Dy. Commissioner of Income Tax , Circle-5(1), Hyderabad V. Praveen Kumar Agarwal, Hyderabad

ITA 1119/Hyd/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 8916 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 5 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-01-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB-A
• Assessment Year: 2013-2014
• Appeal Filed On: 09-07-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH : HYDERABAD (THROUGH VIDEO CONFERENCING ) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO. 1119 / HYD. /201 9 A.Y. 2013 - 14 DY.CIT, CIRCLE 5(1) VS. SH. PRAVEEN KUMAR AGARWAL HYDERABAD HYDERABAD PAN: AEOPKK0691R (APPELLANT) (RESPONDENT) F OR REVENUE : SH. SUNIL KUMAR PANDEY, D. R. FOR ASSESSEE : NONE D ATE OF HEARING : 07/01 /202 1 DATE OF PRONOUNCEMENT : 08 /01 /202 1 - O R D E R PER SMT. P. MADHAVI DEVI, J.M. THIS IS REVENUES APPEAL FOR THE A.Y. 20 13 - 14 AGAINST THE ORDER OF LD.CIT (A), HYDERABAD DATED 25.04.2019. THE APPEAL OF THE REVENUE WAS TAKEN UP FOR HEARING THROUGH VIDEO CONFERENCING ON 07.01.2021. NONE APPEARED ON BEHALF OF ASSESSEE. HEARD SHRI SUNIL KUMAR PANDEY , THE LD.DR ON BEHALF OF REVENUE. 2. AT THE OUTSET , LD.DR ACCEPTED THAT THE TAX EFFECT IN THIS APPEAL IS LESS THAN THE STATUTORY LIMIT OF RS.50,00,000/ - AS PER T HE CBDT CIRCULAR NO.17/2019 DATED 08.08.2019. ITA NO. 1119 / HYD. /201 9 AY 20 13 - 14 SRI PRAVEEN KUMAR AGARWAL 2 3 . THEREFORE, THE APPEAL OF THE REVENUE IS DISMISSED FOR LOW TAX EFFECT IN ACCORDANCE WITH THE CBDT CIRCULAR NO.17/2019 DATED 08.08.2019 WITH LIBERTY TO SEEK RECALL OF THIS ORDER IF THIS CASE FALLS WITHIN ANY OF THE EXCEPTIONS TO THE CBDT CIRCULAR. THUS, R EVENUES APPEAL IS DISMISSED. 4. I N THE RESULT, REVENUES APPEAL STANDS DISMISSED. ORDER PRONOUNCED ON 08 TH JANUARY, 2021 . SD/ - SD/ - (A. MOHAN ALANKAMONY) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 08 TH JANUARY, 2021 . *GMV COPY FORWARDED TO: 1. PRAVEEN KUMAR AGARWAL, H.NO. 4 - 1 - 968/1, ABIDS ROAD, HYDERABAD. 2. DY.CIT, CIRCLE 5(1), HYDERABAD . 3. CIT(A) - 4, HYDERABAD. 4. PR.CIT - 4 , HYDERABAD 4. DR, ITAT, HYDERABAD. 5 . GUARD FILE.