Itta/98/2024 Of The Prl. Commissioner Of Income Tax - Central v. Smt. Nagalakshmi Buchepalli

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD WEDNESDAY,THE FOURTH DAY OF DECEMBERTWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE THE CHIEF JUSTICE ALOK ARADHEANDTHE HONOURABLE SRI JUSTICE J. SREENIVAS RAO INCOME TAX TRIBUNAL APPEAL NO: 98 OF 2024 Appeal filed under Section 2604 of the lncome Tax Act, 1961 against theOrder dated 25.09.2023 passed in LT.A.No. 323lHydl2O23 for Assessment year2018-19 on the file of the lncome Tax Appellate Tribunal, Hyderabad ['A' ]Bench,Hyderabad preferred against the Order dated O3.O1 .2023 passed in Appeal No.1150312016-17 & 1062612017-18 on the file of the Commissioner of lncome Tax(Appeals) - 11, 6th Floor, Aayakar Bhawan, Basheerbagh, Hyderabad preferredagainst the Assessment Order dated 04.03.2022 passed in PAN No. ANWPB0829Kon the file of the Assistant Commissioner of lncome Tax, Central Circle - 1(2),Hyderabad. Between: The Prl. Commissioner of lncome Tax - Central,, Hyderabad. ...Appellant AND Smt. Nagalakshmi Buchepalli,, C/o M.V. Prasad, Sanath and Rajasekhara,C.A 8-2-12018613, Krishna Sindhu Residency, Road No.03, Banjara Hills,Hyderabad 500034 ...Respondent lA NO: 2 OF 2024 Petition under Section 260A(24) of lT Act R/w. Section 5 of Limitation Actpraying that in the circumstances stated in the affidavit filed in support of thepetition, the High Court may be pleased to condone the delay of 191 days infiling the present appeal. lCounsel for the Appellant : Ms. K. Mamata Choudary,i Senior SC for lncome TaxICounsel forthe Respohdent : None appearedIThe Court delivered thb following: JUDGMENT THE HO]{'BLE TTIE CHIEF JUSTICE ALOK ARADHE rHE HoN,BLtr sRr rrSlB, r. RA,'REENT'AS 'REENT'AS ITTANo. [gSof ]2024 JUDGMEN1T: (per the Hon'ble the ChiefJustice Alok Aradhe) Ms. Mamata Choudary, learned Senior Standing Counselfor Income-tax appears for the appellant. 2. Learned counsel for the appellant submits that thesubject matler of the appeal is below the monetary limitprescribed in Circular bearing No.9l2O24 dated I 7.09.2024.Therefore, the learned counsel seeks leave of this Court towithdraw thr: appeal with liberty to file an application forrevival of th,) appeal in case the subject matter of the appealfalls under any of the exceptions mentioned in CircularNo.5 12024 da ted | 5.03.2024. 3. With the aforesaid liberty, the appeal is disposed of.However, qur:stion of law involved in the matter is kept open. Miscellaneous applications, if any pending, shall stand closed. There shall be no order as to costs. sd/- K. sRtNtvASARAOJOtNr REGtyrRAR/t9/SECTION OFFICER //TRUE COPY// To, a1JE I ne uommtsstoner of Income ll::-g [Tax ][Appeilate ][Tribr.rnat,-Hyderabad ]Tax (Appeals) _ [.l ][,A, ]j, 6,n [Bench, ]Floor. Aayakar [Hyderabad.]Bhawan,I ne uommtsstoner of Income ll::-g [Tax ][Appeilate ][Tribr.rnat,-Hyderabad ]Tax (Appeals) _ [.l ][,A, ]j, 6,n [Bench, ]Floor. Aayakar [Hyderabad.]Bhawan,Basheerbagh. llyderabad.\,.,One CC The Assistant Oommissioner to trils K. [Vlamata Choudary, Advocate tOpUC]of lncome Tax, Central Circle _ .l(2), Hyderabad.5.Two CD Copier;Njb/ghY^r'5.Two CD Copier;Njb/ghY^r' HIGH COURT DATED:04112t12024 JUDGMENTlTTA.No.98 ol'2024 DISPOSING OF THE ITTA zcc(qL\4-;(ALY /.' 'i-,/'7 -'1=='. tit('l Z li:i202l:,,a.::.. : /,. ,:|/\i\-\