COMMISSIONER OF INCOMETAX-II, VISAKHAPATNAM. vs. M/S PRATHYUSHA ASSOICATES SHIPPING PRIVATE LIMITED, VISAKHAP

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ITTA/365/2012HC Andhra PradeshAPHC01043628201227 January 2025Bench: B KRISHNA MOHAN,NYAPATHY VIJAY5 pages
AI SummaryDismissed

What did the High Court hold?

The learned Standing Counsel for the appellant (Commissioner of Income Tax) sought permission to withdraw the appeal. The Court granted permission for the withdrawal.

What were the facts?

The Commissioner of Income Tax filed an appeal before the High Court challenging an order passed by the Income Tax Appellate Tribunal. The appeal was against an assessment year of 1994-1995.

What were the issues?

The primary issue was whether the appeal filed by the Revenue should be allowed to be withdrawn.

Which sections of the Income-tax Act were involved?

Section 260A

AI-generated summary — verify with the full judgment below

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI THE TWENTY EIGHTH DAY OF JANUARY TUESDAY, o TWO THOUSAND AND TWENTY FIVE PRESENT HONOURABLE SRI JUSTICE B.KRISHNA MOHAN AND HONOURABLE SMT JUSTICE NYAPATHY VIJAY INCOME TAX TRIBUNAL APPEAL NO: 365 OF 2012 Appeal under Section 260 A of the Income Tax Act, 1961 against the Order dated 10-06-2008 passed in ITA.No.621A/izag/2002 (Assessment year 1994-1995) by the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnam, filed challenging the Order dated 27-06-2002 passed in ITA.No.07/J/R2A/SP/02-03, by the Commissioner of Income Tax (Appeals)-ll, Visakhapatnam, which was filed against the Order dated 11-03-2002 passed U/s.143 (3) read with Section 147 of the Income Tax Act, 1961 (Assessment year 1994-1995) by the Assistant Commissioner of Income Tax, Circle-2(1), Visakhapatnam. Between: Commissioner of Income Tax-ll, Visakhapatnam. ...Petitioner AND M/s.Prathyusha Associates Shipping Private Limited, 25-40-12, Gangulavari Street, Near Laxmi Talkies, Visakhapatnam - 530 001. ...Respondent

Counsel for the Appellant : Sri Anup Koushik Karavadi ■*r *> f . f (Standing Counsel for Income Tax ■ #- I I ■¥ r. f Department) ■f\: ■ V, Counsel for the Respondent : -- The Court made the following:

APHC010436282012 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3516] TUESDAY. THE TWENTY EIGHTH DAY OF JANUARY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE B KRISHNA MOHAN THE HONOURABLE SRI JUSTICE NYAPATHY VIJAY INCOME TAX TRIBUNAL APPEAL NO: 365/2012 Between: Commissioner Of Incometax-ii, Visakhapatnam. ...APPELLANT AND M/s Prathyusha Assoicates Shipping Private Limited Visakhap ...RESPONDENT Counsel for the Appellant: 1.ANUP KOUSHIK KARAVADI Counsel for the Respondent: 1.

2 HBKM,J & HVN,J I.T.T.A.No.365 of 2012 The Court made the following: JUDGMENT: (Per Hon’ble Sri Justice B. Krishna Mohan) The learned Standing Counsel appearing for the appellant seeks permission of this Court to withdraw the present Appeal. Permission is accorded. 2. 3. Accordingly, the Income Tax Tribunal Appeal is dismissed as withdrawn. Interim order, if any, deemed to have been vacated. As a sequel. Interlocutory Applications pending, if any, shall stand closed. Sd/- S.V.S.R.MURTHY JOINT REGISTRAR A //TRUE COPY// SECTION OFFICER To, 1. The Income Tax Appellate Tribunal Visakhapatnam. 2. The Commissioner of Income Tax (Appeals)-ll, Visakhapatnam. 3. The Assistant Commissioner Visakhapatnam. 4. One CC to Sri Anup Koushik Karavadi Advocate [OPUC] 5. Three CD Copies Visakhapatnam Bench of Income Tax Circle-2(1) BSV sree

HIGH COURT DATE0:28/01/2025 I 02jUM2n?5 § Current Section JUDGMENT ITTA.No.365 of 2012 DISMISSING THE ITTA AS WITHDRAWN

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