M/S GAYATRI INFRA VENTURES LTD V. ASSISTANT COMMISSIONER OF INCOME TAX

ITTA/506/2018

AI Insights

The case involves M/s Gayatri Infra Limited, which appealed against the orders of the Income Tax Appellate Tribunal, Hyderabad, and other lower authorities concerning an assessment year 2009-10. The appellant sought to withdraw the appeal to avail the benefits of the Vivad Se Vishwas scheme, a government initiative aimed at resolving tax disputes. The High Court of Telangana, considering the appellant's request, dismissed the appeal as withdrawn, allowing the appellant to re-approach the court if necessary.

• Counselvise Citation: [2021] 140 COUNSELVISE.COM (IT) 760873 (HC-TELANGANA)
• Appeal Type: Others
• Pronouncement Date: 03-03-2021
• Assessment Year: misc
• Laws Referred To: Income Tax Act, 1961, Direct Taxes (Vivad Se Vishwas) Act, 2020
• Result in Favour of: Others
• Court: HIGH COURT
• Department Lawyers: K MAMATA
• Assessee Lawyers: M RAGHU
• Keywords: Appeal Withdrawal; Income Tax; Vivad Se Vishwas Scheme
• Section: 2; 1; 39; 260-A

Judgement Text

"IN THE HIGH COURT I ^, Sfrr#.^Blt E oF TELANGANA WEDNESDAY, TI ,ra il o ii.l,LTlBr,flflr?; Ufl E \" \" PRESENT THE HONOURABLE SRI JI rH E H o N o u R^ r,-, ..,iilF.t * \"r r* :milIl:: *\" LA. NO.1 0F 2021 IN/AND tNCOM TRIBUNAL APPEAL NO: 506 0F 2018 E TAX Between: M/s- Gayatri l1f1a- !91tqr9s Limited, 6-3-i090, TSR Towers, Raj Bhavan Raod, Hy^derabad (iAN AADCGJ-028Q).rep by Sri T.V.Sandeeep'Kumar Reddy, S/o T.Subbarami Reddy, aged 52yrs, Occ. Buiiness,6-3-1090, TS'RTowers, Raj dhavan Road, Hyderabad. ...AppellanU Appellant AND Assistant Commissioner of lncome Tax, Circle 2(3) Hyderabad ...RESPONDENT/ Respondent Counsel for the Appellant: SRI M. NAGA RAGHU Counsel for the Respondent: SMT K. MAMATA The Court delivered the following: JUDGMENT (lncome Tax Tribunal Appeal Under section 260 ( A) of the Income Tax Act, 1961 against the order of the rncome Tax Apperate Tribunar, Hyderabad Bench , A ,, Hyderabad dated 1B-07-2018 in rvA No. 55/ Hvdr2olsarising out of rrA No. 1399 / Hydl 2016 (for assessment year 2o0g -10 ) preferred against the order of the Commissioner of lncome Tax ( Appeals ) _12 Hyderabad dated 30_06_2016 in Appeal No 01BB I 2014-1s preferred against the order of the Assistant commissioner of lncome Tax , circre -2 (3), Hyderabad PAN/GrR No.AADCG102BQ dated 2S-12-2011 ) ITTA NO. 506 0F 2018 lA NO: 1 OF 2021 Petition under Order 39 Rule 1 and 2 of CpC praying that in the circumstances stated in the affidavit fired in support of the petition, the High court may be pleased to permit the petitio ner/a ppeila nt to withdraw the above appear in order to avail the Vivad se Vishwas scheme in respect of subject dispute with a liberty to file fresh writ Petition in the event the dispute is not setfled under the said scheme. .THE HONOURABI,I', SRI JI.JSTICI]' M'S'RAMACHANDRA RAO ANt) .I'HE HONOUI1ABLE SI{I JT-]STICIi 1.. VINOD KUMAR JLl)riNl!.N'I: (Pcr tlon'ble Sri Jtrstice M.S. Ramachandra Rao) Leamed counsel fbr appellant sceks to u'ithdraw this Appeal to approach thc respondents uttcler the Direct l axes ( 'ivacl Se Vishwas) Act, 2020. Ilaving legai'd ro the said siibrnission, this appeal is dismissed as withdrawn with liberty to irpproach this Courr. in the event there is no resolution r:fl the dispute ol the pe-ritiorrer rvith the Department under the said Act. I.A.No. 1 of 21 is aiso allowed. No costs. As a sequel, misr.elianeou:r petiti(,ns pi:nding, il'ony, shall stancl cioscd. //TRUE COPY' SD/-K.SRINIVASA RAO JOINT REGISJRAR f-/ SECTION OFFICER To, '1 . The lncome Tax Appellate Tribunal, Hyderabad Bench ' A ', Hyderabad z. f fre OrOer of the iommissioner of lnc6me Tax ( Appeals ) -12 , Hyderabad 5. tfre nssistant Commissioner of lncome Tax' Circle 2(3), Hyderabad 4. One CC to Sri. tr/. Naga Raghu, Advocate IOPUC] 5. One CC to Smt. K. It/amata, Advocate [OPUC] 6. Two CD Copies gbr 1 l.A.No.l of 2021 in /a ncl l. l-.'l .A.lio.S()b of 2{l I 8 HIGH COURT DATED:0310312021 JUDGMENT l.A. NO.1 0F 2021 IN/AND ITTA.No.506 of 2018 ALLOWING THE I.A. NO. 'I OF 2021 AND DISMISSING THE ITTA AS WITHDRAWN. Q,X; "