ITTA/316/2011 of M/S. GAUTAMI POWER LIMITED Vs THE ASST. COMMISSIONER OF INCOME TAX, HYDERABAD on 15 December 2025

[ 348e ]

IN THE HIGH COURT FOR THE STATE OF TELANGANA

AT HYDERABAD

MONDAY, THE FIFTEENTH DAY OF DECEMBER

TWO THOUSAND AND TWENry FIVE

PRESENT

THE HONOURABLE SRI JUSTICE P.SAM KOSHY

AND

THE HONOURABLE SRI JUSTICE SUDDALA CHALAPATHI RAO

INCOME TAX TRIBUNAL APPEAL Nos.316 and 317 OF 2011

INCOME TAX TRIBUNAL APPEAL NO: 316 OF 2011

lncome Tax Tribunal Appeal Under Section 260A of the lncome Tax Act,1961

against the Order dated 24-10-2008 passed in ITA No. 2/HYD/2006 for the Assessment Yeat 2OO2-2OO3 on the file of the lncome Tax Appellate Tribunal, Hyderabad Bench 'B', Hyderabad.

Between:

M/S. Gautami Power Limited, 156-159, Paigah House S.P.Road, Secunderabad, Represented by its Director Shri A. Issac George.

...Appellant

AND

The Asst. Commissioner Of Income Tax, Hyderabad, Central Circle -1, Hyderabad.

...Respondent

INCOME TAX TRIBUNAL APPEAL NO: 317 OF 2011

lncome Tax Tribunal Appeal Under Section 2604 of the lncome Tax Act,1961

against the Order dated 24-10-2008 passed in ITA No.251lHYD/2007 for the Assessment Year 2003-2004 on the file of the lncome Tax Appellate Tribunal, Hyderabad Bench 'B', Hyderabad.

Between:

M/S. Gautami Power Ltd.,156-159, Paigah House S.P- Road, Secunderabad Rep by its Diredtor, Shri A. lssac George.

...Appellant

a

AND

The Asst. Commissioner of lncome Tax, Central Circle_1 l-1, derabad

...Respondent

Counsel for the Appe ants in both ITTAs : M/S CKR ASSIS 3141E5

Counsel for the Respondents in both ITTAs : SRI N pRAV i :N REDDY

Senior Standing t) )unsel for lT DEpT

The Court delivered the following: COMMON JUDGMENT

IN THE HIGH COURT FOR THtr STATE OF TELAIIGAIIA AT YDERABAD

THE HONOURABLE SRI JUSTICE P.SAM KOSHY

AND

THE HONOURABLE SRI JUSTICE SUDDALA CHALAPATHI RAO

I.T.T.A. Nos.316 and 317 of 2011

Date: 15.12.2025

Between:

M/s.Gautami Power [-td.. rep.by its

Director, Shri A.lssac George-

Appellant

And

The Asst- Commissioner of Incomc 'l'ax,

Central Circlc-1, Hyderabad.

Respondent

COMMON JUDGMENT (per I lon'ble Sri .Iustice P.Sam Koshy)

Heard M/s.CKR Associates, learned counsel appearing for the appellant and Ivlr.N.Pravcen Reddy. learned Senior Standing Counsel tbr the Income Tax Dcpartment, appearing lor the respondent.

2.

Both the Appeals have bccn hled by the same appellant pending consideration before this Court quite fot' some time. Today, whcn the matters arc taken-up for hearing. learned counsel for the appellant submits that pending appeals be[bre this Court the appellant had filed a petition belore the National Company Law Tribunal, Hyderabad, (for sho( N.Cl.t-.T.) for winding up/liquidation in CP (lB)

No.39ll7lHDBl2022, which stood disposed of on 06.01'2025 '

In the light of order so passcd by N.C.L.T on 06.03.20. ,s. u.e do not find any good reasons to further continue with these appeals ny fi_rrther.

3.

Both the appeals stan<i disposed of in the light r I order passed by N.C.L,1', darcd 06.0j.2025. It is rhe responsibiliry , ) rhc appellant to inform the jurisdictional Asscssing Officer in respc( I r f the disposal oi these appeals enabling them to issue appropriate conr cquential orders.

No costs

closed

Consequently.. ntiscellaneous pctitions pending. i . an1, shall stand Sd/' \.V.S.S.C.S.M. SARMA

JOINT REGISTRAR

To

&

//TRUE COPY//

SECTION OFFICER

1 . The lncome Tax Appellate Tribunal, Hyderabad Benr t ,B', Hyderabad 2 One CC to M/S CKR ASSOCTATES, Advocate [OpU,]

3 OneCC toSRI N PRAVEEN REDDY( SENTORSTAI D|NG COUNSEL FOR

IT DEPT) [OPUC]

4. Two CD Copies

ADI(PR

HIGH COURT

DATED:1 511212025