Income tax appeals by Vimta Labs against Tribunal orders were not pressed; the appellant stated the issues were settled under the Vivad se Vishwas Scheme and sought withdrawal. The High Court dismissed all three appeals as withdrawn.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
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 12-11-2010passed in ITA No.103/HYD/2007 forthe Assessment Year 2003-04 on the file of the lncome Tax AppellateTribunal, Hyderabad Bench'A', Hyderabad.
Between:
M/s Vimta Labs Ltd., Registered Under theprovisions 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 a sequel, miscellaneous applications pending if any, shall
stand closed.
SD/. M. RAMANAKRISHNA OINT REGISTRAR
//TRUE COPY//
ECTION OFFICER
To,
ADK/gh
W
HIGH COURT
DATED:0810412025
COMMON JUDGMEDNT
lTTA.Nos.324 ,355 &352 ot2011
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DISMISSING ALLTHE ITTAS AS WITHDRAWN
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1 provisions across 1 enactments
M/s. Vimta Labs Ltd.
Assistant Commissioner of Income Tax, Circle-3(3), Hyderabad
P.Sam Koshy
Narsing Rao Nandikonda
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
