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Itta/71/2021 Of Principal Commissioner Of Income Tax-1 v. M/S Annapurna Business Solutions

High Court 06 Jan 2025 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/71/2021 Of Principal Commissioner Of Income Tax-1 v. M/S Annapurna Business Solutions
Date of order
06 Jan 2025
Assessment year(s)
Outcome
Dismissed

Case summary

In Itta/71/2021 Of Principal Commissioner Of Income Tax-1 v. M/S Annapurna Business Solutions, the High Court (2025) dismissed the appeal. The decision went in favour of the assessee.

Decision: According,y, the appeal is dismissed as withdrawn in terms of the liberty as prayed for. t I 41. \' Miscellaneous applications pending, if any, shall stand closed.

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 AT HYDERABAD MONDAY, TWO THOUSAND PRESENT THE HON'BLE [J] [ ARADHE] ANO THE HON'B [J.][ SREENIVAS RAO] INCOM [:71 ol ][2021] filed [under Section 260-A ][of ][the ][lncome ][Tax ][Act' ][1961 ][against ][the]Appeal Order dated [17-12-2019 ][passed ][in lTA ][No S6B/Hydt2O'15 ][for ][Assessment ][year]2009-10 on [the file ][of the ][lncome ][Tax ][Appellate ][Tribunal' ][Bench-B" ][Hyderabad]preferred against the [Order dated 31-03-2015 passed in ITA ][No ][269 ][lo ][274 ] [CIT(A)-]12t{ydl2o14-l5onthefileoftheCommissioneroflncomeTax(Appeals)-12,Hyderabad [preferred against ][the ][Assessment Order ][dated ][31-03-2013 passed ][in]P.A.N./G.I.R. [No.AAGFA5343Q ][on ][the ][file ][of ][the ][Deputy ][Commissioner ][of ][lncome]Tax, Central [Circle ]- [3, ][HYderabad'] Between:Princioal Commissioner [of ][lncome ][Tax-1], [7th ]['Floor, ][A-Block' ][l.T ][Towers' ] [C]brri[., rta*iutank, [Hyderabad - ][500 004] ...Appellant ANDM/s Annapurna [Business Solutions, 6-3-866/A'.Suite No' ][401' ][Maheswari Mekins]iil;'rl.n#t"dr;, [creenlanos ][ii-oio, ][ri"g"pet' ][Hvderabad ][ [No']AAGF5343Ol ...Respondent Counsel [for the Appellant:Ms' B' ][Sapna ][Reddy' Standing ][Counsel ][representing]Mr. J.V. Prasad, [s.nio, ][sttiJing ][Counsel ][for ][income ][Tax ][Department] Counsel [for ][the ][Respondent: ][M/s' ][A'V'A' ][Siva ][Kartikeya] The Court [delivered ][the ][following: ] \ E-l - [.--,:_ ] _.,-_- THEIION'BLE THECHIEFJUSTICEALOK ARADHEANDTHEHON'BLESRI JUSTICEJ.AS RAO INCOME TAX TRIBUNALAPPEALNo.77 of 2o21 JUDGMENT: (r,er trrc Hott 'ble the CtieJ Justrce Alok Arodhe) Ms. B.Sapna Reddy, Iearned Junior StandingCounsel representing Mr. J.V.prasad, learned SeniorStanding Co ensel for In66ms Ta_x Department frrr theappellant. 2' Learned counsel for the appellant seeks reave of thiscourt to withdrar,r, the appear in the right of the circurarNo.O9/2024, clated I2.Og.2O24, vvith the liberty to revivethe same in czLse the subject matter ol the appeal falls inany of the excr:ptions provided in the Circu lar No.S/2O24dated 15.03.20:24. 3. According,y, the appeal is dismissed as withdrawn in terms of the liberty as prayed for. t I 41. \' Miscellaneous applications pending, if any, shall stand closed. However, there shall be no order as to costs. Sd/. K. SRINIVASA RAOJOINT REGISTRARSECTN OFFICER //TRUE COPY// 1. The lncome Tax Appellate Tribunal, Bench-'B', Hyderabad. 2. The Commissioner of lncome Tax (Appeals) -12, Hyderabad_ 3. The Deputy Commissioner of lncome Tax, Central Circle - 3, Hyderabad. 4. One CC to Mr. J.V- Prasad, Senior Standing Counsel for lncome TaxDepartment Department 5. One CC to M/s. A.V.A. Siva Kartikeya, Advocate 6. Two CD Copies kam/gh @1 HIGH COURT DATED:0610112025 JUDGMENT lTTA.No.71 o12021 THE APPEAL tSDISMISSED ASWITHDRAWN .\,( triE [STAr]6/ii5(-(31 JAN [?025].:-l
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