Itta/85/2003 Of Comm Of Income Tax Hyd v. Challa Sankar Reddy Hyd
High Court
03 Sep 2014 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/85/2003 Of Comm Of Income Tax Hyd v. Challa Sankar Reddy Hyd
Date of order
03 Sep 2014
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/85/2003 Of Comm Of Income Tax Hyd v. Challa Sankar Reddy Hyd, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
HON’BLE SRI JUSTICE L. NARASIMHA REDDY
AND
HON’BLE SRI JUSTICE CHALLA KODANDA RAM
I.T.T.A No.85 of 2003
JUDGMENT:-(Per Hon’ble Sri Justice L.Narasimha Reddy)
This appeal under Section 260A of the Income Tax Act, 1961 (forshort, ‘the Act’) is filed against the order, dated 19.11.2001, passed bythe Hyderabad Bench ‘A’ of Income Tax Appellate Tribunal inI.T.A.No.801/Hyd/1996.
The necessity for us to deal with the merits of the matter isobviated on account of the fact that the learned Senior StandingCounsel for the appellant, in all fairness, stated that the tax impact inthis case is less than the limits stipulated under Section 268A of the Act.
Hence, the appeal is dismissed. There shall be no order as tocosts.
Miscellaneous petitions, if any, filed in this appeal shall alsostand disposed of.
_______________________
L. NARASIMHA REDDY, J
Date:03.09.2014
kdl
________________________
CHALLA KODANDA RAM, J
HON’BLE SRI JUSTICE L. NARASIMHA REDDY
kdl/gk
ANDHON’BLE SRI JUSTICE CHALLA KODANDA RAM
I.T.T.A No.16 OF 2003
Date:26.08.2014
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