M/s.Lanco Infratech Ltd V. The Asst.Commissioner of Income Tax

ITTA/156/2008

AI Insights

The case involves M/s. Lanco Infratech Ltd., the appellant, contesting an order related to income tax assessments for the year 2003-2004. The appeal was directed against multiple orders passed by the Assistant Commissioner of Income Tax, the Commissioner of Income Tax (Appeals), and the Income Tax Appellate Tribunal, Hyderabad. The primary legal contention revolved around the validity and implications of the tax assessments made. However, during the proceedings, the appellant's counsel submitted that the cause for the appeal no longer survived, leading to the dismissal of the appeal by the High Court of Telangana.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 689768 (HC-TELANGANA)
• Appeal Type: Others
• Pronouncement Date: 02-01-2025
• Assessment Year: misc
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: HIGH COURT
• Department Lawyers: J V PRASAD
• Assessee Lawyers: DEEPAK CHOWDARY
• Keywords: Appeal dismissed; Assessment Year 2003-2004; Income Tax; Infructuous
• Section: 151; 2604

Judgement Text

"[ 34181 THE HON'B LE THE CHIEF JUSTICE ALOK ARADHE AND THE HON'BLE SRI JUSridE J. SREENIVAS RAO INCOME TAX TRIBUNAL APPEALNo: 156 of 2008 lncome Tax Tribunal Appeal Under Section 2604 of the lncome Tax Act'1961 against the Order dated 30-11-2007 passed in ITA No 377lHydl2O07 for lhe Assessrnent Year 2003-2004 on the file of the lncome Tax Appellate Tribunal' Hyderabad Bench 'B', Hyderabad preferred against the Order dated 12-01-2007 passedinlTANo.053/ACIT-16(1)rclT(A)-vl2oo6-oTonthefileoftheCommissioner of lncome Tax (Appeals)-V, Hyderabad preferred against the Order dated 31-03-2006 passed in P.A N / G I R'No L - 27 on the file of the Assistant Commissioner of lncome Tax, Circle - 16(1)' Hyderabad Between: ]N THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THURSDAY, THE SECOND DAY OF JANUARY TWO THOUSAND AND TWENTY FIVE PRESENT M/s.Lanco lnfratech Ltd , 14'1, Avenue 8 Road-No ^..Baniara Hills' Hyderabad' presenflv. ptot No.4, Sottware LjilGLt;ri. iITEC City Madhapur, Hyderabad- 81 rep bi its Sr. Vice Pres'rlent. AND l.A. NO:2 oF 2008(ITTAMP. NO: 218 OF 2008) The Assistant Commissioner of lncome Tax' Circle 16(1)' Aayakar Bhavan' Basheer Bagh, HYderabad. ...APPELLANT ...RESPONDENT PetitionunderSection,l5lCPcprayingthatinthecircumstancesstatedin the affidavit filed in support oilh\" p\"tiiion' 16.\"^ l'^Sli*rt may be pleased stay the operation of the Rssessm\"eni Jrier uatea 13-03 2006 passed by the Assistant Commissioner of lncome fax, Clrcte 16 (1)' Hyderabad for the assessment year 2oo3-2oo4as confirmed ovinliinii\" lrA No 377lHvd/2007 dated 3o-11-2oo7' I I I I I I 1 l I I I I I I t I I 1 ! I I I I I I I I t I I i l I : I I I I I I I ! I I i/ Counsel for the Appellant: irlr. Deepak Chowdary 9*l:_\"] for the Respondent: Mr. J.V. prasad, Senior Standing Counset FOR INCOME TAX The Court delivered the following: JUDGMENT TIIE HON'BLE TIM CHIEF JUSTICE ALOK ARADIM AND THE HON'BLE SRI JUSTICE J. SREENIVAS RAO I.T.T.A. No. 156 of 2008 JIIDGMENT: (per the Hon'ble the Chief Justice Atok Aradhe) Mr. Deepak Chowdary, learned counsel appears for the appellant. Mr. J.V. Prasad, learned Senior Standing Counsel for Income-tax appea$ for the respondent/Revenue. 2. lrarned counsel for the appellant submits rhat the cause in the appeal does not survive for consideration. 3. [n view of aforesaid submission, the appeat is dismissed as infiuctuous. Miscellaneous applications, if any pending, shafl stand closed. There shall be no order as to costs. sdf-A.v.s.s.C.S.M. SARMA GISTRAR ,ITRUE COPY\" }T OFFICER To, 1 The lncome Tax Appellate Tribunal' Hyderabad Bench '8\" Hyderabad The Commissioner of lncome Tax (Appeals)-V' Hyderabad The Assistant Commissioner of lncome Tax' Circle - 16(1)' Aayakar Bhavan' Basheerbagh, HYderabad' 2 3 4. One CC to tv! r Deepak Chowdary, Advocate tOpUCl ,/ 5 one cc to Mr J.V. prasad, sENroR .TANDTNG couNSEL FoR rNcoME / TAX IOPUCI 6 Two CD Copies kam/gh F!- HIGH COURT DATED:2/0112025 JUDGMENT ITTA.No.156 of 2008 THE APPEAL IS DISMISSED AS INFRUCTUOUS c a 2{ ilil ffib .) j 4 *+€,C: { -1 HE SI4 I o 1 r€ ( (r I a c ) | I I * t .da H-_ fi({a5 € "