The Asst. Commissioner of Income- Tax, Guntur V. M/s. Teja Constructions, Guntur

ITA 109/VIZ/2017

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 3867 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 1 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-05-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2008-2009
• Appeal Filed On: 06-03-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: D J P ANAND
• Keywords: Tax effect

Judgement Text

ITA NO.109 /VIZAG/2017 M/S. TEJA CONSTRUCTIONS, GUNTUR 1 , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . , . .. . . . . . ' , % BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI D.S. SUNDER SINGH, ACCOUNTANT MEMBER ./I.T.A.NO.109/VIZAG/2017 ( / ASSESSMENT YEAR: 2008-09) ACIT, CIRCLE - 2(1) GUNTUR M/S. TEJA CONSTRUCTIONS GUNTUR (PAN NO.AAFFT0709E) ( ' / APPELLANT) ( ()' / RESPONDENT) / APPELLANT BY : SHRI D.J.P. ANAND, DR / RESPONDENT BY : SHRI G.V.N. HARI, AR / DATE OF HEARING : 04.04.2018 / DATE OF PRONOUNCEMENT : 0 6.04.2018 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAIN ST ORDER OF THE CIT(A)-1, GUNTUR VIDE ITA NO.188/CIT(A)-1/GNT/2014- 15 DATED 29.9.2016 FOR THE ASSESSMENT YEAR 2008-09. 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS ITA NO.109 /VIZAG/2017 M/S. TEJA CONSTRUCTIONS, GUNTUR 2 BELOW RS.10 LAKHS. AS PER THE CIRCULAR NO.21/2015 DATED 10.12.2015 OF CBDT BEING RETROSPECTIVE IN NATURE, THE APPEAL FILE D BY THE REVENUE IS NOT MAINTAINABLE. THE LD. D.R. RELIED ON THE GROUN DS OF APPEAL. IN VIEW OF THE ABOVE, THE APPEAL FILED BY THE REVENUE IS NO T MAINTAINABLE. HENCE, THE SAME IS DISMISSED. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE I S DISMISSED. THE ABOVE ORDER WAS PRONOUNCED IN THE OPEN COURT O N 6 TH APR18. SD/- SD/- ( . .. . . . . . ' ) ( . ) (D.S. SUNDER SINGH) (V. DURGA RAO) /ACCOUNTANT MEMBER /JUDICIAL MEMBER # /VISAKHAPATNAM: ' /DATED : 06.04.2018 VG/SPS )# *# /COPY OF THE ORDER FORWARDED TO:- 1. / THE APPELLANT THE ACIT, CIRCLE-2(1), GUNTUR 2. / THE RESPONDENT M/S. TEJA CONSTRUCTIONS, D.NO.4 -23-66/7, 4 TH LINE, MUTYALAREDDY NAGAR, GUNTUR 3. + / THE PRINCIPAL CIT, GUNTUR 4. + ( ) / THE CIT (A)-1, GUNTUR 5. # . , . , # / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY // SR. PRIVATE SECRETARY ITAT, VISAKHAPATNAM