PRINCIPAL COMMISSIONER OF INCOME TAX v. M/S PANYAM CEMENTS & MINERAL INDU.LTD.,
ITTA/248/2016 · 2025-04-08
Ninala Jayasurya, Tarlada Rajasekhar Rao
body2025
DailyLaw.ai
[ 2025 DAILYLAW 11347 (AP) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 11347 (AP) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
APHC010131362016
IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3526] TUESDAY, THE EIGHTH DAY OF APRIL TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE NINALA JAYASURYA AND THE HONOURABLE SRI JUSTICE TARLADA RAJASEKHAR RAO INCOME TAX TRIBUNAL APPEAL No.248 of 2016 Between:
1. Principal Commissioner of Income Tax, Kurnool Charge, MVP Complex, D.No.43-128-3, Prakash Nagar, Kurnool-518001.
...Appellant AND
1. M/s Panyam Cements Mineral Industries Ltd., Cement Nagar, Kurnool, (PAN.No: AABCP2298M)
...Respondent Counsel for the Appellant:
1. ANUP KOUSHIK KARAVADI Counsel for the Respondent:
1. A V RAGHU RAM The Court made the following JUDGMENT: (per NJS,J)
At the time of considering the matter, Mr.Anup Koushik Karavadi, learned Senior Standing Counsel for the Income Tax Department appearing for the appellant along with Mr.Vamsi Krishna Bodapati, learned Junior Standing Counsel states that in view of the tax effect
involved in this case is covered by the decision of NCLT vide Order dated 25.6.2021 in M.A. No.04/2021 in C.P. No.(IB) 187/7/AMR/2019, the Department instructed withdrawal of the appeal. A Certificate addressed by the Assistant Commissioner of Income Tax, Circle–I, Kurnool, in this regard, is placed on record.
2. Recording the said submission, the appeal is dismissed as withdrawn. No order as to costs. Miscellaneous petitions pending, if any, shall stand closed. ____________________ NINALA JAYASURYA,J
____________________________ TARLADA RAJASEKHAR RAO,J April 08, 2025 vasu