CH.Koti Ravi Kiran, Vijayawada V. THE DCIT, CIRCLE - 2(1), Vijayawada

CO 99/VIZ/2013

• Counselvise Citation: [2015] 123 COUNSELVISE.COM (IT) 1825 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 1 month(s) 15 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 28-12-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2007-2008
• Appeal Filed On: 13-11-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: I SIRISH KUMAR
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . . . . , . . . . , $ $ $ $ BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER ./ I.T.A.NO. 483/VIZ/2013 ( / ASSESSMENT YEAR : 2007-08) DC IT , CIRCLE - 2 ( 1 ) , VIJAYAWADA. VS. SRI CH. KOTI RAVI K IRAN, D.NO. 62-6-23, PATAMATA LANKA, VIJAYAWADA. [ PAN : AELPC 0607 A] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) C.O.NO. 99/VIZ/2013 (I.T.A.NO. 483/VIZ/2013) ( / ASSESSMENT YEAR : 2007-08) S RI CH. KOTI RAVI KIRAN, D.NO. 62-6-23, PATAMATA LANKA, VIJAYAWADA. VS. DCIT, CIRCLE - 2(1), VIJAYAWADA [ PAN : AELPC 0607 A] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / ASSESSEE BY : NONE '(& ) / REVENUE BY : SHRI I. SIRISH KUMAR - DR ) - / DATE OF HEARING : 28/12/2015 ) - / DATE OF PRONOUNCEMENT : 2 8 /12/2015 / O R D E R PER G. MANJUNATHA, ACCOUNTANT MEMBER: 2 ITA NO.483 /VIZ/2013 & C.O.NO. 99/VIZ/2013 THIS APPEAL FILED BY THE REVENUE AND THE CROSS OBJE CTION FILED BY THE ASSESSEE ARE DIRECTED AGAINST THE ORDER OF THE CIT(A), VIJAYAWADA DATED 23/04/2013 FOR THE A.Y. 2007-08. 2 . WHEN THIS APPEAL IS TAKEN UP FOR HEARING, THE D.R. HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS BELO W RS. 10 LAC. AS PER THE LATEST CIRCULAR NO.21/2015 OF CBDT DATED 10/12/ 2015, BEING RETROSPECTIVE IN NATURE, THE ABOVE APPEAL IS NOT PR ESSED. IN VIEW OF THE ABOVE, THIS APPEAL FILED BY THE REVENUE IS NOT MAIN TAINABLE AND DISMISSED AS NOT PRESSED. 3 . THE CROSS OBJECTION FILED BY THE ASSESSEE IS ONLY SUPPORT THE ORDER OF THE CIT(A), IN VIEW OF THE ABOVE, CROSS OBJECTIO N IS DISMISSED. 4. IN THE RESULT, APPEAL FILED BY THE REVENUE AND T HE CROSS OBJECTION FILED BY THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 28 TH DECEMBER, 2015. SD/- SD/- ( . ) ( . . . . ) ( (( ( V. DURGA RAO ) )) ) ( G. MANJUNATHA) / // / JUDICIAL MEMBER / // / ACCOUNTANT MEMBER /VISAKHAPATNAM: 3 / DATED : 28 /12/2015 VR/SPS 3 ITA NO.483 /VIZ/2013 & C.O.NO. 99/VIZ/2013 ) ' 4 / COPY OF THE ORDER FORWARDED TO :- 1. & / THE ASSESSEE SRI CH. KOTI RAVI KIRAN, D.NO. 62-6 -23, PATAMATA LANKA, VIJAYAWADA. 2. '(& / THE REVENUE DCIT, CIRCLE-2(1), VIJAYAWADA. 3. 5 / THE CIT, VIJAYAWADA. 4. 5 ( ) / THE CIT (A), VIJAYAWADA. 5. ' , , / // / DR, ITAT, VISAKHAPATNAM 6 . . . . / GUARD FILE / BY ORDER // TRUE COPY // 9: ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM