr&- HIGH COURT DATED: 0410612021 JUDGMENTITTA.No.69 o12017 DISMISSING THE ITTAAS WITHDRAWN. p r,'r [E 9r'9(CIoc?.gsE?lttl1jDFS"A
Facing a similar income-tax issue?
Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.
✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.
Contact Careers Media / Press · Privacy Terms Refund Cancellation Cookies Disclaimer
© 2026 EaseValue Advisors LLP · LLPIN ACN-4920 · Jaipur, Rajasthan