Itta/89/2016 Of The Commissioner Of Income Tax v. M/S. Virupa Township

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI TUESDAY ,THE NINETEENTH DAY OF NOVEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE G.NARENDARANDTHE HONOURABLE SRI JUSTICE T.C.D.SEKHAR INCOME TAX TRIBUNAL APPEAL NO: 89 OF 2016 Appeal under section 260A of the Income Tax Act, 1961,againstorders of the order of the Income-tax Appellate Tribunal, Visakhapatnam,in ITANO. 324A/iz/2012, dated 11-12-2013, for A.Y.[2008-09.] Between: The Commissioner Of Income Tax, Vijayawada. ...Appellant / Respondent AND M/S. Virupa Township, 23-32-23, A.V. Towers, Paparaju[Street,][ S.N.]Puram, Vijayawada. ...Respondent / Appellant Counsel for the Appellant :SRI. J V PRASAD (SC FOR [ TAX)]Counsel for the Respondents: SRI. G V N HARI The Court made the following: ORDER APHC010127742016IN THE HIGH COURT OF ANDHRAPRADESHAT AMARAVATI(Special Original Jurisdiction)PRADESHAT 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.SEKHAR INCOME TAX TRIBUNAL APPEAL No.89 OF 2016 Between: The Commissioner Of Income Tax ...APPELLANT AND M/s Virupa TownshipCounsel for the Appellant: ...RESPONDENT 1. J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1.G VN HARIThe Court made the following: X To 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leave of the Court to withdraw[the]appeal. 2.Submission is placed on record. 3.Accordingly,the appealis dismissed as withdrawn.No costs. As a sequel thereto, the miscellaneous petitions,if any pending in this appeal shall stand closed. SDI- P. VENKATA RAMANA JOINT REGISTRAR //TRUE COPY// SECTION OFFICER 1. The Income-tax Appellate Tribunal, Visakhapatnam, SRI. J V PRASAD (SC FOR INCOME TAX), Advocate 2. One CC to 3. One CC to SRI. G V N HARI Advocate 4. Three CD Copies HIGH COURT DATED:19/11/2024 ORDER EP52 5 FES 2025»toJ^ . Current Section. ^ ITTA.No.89 of 2016 DISMISSING THE APPEAL AS WITHDRAWN /