Rc/54/2001 Of M/S Ap State Financial Corporation Hyd v. Commissoiner Of Income Tax Ap Hyd

HON’BLESRIJUSTICE G. CHANDRAIAH & HON’BLESRIJUSTICE CHALLA KODANDA RAM RC No.54 OF 2001 JUDGMENT :: ( per Hon’ble Sri Justice Challa Kodanda Ram ) This reference is at the instance of the assessee raisingas many as four questions said to be arising from the order ofthe Tribunal in ITA Nos.1 & 2/HYD/1995 for the assessmentyears 1992-93 & 1993-94 are referred for the opinion of thisCourt. 2. When the matter is taken up for hearing Sri Y.Vivekananda, learned counsel representing Sri YN Lohitha, would place on record the communication received by himstating that the assessee is not interested in further pursuingthe matter before the Court as the assessment pertains to the period 1992-93 & 1993-94. 3. Recording the said submission made by the learnedcounsel, we decline to answer the questions for nonprosecution. Accordingly, the reference case is closed.Miscellaneous petitions, if any, pending in this reference caseshall also stand closed. There shall be no order as to costs. _______________________ G. CHANDRAIAH, J ____________________________ CHALLA KODANDA RAM,J Dated: 25-02-2014NRG HON’BLESRI JUSTICE G. CHANDRAIAH & HON’BLESRIJUSTICE CHALLA KODANDA RAM RC No.54 OF 2001 ( per CKR,J ) Dated: 25-02-2014NRG