Kotu Sarat Kumar, Visakhapatnam V. Dy. CIT, Visakhapatnam

CO 18/VIZ/2018

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 6363 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 9 month(s) 9 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 25-01-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2011-2012
• Appeal Filed On: 16-04-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: D K SONAWAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH, VISAKHAPATNAM BEFORE SHRI V. DURGA RAO , HONBLE JUDICIAL MEMBER & SHRI D.S. SUNDER SINGH , HONBLE ACCOUNTANT MEMBER ITA NO S . 495 & 497/ VIZ /201 7 (ASST. YEAR : 2011 - 12 & 20 13 - 1 4 ) DC IT, CENTRAL CIRCLE - 2 , VISAKHAPATNAM . V S . KOTU SARAT KUMAR, FLAT NO. 111, C - BLOCK, D.NO. 10 - 28 - 3, FACOR COLONY, VISAKHAPATNAM. PAN NO. AENPK 3335 H (APPELLANT) (RESPONDENT) C.O.NOS. 18 & 20/VIZ/2018 (ARISING OUT OF ITA NO S . 495 & 497/VIZ /201 7 ) (ASST. YEAR : 2011 - 12 & 20 13 - 14 ) KOTU SARAT KUMAR, FLAT NO. 111, C - BLOCK, D.NO. 10 - 28 - 3, FACOR COLONY, VISAKHAPATNAM. VS. DCIT, CENTRAL CIRCLE - 2, VISAKHAPATNAM. PAN NO. AENPK 3335 H (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI G.V.N. HARI , ADVOCATE . DEPARTMENT BY : SHRI D. K . S ONAWAL , CIT DR DATE OF HEARING : 24 / 0 1 /201 9 . DATE OF PRONOUNCEMENT : 25 / 01 /201 9 . 2 ITA NO S . 495 & 497 /VIZ/201 7 C.O.NOS. 18 & 20/VIZ/2018 ( KOTU SARAT KUMAR ) O R D E R PER V. DURGA RAO, JUDICIAL MEMBER TH E S E APPEAL S BY THE REVENUE AND THE CROSS OBJECTIONS BY THE ASSESSEE ARE DIRECTED AGAINST THE SEPARATE ORDER S OF COMMISSIONER OF INCOME TAX (APPEALS) , VIJAYAWADA , EACH DATED 24 /0 3 /201 7 FOR THE ASSESSMENT YEAR S 20 11 - 1 2 & 2013 - 14 . 2. WHEN THESE APPEAL S ARE TAKEN UP FOR HEARING, LD. DEPARTMENTAL REPRESENTATIVE HAS SUBMITTED THAT THE TAX EFFECT INVOL VED IN THESE APPEAL S IS BELOW RS.2 0 LAKHS AND A S PER THE CBDT CIRCULAR N O. 03 /201 8 DATED 11.07 .201 8 BEING RETROSPECTIVE IN NATURE , THESE APPEAL S ARE NOT MAINTAINABLE AND REQUESTED FOR DISMISSAL OF THE SAME . ON THE OTHER HAND, L D. COUNSEL FOR THE ASSESSEE HAS RELIED ON THE ORDER S PASSED BY THE LD. CIT(A). IN VIEW OF THE SPECIFIC REQUEST MADE BY THE LD. DR , THESE APPEALS FILED BY THE REVENUE ARE DISMISSED. [ 3. SO FAR AS CROSS OBJECTIONS ARE CONCERNED, THESE ARE ONLY SUPPORTIVE TO THE ORDER S OF THE LD. CIT(A) AND MERE ACADEMIC . IN VIEW OF OUR DECISION IN QUANTUM APPEALS, NO SEPARATE ADJUDICATION IS REQUIRED, THEREFORE SAME ARE DISMISSED. 3 ITA NO S . 495 & 497 /VIZ/201 7 C.O.NOS. 18 & 20/VIZ/2018 ( KOTU SARAT KUMAR ) 4 . IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED . ORDER PRONOUNCED IN OPEN COURT ON THIS 25 TH DAY OF JAN ., 201 9 . SD/ - SD/ - ( D.S. SUNDER SINGH ) ( V. DURGA RAO ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 25 /01 /201 9 VR/ - COPY TO: 1. THE ASSESSEE - KOTU SARAT KUMAR, FLAT NO. 111, C - BLOCK, D.NO. 10 - 28 - 3, FACOR COLONY, VISAKHAPATNAM. 2. THE REVENUE - D C IT , C E N T R A L C I R C L E - 2 , V I SAKHAPATNA M 3. THE P R . CIT ( C E N T R A L ) , VISAKHAPATNAM . 4. THE CIT(A) , VIJAYAWADA. 5. THE D.R . , VISAKHAPATNAM. 6. GUARD FILE. BY ORDER (VUKKEM RAMBABU) SR. PRIVATE SECRETARY, ITAT, VISAKHAPATNAM.