Sri Kodali Sreekrishna, Visakhapatnam V. The TIO, Visakhapatnam

CO 49/VIZ/2016

• Counselvise Citation: [2016] 123 COUNSELVISE.COM (IT) 2399 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 month(s) 17 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 26-09-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 08-08-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: M K SETHI

Judgement Text

ITA NO.49/VIZAG/2016 KODALI SREEKRISHNA, VISAKHAPATNAM 1 , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . , . , $ BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER C.O. NO.49/VIZAG/2016 (ARISING OUT OF I.T.A.NO.256/VIZAG/2016) ( / ASSESSMENT YEAR: 2012-13) ITO, WARD - 1(4), VISAKHAPATNAM VS. KODALI SREEKRISHNA, VISAKHAPATNAM [PAN: BCYPS4587D ] ( % / APPELLANT) ( &'% / RESPONDENT) / APPELLANT BY : SHRI M.K. SETHI, DR / RESPONDENT BY : SHRI G.V.N. H ARI, AR / DATE OF HEARING : 22.09.2016 / DATE OF PRONOUNCEMENT : 26.09.2016 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THIS CROSS OBJECTION FILED BY THE ASSESSEE IN SUPP ORT OF THE ORDER OF CIT(A)-1, VISAKHAPATNAM DATED 26.2.2016 FOR THE ASSESSMENT YEAR 2012-13. ITA NO.49/VIZAG/2016 KODALI SREEKRISHNA, VISAKHAPATNAM 2 2. WHEN THIS CROSS APPEAL IS TAKEN UP FOR HEARING, W E FIND THAT ALONG WITH THE ABOVE CROSS APPEAL, A REGULAR APPEAL VIDE ITA NO.256/VIZAG/2016 WAS ALSO FILED AND THE SAME WAS D ISPOSED OF BY ORDER DATED 29.8.2016. IN VIEW OF THE ORDER PASSED BY THE TRIBUNAL IN ITA NO.256/VIZAG/2016 DATED 29.8.2016, WE FIND THAT THE CROSS APPEAL FILED BY THE ASSESSEE IS MERE ACADEMIC AND THEREFOR E, DISMISSED. 3. IN THE RESULT, THE CROSS APPEAL FILED BY THE ASS ESSEE IS DISMISSED. THE ABOVE ORDER WAS PRONOUNCED IN THE OPEN COURT ON 26 TH SEPT16. SD/- SD/- ( . ) ( . ) (G. MANJUNATHA) (V. DURGA RAO) /ACCOUNTANT MEMBER /JUDICIAL MEMBER /VISAKHAPATNAM: # /DATED : 26.09.2016 VG/SPS ' ( /COPY OF THE ORDER FORWARDED TO:- 1. / THE APPELLANT THE ITO, WARD-1(4), VISAKHAPATNA M 2. / THE RESPONDENT KODALI SREEKRISHNA, D.NO.15-6-1 0/2, G-3, PARNASALA APARTMENTS, KRISHNA NAGAR, VISAKHAPATNAM 3. ) / THE CIT, VISAKHAPATNAM 4. ) ( ) / THE CIT(A)-1,VISAKHAPATNAM 5. , , , , / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY // /0 , (SR.PRIVATE SECRETARY) , , / ITAT, VISAKHAPATNAM