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2025 DAILYLAW 29001 (AP)

PR. COMISSIONER OF INCOME TAX v. THE DISTRICT CO-OP CENTRAL BANK LIMITED

ITTA/312/2018 · 2025-04-08

Ninala Jayasurya, Tarlada Rajasekhar Rao

body2025

Judgment text

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APHC010414462018 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.312 of 2018 Between: 1. Principal Commissioner of Income Tax, Ayakar Bhavan, Near Kambala Tank, Veerabhadrapuram, Rajahmundry ...Appellant AND 1. The District Coop Central Bank Limited, Near over bridge, R.R.Pet, Eluru,(PAN NO.AADFT3506D) ...Respondent Counsel for the Appellant: 1. ANUP KOUSHIK KARAVADI Counsel for the Respondent: 1. A V A SIVA KARTIKEYA 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 monetary 2 limits, as per CBIC Circular No.5 of 2024, the Department instructed withdrawal of the appeal. The Certificate dated 03.4.2025 addressed by the Deputy Commissioner of Income Tax, 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 Recording the said submission, the appeal is dismissed as withdrawn.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