Itta/98/2019 Of Principal Commissioner Of Income Tax v. Basappagari Penchala Narasimhulu

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI FRIDAY, THE THIRTEENTH DAY OF DECEMBERTWO THOUSAND AND TWENTY FOUR PRESENT HONOURABLE SRI JUSTICE G.NARENDAR ANDhonourable SRI JUSTICE T.C.D.SEKHAR income tax tribunal APPFAI Mn- 98 OF 2019 Appealfiled under Section 260A of the Income Tax Act,1961praying that the High Court may be pleased toallow the appeal by dulysettingasidetheOrderdated26-09-2018passedinI.T.ANo.1343/Hyd/2016 (Assessmentyear 2009-2010)bytheIncome TaxAppellate Tribunal, Hyderabad Bench-B, Hyderabad, filed challenging theOrder dated 12-07-2016 passed in ITA No.0364/CIT(A), Knl/2014-15bythe Commissioner of Income Tax (Appeals)Kurnool, which filed againstthe Order dated 18-02-2014passed U/s. 143(3) read with Section 147 ofthe Income Tax Act, 1961 (Assessment year 2009-2010) by the AssistantCommissioner of Income Tax, Circle-1Anantapur. Between: Principal Commissioner of Income Tax,Kurnool Charge, MVP Complex,D.No.43-128-3, Prakash Nagar, Kurnool-518001. ...Appellant AND BasappagariPenchalaNarasimhulu,Prop.M/s.AbhiramTransport,D.No.1-302,Sunkalammapalem,‘ Tadipatri, Anantapur-515411. [PANNO.AWSPP5609A] Counsel for the Appellant :Sri B Narasimha Sarma (Senior Standing Counsel for Income TaxDepartment) Counsel for the Respondent :Sri Manmohan Dundu The Court made the following: THE HON’BLE SRI JUSTICE G.NARENDARANDTHE HON’BLE SRI JUSTICE T.C.D.SEKHAR I.T.T.A. No.98 of 2019 JUDGMENT:- (per Hon’ble Sri Justice G.Narendar) The learned counsel for the appellant-Department prays[leave][ of]the Court to withdraw the instant appeal, asit falls below the monetarylimits (i.e. Rs.2 Crores) fixed by the Board, vide[Circular][ No.09/2024][ in]F.No.279/Misc./M-74/2024-iTJ, dated 17.09.2024.The[learned][ counsel]for the appellant hasalsofiledinto Court a copyof thecertificate.receivedfromtheAssistantCommissionerofIncome-Tax,Circle-1Kurnool,whichcontainsinstructionsto withdraw the appealfor theaforementioned reason. 2)The submission of the learned counsel for the appellant is placedon record. Leave granted. 3)Accordingly, the appeal is dismissed as withdrawn.[No][ order][ as][ to]costs.costs. Consequently, miscellaneous petitions, pendingif any,[shall][ stand]closed. SD/- P VENKATA RAMANAJOINT REGISTRAR //TRUE COPY// SECTION OFFICER To, 1. TheIncomeTaxAppellateTribunal,HyderabadBench-BHyderabad.2. The Commissioner of Income Tax (Appeals), Kurnool. HIGH COURT DATED:13/12/2024 §Vy.£V JUDGMENTITTA.No.98 of 2019 g01 APR 2025to^ . Current Section DISMISSING THE ITTA AS WITHDRAWNWITHOUT COSTS