Itta v. Sri Lingam Tulasi Prasad, Krishna Dist

IN THE HIGH COURT OF ANDHRA PRADESH :: AMARAVATI TUESDAY. THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HON’BLE SRI JUSTICE G.NARENDARAND THE HON’BLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL No: 726 OF 2017Between: The Principal Commissioner of Income Tax, Vijayawada. AND ...APPELLANT Sri Lingam Tulasi Prasad, 64-9-2, SBH Complex, Patamatalanka Vijayawada. ...RESPONDENT Appeal under section 260A of the Income Tax Act, 1961, againstorderoftheIncomeTaxAppellateTribunal,'HyderabadBench‘B’, Hyderabad in C0.60/H/2013 in ITA.No.1166/H/2013, dated 31.05.2016for A.Y. 2004-05. Counsel for the Appellant: SRI. J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: NONE APPEARED The Court delivered the following: JUDGMENT APHC010885842017IN THE HIGH COURT OF ANDHRAPRADESHAT AMARAVATI(Special Original Jurisdiction) [3507] TUESDAY, THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARTHE HONOURABLE SRI JUSTICE T.C.D.SEKHARINCOME TAX TRIBUNAL APPEAL No.726/2017 Between: The Pr Commissioner Of Income Tax, KrishnaDist ...APPELLANT AND Sri Lingam Tulasi Prasad Krishna Dist...RESPONDENT Counsel for the Appellant:1. J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1. The Court made the following: JUDGMENT:- (per Hon’ble Sri Justice G.Narendar) 1.The learned counsel for the appellant-Department has[filed]a memo into Court, including a copy of the circular whereby, theappellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any appeals orpetitions, where the monetary stakes involved are less[than Rs.2]Crores and hence, he prays leave of the Court to withdraw[the]appeal.a memo into Court, including a copy of the circular whereby, theappellant-Department has formulated a litigation policy[and][ under]the said policy,it has been resolved not to initiate any appeals orpetitions, where the monetary stakes involved are less[than Rs.2]Crores and hence, he prays leave of the Court to withdraw[the]appeal. 2.Submission is placed on record. 3.Accordingly,the appealisdismissedas withdrawn.Nocosts.costs. As a sequel thereto, the miscellaneouspetitions,if any.pending in this appeal shall stand closed. SD/- P. VENKATA RAMANAJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To 1. The Income Tax Appellate Tribunal, Hyderabad Bench[‘B’,][ Hyderabad.] 2. One CC to Sri J V Prasad, SC for Income Tax, [OPUO 3. Three CD Copies GLM ns HIGH COURT DATED:19/11/2024 JUDGMENT: ITTA.No.726 of 2017 DISMISSING THE ITTAAS WITHDRAWN. ^13 MAR 2C:3I^. Current Section. ^patcvV*^«^