THE COMMISSIONER OF INCOME TAX (CENTRAL) vs. SRI.VEMURI VENKATA RAO

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI WEDNESDAY ,THE SIXTEENTH DAY OF APRIL TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE NINALA JAYASURYA AND THE HONOURABLE SRI JUSTICE TARLADA RAJASEKHAR RAO INCOME TAX TRIBUNAL APPEAL NO: 261 OF 2018 Between: The Commissioner Of Income Tax (Central), Visakhapatnam ...Appellant / Respondent AND Sri.Vemuri Venkata Rao, 31-13-5, Pothineni vari street.Machavaram,Vijayawada-4 ...Respondent / Petitioner Appeal under section 260-A of the Income Tax, against order of the TribuanI in the case of the assessee for the A.Y.2005-06 in M.A NO.22A/IZ/2017 (I.T.A.No 566/Vizag/2013),dated 01-08-2017 by the income tax appellate tribunal Visakhapatnam bench, Visakhapatnam, against the Order dated 28.03.2013 passed in ITA No. 0186/CIT(A)/GNT/11-12 under section 143(3) r.w.s 153 A of the Income Tax Act, 1961 Assessment year 2006-07 by the Commissioner of Income Tax (Appeals) Guntur, against the Order dated 12-12-2011 passed in under section 143(3) r.w.s 153 A of the Income Tax Act, 1961 Assessment

/ year 2006-07 by the Deputy Commissioner of Income tax, Central Circle Vijayawada. 'Y' j Counsel for the Appellant: SRI. ANUP KOUSHIK KARAVADI, (SC FOR INCOMETAX) Counsel for the Respondents: --- The Court made the following:

APHQ011047582017 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) r [3526] WEDNESDAY, THE SIXTEENTH DAY OF APRIL TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE NINALA JAYASURYA AND THE HONOURABLE SRI JUSTICE TARLADA RAJASEKHAR RAO INCOME TAX TRIBUNAL APPEAL No.261 OF 2018 Between: Principal Commissioner of Income Tax (Central), Visakhapatnam ...APPELLANT I AND Sri Vemuri Venkata Rao ...Respondent Counsel for the Appellant: Mr.ANUP KOUSHIK KARAVADI, Senior Standing Counsel for Income Tax Assisted by Mr.Vamsi Krishna Bodapati Counsel for the Respondent: -- The Court made the following JUDGMENT: (per NJS,J) This matter is taken up by way of Lunch Motion on a mention made by the learned counsel, as the Department is seeking permission to withdraw the appeal. Mr.Vamsi Krishna Bodapati, learned Junior Standing Counsel behalf of Mr.Anup Koushik Karavadi, learned Senior appearing on