Hyderabad Race Club, Malakpet, Hyderabad-500 036 V. The Joint Commissioner of Income Tax (Asst) Spl. Range, Hyderabad

ITTA/559/2006

AI Insights

The case involves two appeals by the Hyderabad Race Club against orders from the Income Tax Appellate Tribunal, Hyderabad, concerning the assessment years 1997-1998 and 1998-1999. The appeals were directed against the orders of the Commissioner of Income Tax (Appeals) and the Joint Commissioner of Income Tax (Assts) Special Range-2, Hyderabad. The primary legal contention revolved around the procedural and substantive aspects of income tax assessments for the specified years. The appellants were represented by Sri Challa Gunaranjan, and the respondent by Smt. K. Mamata, Standing Counsel for the Income Tax Department.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 684766 (HC-TELANGANA)
• Appeal Type: Others
• Pronouncement Date: 04-08-2023
• Assessment Year: misc
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Others
• Court: HIGH COURT
• Department Lawyers: K MAMATA
• Assessee Lawyers: CHALLA GUNARANJAN
• Keywords: Assessment Year; Income Tax; Income Tax Tribunal Appeal; Hyderabad Race Club
• Section: 2604

Judgement Text

"[ 3386 ] IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY, THE FOURTH DAY OF AUGUST TWO THOUSAND AND TWENTY THREE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHY AND THE HON'BLE SRI JUSTICE A. LAXMI NARAYANA INCOME TAX TRIBUNAL APPEAL Nos: 559 and 560 of 2006 lncome Tax Tribunal Appeal Under Section 260,4 of the lncome Tax Act, '1961 arising out of the order of the lncome{ax Appellate Tribunal, Hyderabad Bench ' B ' Hyderabad. in ITA No.130/Hydl02, for assessment Year 1997-1998 dated 10-05- 2006 preferred against the Order of the Commissioner of lncome Tax , (APPEALS)ll, Hyderabad, lTA.No.ClT (A)-ll/1 30 &1 3/0 1 -021,dated.22-1 1 -2001, preferred against the Order of the Joint Commissioner of lncome Tax (Assts) Special Range-2, Hyderabad PAN/GlR No.H-30 dated 21-3-2000. Between: IV/s Hyderabad Race Club, Ivlalakpet, Hyderabad-Soo 036 Rep. by its Secretary , Dr tt/.A.Mirza. ...APPELLANT AND The Jt. Commissioner of lncome Tax (Asst) Spl. Range, Hyderabad. ...RESPONDENT : |.T.T.A.M.P. No: 295 OF 2009 Petition under Order 6 Rule 17 of C.P-C. praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased permit the petitioner to amend the cause title by the substituting \"The Deputy Commissioner of lncome f ax-2 (2),8rh Floor, Room No.826, B-Block, LT.Towers, A.C.Guards, [,4asab Tank, Hyderabad - 500 004' in place of The I i LT.T.A.No.559 of 2006 I Jt.Commissioner of lrcome Tax (Asst) Spl.Range, Hyd<:rabac irt the above ITTA No.559 of 2006. Counsel for the App,rllant: SRI CHALLA GUNARANJAttI Counsel for the Respondent: SRI K. MAMATA, SC FOR INCOME TAX DEPARTMENT l.T.T.A.No.560 of 2006 lncome Tax Triburral Appeal Under Section 2604 of the lnr,orne Tax Act, 1961 arising out of the ord( r of the lncome-tax Appellate Triburral, Hyderrat,ad Bench ' B' Hyderabad, in ITA N:.131/Hydllz, for assessment Year 1998-1 399 dated 10-05- 2006 pre{ened against the Order of the Commissioner of lrcom€ Tax (APPEALS)Il, Hyderabad, lTA.No.ClT (A)-lll130 &13iO1-021,dated:22-11-2001, pr€rferred against the Order of the Addrtional Commrssioner of lncome Tax (Assts) Special Range-2, Hyderabad PAN/GlR rlo H-30 dated 28-3-2001. Between: fttl/s. Hyderabad Race Club, N,4alakpet, Hyderabad-500 036 rr:p, b'7 its Secretary, Dr.M.A.[Vlirza. , ...APPELLANT AND The Joint Commis;ioner of lncome Tax (Asst.), Special Range, Hyrlerabad. ...RESPONDENTs Counsel for the App >llant: SRI CHALLA GUNARANJAII Counsel for the Resrrondent: SRI K. MAMATA, SC FOF INCC)ME TAX DEPARTMENT The Court delivered the following: COMMON JUDGME!T I I I I To, 7. Two CD CoPies karn ?f're. pr THE HON'BLE SRI JUSTICE P.SAM KOSI{Y AND THE HON'BLE SRI JUSTICE A. I,AXiltr NARAYANA I.T.TA. Nos.559 and 560 of 2O06 COMMON JUDGMENT: A)er Ilon blc Sn,lt1slic., P.SAM I