Dr. G.Aravindam, Rajahmundry V. THE ACIT, Rajahmundry

CO 32/VIZ/2014

• Counselvise Citation: [2015] 123 COUNSELVISE.COM (IT) 1810 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 2 month(s) 2 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 22-12-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2003-2004
• Appeal Filed On: 20-10-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

ITA NOS.202 TO 205 & CO NOS.32 TO 35/VIZAG/2014 DR. GRANDHI ARAVINDAM, RAJAHMUNDRY 1 , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . . . . , . . . . , $ $ $ $ BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER ./ I.T.A.NOS.202 TO 205/VIZAG/2014 ( / ASSESSMENT YEAR : 2003-04 TO 2006-07) ACIT CIRCLE - 1 RAJAHMUNDRY VS. DR. GRANDHI ARAVINDAM RAJAHMUNDRY [ PAN: ABQPG1227L ] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) C.O. NOS.32 TO 35/VIZAG/2014 (ARISING OUT OF I.T.A.NOS.202 TO 205/VIZAG/2014) ( / ASSESSMENT YEAR : 2003-04 TO 2006-07) DR. GRANDHI ARAVINDAM RAJAHMUNDRY VS. ACIT CIRCLE - 1 RAJAHMUNDRY ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / APPELLANT BY : SHRI M.N. MURTHY NAIK, DR '(& ) / RESPONDENT BY : SHRI G.V.N. HARI, AR ) - / DATE OF HEARING : 22.12.2015 ) - / DATE OF PRONOUNCEMENT : 22.12.2015 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THESE APPEALS ARE FILED BY THE REVENUE AGAINST THE ORDER OF THE CIT(A), VISAKHAPATNAM DATED 14.2.2014 FOR THE ASSES SMENT YEARS ITA NOS.202 TO 205 & CO NOS.32 TO 35/VIZAG/2014 DR. GRANDHI ARAVINDAM, RAJAHMUNDRY 2 2003-04 TO 2006-07 AND THE CROSS APPEALS ARE FILED BY THE ASSESSEE IN SUPPORT OF ORDER OF CIT(A). 2. WHEN THESE APPEALS ARE TAKEN UP FOR HEARING, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVO LVED IN THESE APPEALS IS BELOW RS.10 LAKHS. AS PER THE LATEST CIRCULAR N O.21/2015 DATED 10.12.2015 OF CBDT BEING RETROSPECTIVE IN NATURE, T HE APPEALS FILED BY THE REVENUE ARE NOT MAINTAINABLE. THE LD. D.R. HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE ABOVE, THE APPEALS FILED BY THE REVENUE ARE NOT MAINTAINABLE. HENCE, THE SAME ARE DISMISSED. 3. THE CROSS APPEALS FILED BY THE ASSESSEE ONLY SUP PORT THE ORDER OF LD. CIT(A). IN VIEW OF THE ABOVE, CROSS APPEALS AR E DISMISSED. 4. IN THE RESULT, THE APPEALS FILED BY THE REVENUE ARE DISMISSED AND THE CROSS APPEALS FILED BY THE ASSESSEE ARE ALSO DISMISSED. THE ABOVE ORDER WAS PRONOUNCED IN THE OPEN COURT ON 22 ND DEC15. SD/- SD/- ( . . . . ) ( . ) ( G. MANJUNATHA) ( (( ( V. DURGA RAO ) )) ) / // / ACCOUNTANT MEMBER / // / JUDICIAL MEMBER /VISAKHAPATNAM: 3 / DATED : 22.12.2015 VG/SPS ITA NOS.202 TO 205 & CO NOS.32 TO 35/VIZAG/2014 DR. GRANDHI ARAVINDAM, RAJAHMUNDRY 3 ) ' 4 / COPY OF THE ORDER FORWARDED TO :- 1. & / THE APPELLANT THE ACIT CIRCLE-1, RAJAHMUNDRY 2. '(& / THE RESPONDENT DR. GRANDHI ARAVINDAM, D.NO.6-18-3, KOKKONDAVARI STREET, RAJAHMUNDRY 3. 5 / THE CIT, VISAKHAPATNAM 4. 5 () / THE CIT(A), VISAKHAPATNAM 5. ' , , / // / DR, ITAT, VISAKHAPATNAM 6 . . . . / GUARD FILE / BY ORDER // TRUE COPY // 9: ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM