THE COMMISSIONER OF INCOME TAX-IV, vs. M/S. PADMALAYA ENTERPRISES PVT. LTD.,
What did the High Court hold?
The High Court, upon a request from the appellant's counsel, granted permission to withdraw the appeal. Consequently, the appeal was dismissed as withdrawn.
What were the facts?
The Commissioner of Income Tax filed an appeal before the High Court challenging an order of the Income Tax Appellate Tribunal. The appeal was filed against an order passed by the Income Tax Officer after reassessment proceedings.
What were the issues?
The primary issue was the appeal filed by the revenue against the ITAT's order. The appeal was withdrawn by the revenue before any substantive decision on merits.
Which sections of the Income-tax Act were involved?
AI-generated summary — verify with the full judgment below
IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI FRIDAY, THE TWENTY SEVENTH DAY OF DECEMBER /r. TWO THOUSAND AND TWENTY FOUR 1 fsr PRESENT HONOURABLE SRI JUSTICE B.KRISHNA MOHAN AND HONOURABLE SMT JUSTICE NYAPATHY VIJAY INCOME TAX TRIBUNAL APPEAL NO: 476 OF 2011 Appeal under Section 260 A of the Income Tax Act, 1961 praying that the High Court may be pleased to allow the appeal by duly setting aside the Order dated 25-07-2008 passed in I.T.A No.21/HYD/2008 (Assessment t year 2003-2004) by the Income Tax Appellate Tribunal, Hyderabad Bench- A, Hyderabad, filed challenging the Order dated 14-11-2007 passed in ITA No.350/ITO-16(2)/CIT(A)-V/2006-07, by the Commissioner of Income Tax (Appeals)-V, Hyderabad, which was filed against the Order dated 20-12- 2006 passed U/s.143(3) read with Section 147 of the Income Tax Act, 1961 (Assessment year 2003-2004) by the Income Tax Officer, Ward- 16(2), Hyderabad in PAN/GIR No.AACCP4115G/P-058. Between: The Commissioner of Income Tax-IV, Hyderabad. ...Appellant AND M/s.Padmalaya Enterprises Pvt.Ltd., 8-2-293/82/J/111/P, Road No.78 Jubilee Hills, Hyderabad. ...Respondent
A Counsel for the Appellant : Sri Anup Koushik Karavadi (Standing Counsel for Income Tax Department) Counsel for the Respondent : Sri V Hari Haran The Court made the following:
V APHC010499872011 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) FRIDAY, THE TWENTY SEVENTH DAY OF DECEMBER TWO THOUSAND AND TWENTY FOUR PRESENT THE HONOURABLE SRI JUSTICE B KRISHNA MOHAN THE HONOURABLE SRI JUSTICE NYAPATHY VIJAY INCOME TAX TRIBUNAL APPEAL NO: 476/2ni1 [3516] 0? Between: The Commissioner Of Income Tax-iv, ...APPELLANT AND M/s Padmalaya Enterprises Pvt Ltd Counsel for the Appellant: 1.J V PRASAD (SC FOR INCOME TAX) Counsel for the Respondent: 1.V HARI HARAN ...RESPONDENT
2 HBKM,J & HVN,J ^ I.T.T.A.No.476 of 2011 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 as per the Circular No.09/2024, dated 17.09.2024. 2. Permission is accorded. Accordingly, the Income Tax Tribunal Appeal is dismissed as withdrawn. Interim order, if any, deemed to have been vacated. 3. As a sequel. Interlocutory Applications pending, if any, shall stand closed. Sd/- S.V.S.R.MURTHY JOINT REGISTRAR //TRUE COPY// SECTION OFFICER To, 1. The Hyderabad. 2. The Commissioner of Income Tax (Appeals)-V, Hyderabad. 3. The Income Tax Officer, Ward-16(2), Hyderabad. 4. One CC to Sri Anup Koushik Karavadi, Advocate [OPUC] 5. One CC to Sri V Hari Haran, Advocate [OPUC] 6. Three CD Copies Income Tax Appellate Tribunal, Hyderabad Bench-A BSV sree
€* HIGH COURT DATED:27/12/2024 JUDGMENT ITTA.No.476 of 2011 DISMISSING THE I.T.T.A. AS WITHDRAWN WITHOUT COSTS
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