DR. REDDYS LABORATORIES LIMITED, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-17(1), HYDERABAD, HYDERABAD

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ITA 18/HYD/2017Status: DisposedITAT Hyderabad23 May 2018AY 2009-102 pages

In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The Tribunal granted the assessee's request to withdraw its appeal. The Departmental Representative had no objection to this withdrawal.

What were the facts?

The assessee-company filed an appeal before the Income Tax Appellate Tribunal. During the hearing, the assessee's counsel requested permission to withdraw the appeal.

What were the issues?

The primary issue was whether the assessee's appeal should be permitted to be withdrawn.

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, HYDERABAD BENCHES “B” BENCH: HYDERABAD

Before: SHRI D. MANMOHAN & SHRI S. RIFAUR RAHMAN

Hearing: 23.05.2018Pronounced: 23.05.2018

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES “B” BENCH: HYDERABAD BEFORE SHRI D. MANMOHAN, VICE PRESIDENT AND SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA. No.18/Hyd/2017 Assessment Year: 2009-2010 Dr. Reddy’s Laboratories vs. DCIT, Limited, Circle-7(1), Hyderabad. Hyderabad. PAN: AAACD7999Q (Appellant) (Respondent) For Assessee: Shri P.S.R.V.V. Surya Rao For Revenue : Shri C., Srinivas Reddy, CIT-DR Date of Hearing : 23.05.2018 Date of Pronouncement : 23.05.2018 ORDER PER D. MANMOHAN, VP. This appeal is filed at the instance of the assessee-company. At the time of hearing, Learned Counsel for the Assessee placed before us a copy of the letter on behalf of the assessee-company seeking permission to withdraw its appeal. Learned Departmental Representative has no objection in this regard. Under these circumstances, we permit the assessee to withdraw its appeal. 2. In the result, appeal filed by the assessee is dismissed as withdrawn.

Sd/- Sd/- (S. RIFAUR RAHMAN) (D. MANMOHAN) ACCOUNTANT MEMBER VICE PRESIDENT Hyderabad, Dated: 23rd May, 2018.

OKK, Sr.PS Copy to

1.

Dr. Reddy’s Laboratories Limited, 8-2-337, Road No.3, Banjara Hills, Hyderabad-500034. 2. Asst. Commissioner of Income Tax, Circle-17(1), 9th Floor, Signature Towers, Opp. Botanical Garden, Kothaguda, Kondapur, Hyderabad-500084. 3. CIT (A)-5, Hyderabad. 4. Pr. CIT-5, Hydeabad. 5. DR, ITAT, Hyderabad. 6. Guard File

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