Income Tax Officer, Ward-1, Proddatur V. Sri Kopparthi Surendra Reddy, Proddatur

ITA 1261/HYD/2012

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 66588 (ITAT-HYDERABAD)
• Duration Of Justice: 4 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-12-2012
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2006-2007
• Appeal Filed On: 23-08-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: AMISHA S GUPT
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH, HYDERABAD BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER ITA NO.1261/HYD/2012- ASSTT. YEAR:2006-07 INCOME-TAX OFFICER, WARD-1, PRODDATUR .... APPELLANT VS. SRI K. SURENDRA REDDY, PRODDATUR. PAN: ACZPK 5895N RESPONDENT APPELLANT BY : SMT.AMISHA S. GUPT RESPONDENT BY : NONE DATE OF HEARING : 26-11-2012 DATE OF PRONOUNCEMENT: 26-11-2 012 ORDER PER CHANDRA POOJARI, AM: THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAINS T ORDER DATED 13-6-2012 OF CIT (A), GUNTUR PERTAINING TO TH E ASSESSMENT YEAR 2006-07. 2. DESPITE NOTICE, THERE WAS NO APPEARANCE ON BEHALF O F THE ASSESSEE- RESPONDENT. HENCE, WE HAVE HEARD THE LEARNED DEPAR TMENTAL REPRESENTATIVE AND PERUSED THE MATERIAL AVAILABLE ON RECORD. WE FI ND THAT THE TAX EFFECT IN THIS CASE IS LESS THAN RS. 3 LAKHS. IN VIEW OF THE INSTRUCTION NO.3 OF 2011 (F.NO.279/MISC.142/2007/ITJ), DATED 9 TH FEBRUARY, 2011 ISSUED BY THE CENTRAL BOARD OF DIRECT TAXES, THE PRESENT APPEAL I NVOLVING TAX EFFECT OF LESS 2 ITA NO. 1261 OF 2012 K. SURENDRA REDDY, PRODDATUR.. THAN RS. 3 LAKHS IS NOT MAINTAINABLE AND ACCORDINGL Y THIS APPEAL OF THE REVENUE IS DISMISSED. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE STANDS DISMISSED AS UNADMITTED. ORDER PRONOUNCED IN THE COURT ON 26 -11-2012. SD/- (SAKTIJIT DEY) JKUDICIAL MEMBER SD/- (CHANDRA POOJARI) ACCOUNTANTMEMBER HYDERABAD, DATED THE 26 TH NOVEMBER, 2012. COPY TO:- 1) ITO, WARD-1, PRODDATUR. 2) SRI K. SURENDRA REDDY, 26-870-9, NAGENDRA NAGAR, PRODDATUR, KADAPA DISTRICT. 3) THE CIT (A), GUNTUR. 4) THE CIT CONCERNED,GUNTUR/ HYDERABAD 5) THE DR, I.T.A.T., HYDERABAD. JMR*