ITO Ward - 4, Nellore V. M/s. Ch. Siva Prasad Naidu & Co., Nellore Dist.

ITA 1050/HYD/2011

• Counselvise Citation: [2012] 119 COUNSELVISE.COM (IT) 7508 (ITAT-HYDERABAD)
• Duration Of Justice: 7 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-01-2012
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2008-2009
• Appeal Filed On: 30-05-2011
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: PHANI KISHORE
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH, HYDERABAD BEFORE SHRI CHANDRA POOJARI, AM & SMT. ASHA VIJAYARAGHAVAN, JM ITA NO.1050/HYD/2011 ASSESSMENT YEAR : 2008-09 THE ITO, WARD 4, NELLORE VS SHRI SHIVA PRASAD NAIDU & CO.,NELLORE. (PAN : AADFC7848P) APPELLANT RESPONDENT APPELLANT BY : SHRI PHANI KISHORE RESPONDENT BY : NONE DATE OF HEARING : 10.1.2012 DATE OF PRONOUNCEMENT : 11.1.2012 ORDER PER ASHA VIJAYARAGHAVAN, JM : THIS APPEAL BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE CIT(A) GUNTUR DATED 24.3.2011 FOR THE ASSESSME NT YEAR 2008-09. 2. NONE APPEARED FOR THE ASSESSEE. WE HEARD THE LEARNED DR AND PERUSED THE MATERIAL ON RECORD. THE TAX EFFECT IN THIS APPEAL IS LESS THAN RS.3 LAKHS. IN VIEW OF THE INSTRUCTIO N NO.3 OF 2011 (F.NO.279/MISC. 142/2007-ITJ), DATED 9 TH FEBRUARY, 2011 ISSUED BY THE CBDT, THE PRESENT APPEAL OF THE REVENUE INVO LVING TAX EFFECT OF LESS THAN RS.3 LAKHS IS NOT MAINTAINABLE BEFORE THIS TRIBUNAL AND ACCORDINGLY THE SAME IS DISMISSED IN L IMINE. 3. IN THE RESULT, THE APPEAL OF THE REVENUE IS DI SMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 10.1.2012 SD/- SD/- (CHANDRA POOJARI) ( (ASHA VIJAYA RAGHAVAN) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED THE 10 TH JANUARY, 2012 ITA NO.1050/H/2011 CH. SIVA PRASAD NAIDU & CO., NELLORE 2 COPY FORWARDED TO: 1. M/S CH. SIVA PRASAD NAIDU & CO., NELLOREPALEM (V) ATMAKUR (M), NELLORE (DISTT.) 2. THE ITO, WARD 4, UPSTAIRS OF SYNDICATE BANK, DARGAMITTA, NELLORE. 3. CIT(A) GUNTUR 4. THE CIT, HYDERABAD 5. THE DR, ITAT, HYDERABAD NP/