M/S. Vimta Labs Ltd. Hyd Vs Asst. Commissioner of Income Tax, Hyd — Income Tax | Telangana HC (2025)

M/S. Vimta Labs Ltd. Hyd Vs Asst. Commissioner of Income Tax, Hyd — Income Tax | Telangana HC (2025)

13447 |

IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD

TUESDAY, THE EIGHTH DAY OF APRIL TWO THOUSAND AND TWENTY FIVE

PRESENT

THE HONOURABLE SRI JUSTICE P.SAM KOSHY AND

THE HONOURABLE SRI JUSTICE NARSING RAO NANDIKONDA

INCOME TAX TRIBUNAL APPEAL Nos.324 355 & 352 0F 2011.

INCOME TAX TRIBUNAL APPEAL NO: 324 OF 2011

lncome Tax Tribunal Appeal Under Section 2604 of the lncome Tax Act,1961 against the Order dated 12-11-2010 passed in ITA No. 433lHYDl20O7 for the Assessment Year 2002-03 on the file of the lncome Tax Appellate Tribunal, Hyderabad Bench^'A', Hyderabad.

Between:

M/S. Vimta labs ltd. provisions of the Companies Act,^'1956, having its registered Office at Plot No. 142, IDA Phase-ll, Cherlapally, Hyderabad - 500 051 . rep by its Managing Director, Dr. S.P. Vasi Reddi, R/o. Hyderabad.

...Appellant

AND

Assistant Commissioner of lncome Tax, HYD, Circle-3(3), Hyderabad.

...Respondent

Counsel for the Appellant :Sri Ch Pushyam Kiran

Counsel for the Respondent : Sri P Murali Krishna

INCOME TAX TRIBUNAL APPEAL NO: 355 OF 2011

lncome Tax Tribunal Appeal Under Section 260,4 of the lncome Tax Act,'1961 against the Order dated 12-11-2010 passed in ITA No.104/HYD/2007 for the Assessment Year 2004-05 on the file of the Income Tax Appellate Tribunal, Hyderabad Bench 'A', Hyderabad.

Betureen:

M/s. Vimta Labs Ltd., Provisions of the Companies Act,^{1956,Having its} retgistered office at Plot No. 132, IDA Phase-ll, Cherlapally,^{Hyderabad-S00 051.} Rep. by its Managing Director, Dr. S.P.Vasi Reddi, R/o. Hyderabad.

...Appellant

AND

Assistant Commissioner of lncome Tax, Circle-3(3), Hyderabad.

...Respondent

Counsel for the Appellant :SRl CH PUSHYAM KIRAN

Counsel for the Respondent : _ _ _

INCOME TAX TRIBUNAL APPEAL NO: 352 OF 2011

lncome Tax Tribunal Appeal Under Section 2604 of the Income Tax Act,1961 against the Order dated 12-11-2010^passed in ITA No.103/HYD/2007 for^the Assessment Year 2003-04 on the file of the lncome Tax Appellate^Tribunal, Hyderabad Bench^'A', Hyderabad.

Between:

M/s Vimta Labs Ltd., Registered Under the^provisions of the Companies Act, '1956 having its registred office at Plot No.132,lDA Phase-ll, Cherlapally, Hyderabad-S00 051. Rep. by its Managing Director, Dr. S P Vasi Reddi, R/o Hyderabad.

...Appellant

AND

Assistant Commissioner of Income Tax, HYD, Circle-3(3), Hyderabad

... Respondent

Counsel for the Appellant :SRl CH PUSHYAM KIRAN

Counsel for the Respondent : _ _ _

The Court delivered the following: COMMON JUDGMENT

.t

:.s:,

THE HON'BLE SRI JUSTICE P.SAM KOSHY

AND

THE HON'BLE SRI JUSTICE NARSING RAO NANDIKONDA I.T.T.A.Nos.324 .35s & 352 ()F 2011

COMMON JUD GMENT | (per Hon'ble Si Justice P.Sam Koshg)

Today, when the matter is taken up .for hearing, the learned counsel for the appellant submits that the issue raised in these appeals are arready been settled under the vivad se vishwas Scheme and the appellants do not intend 'to press these appeals any further, therefore, prays for withdrawal ofthese appeals.

As prayed for, these appeals stand dismissed as withdrawn.

As a sequel, miscellaneous applications pending if any, shall

stand closed.

SD/. M. RAMANA^KRISHNA OINT REGISTRAR

//TRUE COPY//

ECTION OFFICER

To,

'1 . The lncome Tax Appellate Tribunal, Hyderabad^{Bench'A" Hyderabad} Z Oi.CC to^{Sri Ch FushyamKiran,Advocate [OPUC]} 5. o;" CC to^{Sri P Muralikrishna,Advocate [OPUCI}

Two CD^CoPies

ADK/gh

W

HIGH COURT

DATED:0810412025

COMMON JUDGMEDNT

lTTA.Nos.324 ,355 &³⁵² ot²⁰¹¹

1 f,E SrAl €
(
+
co 2 g IlJt 2ffi C
tl
-\ .-:- _,/,:
nr',/
, o
'j Ij

DISMISSING ALL^{THE ITTAS AS WITHDRAWN}

L 1
? 'L>