M.Sridevi, Hyd, Hyderabad V. ACIT, Central Circle-7. Hyd, Hyderabad

ITA 1072/HYD/2015

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 2467 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 6 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-02-2018
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: B
• Next Hearing Date: 12-02-2018
• Assessment Year: 2007-2008
• Appeal Filed On: 18-08-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: D PRASADA RAO

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B', HYDERABAD BEFORE SHRI B. RAMAKOTAIAH, ACCOUNTANT MEMBER AND SHRI V. DURGA RAO, JUDICIAL MEMBER ITA NOS. 1069, 1070, 1071, 1072, 1073, 1074 & 1075/HYD/2015 AYS: 2004-05, 2005-06, 2006-07, 2007-08, 2008-09, 2 009-10 AND 2010-11 M. SRIDEVI, HYDERABAD. PAN ADNPM3562F VS. ASST. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE -7, HYDERABAD. APPELLANT RESPONDENT ASSESSEE BY: SHRI MOHD. AFZAL REVENUE BY: SHRI D. PRASADA RAO DATE OF HEARING: 12/02/2018 DATE OF PRONOUNCEMENT: 16/02/2018 O R D E R PER V. DURGA RAO, J.M: ALL THESE APPEALS FILED BY SAME ASSESSEE ARE DIREC TED AGAINST THE ORDERS OF CIT(A) 1, GUNTUR, ALL DATE D, 11/06/2015 FOR THE AYS 2004-05 TO 2010-11. AS IDENT ICAL ISSUES ARE INVOLVED IN THESE APPEALS, THEY WERE CLU BBED AND HEARD TOGETHER AND, THEREFORE, WE DISPOSE OF THESE APPEALS BY WAY OF THIS CONSOLIDATED ORDER FOR THE SAKE OF C ONVENIENCE. 2. THE GROUNDS, AS RAISED IN AY 2004-05 IN ITA NO. 1069/HYD/2015, WHICH ARE COMMON IN ALL THE APPEALS UNDER CONSIDERATION EXCEPT THE QUANTUM OF ADDITION, ARE A S UNDER: 1. THE ORDER OF THE LEARNED COMMISSIONER OF INCOME TAX (APPEALS) IS AGAINST LAW, AND PROBABILITIES OF CASE . 2. THE LEARNED COMMISSIONER OF INCOME TAX (APPEALS) OUGHT TO HAVE APPRECIATED THAT NO SEIZED MATERIAL W AS FOUND DURING THE COURSE OF SEARCH, BELONGING TO