HON’BLE SRI JUSTICE L. NARASIMHA REDDY AND HON’BLE SRI JUSTICE CHALLA KODANDA RAM I.T.T.A No. 7 OF 2004 19-11-2014 BETWEEN Commissioner of Income Tax, Rajahmundray …Appellant And Konda Krishnam Raju …..Respondent HON’BLE SRI JUSTICE L. NARASIMHA REDDY AND HON’BLE SRI JUSTICE CHALLA KODANDA RAM I.T.T.A No. 7 OF 2004
JUDGMENT: (per the Hon'ble Sri Justice L. Narasimha Reddy)
Learned counsel for the Revenue submits that the tax impact in this appeal is less than the amount stipulated by the Central Board of Direct Taxes in its circular issued under Section 268A of the Income Tax Act, 1961.
Hence, the appeal is dismissed as not pressed. There shall be no order as to costs.
L. NARASIMHA REDDY, J CHALLA KODANDA RAM, J 19-11-2014 ks