The DCIT, Visakhapatnam V. M/s. Srivalli Shipping & Transport Pvt. Ltd., Visakhapatnam

ITA 133/VIZ/2016

• Counselvise Citation: [2017] 126 COUNSELVISE.COM (IT) 6468 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 8 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-12-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 23-03-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: V APPALA RAJU
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH, VISAKHAPATNAM BEFORE SHRI V. DURGA RAO , HONBLE JUDICIAL MEMBER & SHRI D.S. SUNDER SINGH , HONBLE ACCOUNTANT MEMBER ITA NO. 133 / VIZ /201 6 (ASST. YEAR : 20 12 - 13 ) D CIT, CIRCLE - 4 (1), VISAKHAPATNAM . V S . M/S. SRIVALLI SHIPPING & TRANSPORT PRIVATE LTD., D.NO. 23 - 22 - 21, SECOND FLOOR, SIVALAYAM STREET, ONE TOWN AREA, VISAKHAPATNAM. PAN NO. AAPCS 7844 G (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI G.V.N. HARI ADV OCATE . DEPARTMENT BY : SHRI V. APPALA RAJU SR. DR DATE OF HEARING : 21 / 1 2 /201 7 . DATE OF PRONOUNCEMENT : 21 / 1 2 /201 7 . O R D E R PER V. DURGA RAO, JUDICIAL MEMBER TH IS APPEAL BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS) - 2 , GUNTUR , DATED 05 /0 1 /201 6 FOR THE ASSESSMENT YEARS 20 12 - 13 . 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, LD. C OUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS BELOW RS.10 LAKHS AND A S PER THE CBDT CIRCULAR N O.21/2015 DATED 10.12.2015, THE APPEAL FILED BY THE REVENUE IS NOT MAINTAINA BLE. LD. DEPARTMENTAL REPRESENTATIVE HAS NOT RAISED 2 ITA NO. 133 /VIZ/2016 ( M/S. SRIVALLI SHIPPING & TRANSPORT PVT. LTD. ) ANY OBJECTION. IN VIEW OF THE ABOVE, THIS APPEAL FILED BY THE REVENUE IS NOT MAINTAINABLE AND ACCORDINGLY DISMISSED. 3 . IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED . ORDER PRONOUNCED IN OPEN COURT ON TH IS 21 ST DAY OF DEC. , 201 7 . S D / - S D / - ( D.S. SUNDER SINGH ) ( V. DURGA RAO ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 21 ST DECEMBER , 201 7 . VR/ - COPY TO: 1. THE ASSESSEE M/S. SRIVALLI SHIPPING & TRANSPORT PRIVATE LTD., D.NO. 23 - 22 - 21, SECOND FLOOR, SIVALAYAM STREET, ONE TOWN AREA, VISAKHAPATNAM. 2. THE REVENUE - DCIT , CIRCLE - 4 (1), VISAKHAPATNAM . 3. THE PR. CIT - 2 , VISAKHAPATNAM . 4. THE CIT(A) - 2 , GUNTUR . 5. THE D.R . , VISAKHAPATNAM. 6. GUARD FILE. BY ORDER (VUKKEM RAMBABU) SR. PRIVATE SECRETARY, ITAT, VISAKHAPATNAM.