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Itta/72/2021 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/72/2021 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/72/2021 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.

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

The order — as passed by the High Court

[ [3418 ]] IN THE HIGH COURT FORE OF TELANGANAAT HYDHRIBIf MSL?{Y, rHE StxrH DAY oF JANUARYTWO THOUSAND AND TWENTY FIVE.. PRESENT THE HONOURABLE THE CH]EF JUSTICE ALOK ARADHErHE HoNouRABLE sRr iilr'r,., J. sREENrvAs RAo INCOME TAX TRIB UNAL APPEAL NO:72 OF 2021 Order Appear fired under dated 17.12.2019 passed section in 260-A t.T.A.No. of the 334Alrncome Tax Act, 1g6.1 against thezoo4-os on the fite of the tncome rax Appe,ate i1r::::f;ffiil::H1preferred against the order dated 30,03.2016 passed in rrA 1lGNTl2O11-12 Nos277/Crr(A)-on the file of the prefened against the AsCommissioner of lncome Tax (Appeals) _ .1, GunturNo AAG FA5343Q on the,,=T:IJJ,:I #T,:ffi :1":"#:T:.':.:#Circle - 2(1),Guntur.Between: Principal Commissioner ofuuards, Masabtank, nrr..'ilrt31e0oTax-1, [7th ][Floor, ]A-Block, l.T.Towers, A. c.uuards, Masabtank, nrr..'ilrt31e0oTax-1, [7th ][Floor, ]A-Block, l.T.Towers, A. c. AND ...Appellant ffilffi fl#i:3,:#eX'.:fl [::?:.,;.;l#SSl"i,y"l"";,&i&,yft ]::swariMekins ...Respondents counse, ror the Appet'ant :1,r. xT$l:":!fi [:H::1""*"1l;"'] Counsel for the Respondent :Sri A V A Siva Kartikeya The Court delivered the following: I THE HON[,BLE ] [ ARADHE] ANDTIIE HON'BLE [J.] INCOME JUDGMENT: Ce' [the ][Hon'ble ][the Chief ][Justice ][AIok ][Aradhe)] Ms. B.Sapna [Reddy, learned ][Junior ][Standing]Counsel representing [Mr. ][J'V'Prasad, Iearned ][Senior]Counsel [for ][Income ][Tax ][Department ][for ][the]Standing appellant. 2. Learnerl counsel [for ][the appellant ][seeks ][leave ][o[ this]Court to [witl-rdraw ][the ][appeal ][in ][the ][light ][of ][the ][Circular]No.O9 12024, dated [17.09.2O24, ][with the liberty ][to ][revive]the same in [case ][the ][subject ][matter ][of ][the ][appeai ][falls ][in]of the [e;<ceptions ][provided ][in ][the ][Circular No':il2024]any dated 15.O3.12024. 3. Accordlngly, the [appeal ][is ][dismissed ][as ][withdrawn ][in]terms of the [libertY ][as ]PraYed [for'] ( Miscellaneous applications pending, if any, shall stand closed. However, there shall be no order as to costs. Sd/. K. SRINIVASA RAOJNT REGISTRAR //TRUE COPYII \ CTION OFFICER To, The lncome Tax Appellate Tribunal, Bench-B, Hyderabad. 1 The Commissioner of lncome Tax (Appeals) (Appeals) - 1, Guntur.1, Guntur.Guntur. 2The Commissioner of lncome Tax (Appeals) (Appeals) - 1, Guntur.1, Guntur.Guntur.3The Assistant Commissioner of lncome Tax, Central Circle -2(1),Guntur3The Assistant Commissioner of lncome Tax, Central Circle -2(1),Guntur 4One CC to One CC to Mr. J.V. Prasad Senior Standing Counsel forlncome Tax Department [OpUC]lncome Tax Department [OpUC] One CC to Sri A V A Siva Kartikeya, Advocate tOpUClTwo CD CopiesTwo CD Copies 5. b. DUgh > HIGH DATED:06/0'll2O25 JUDGMENT lTTA.No.72 [of ][2O21] APPEAL 1tr[e ] [I6f]((]31 [i[tt ][2[?5]Coo)it*p'(\ ce i;PAI Cts
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