ITO, Ward-10(5), Hyderabad, Hyderabad V. Anita Myadam, Sec'bad, Secunderabad

ITA 1340/HYD/2015

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 6241 (ITAT-HYDERABAD)
• Duration Of Justice: 9 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-09-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 19-09-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 04-12-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: K J RAO
• Assessee Lawyers: N O N E
• Keywords: Tax effect
• Section: 69

Judgement Text

ITA NO 1340 OF 2015 SMT ANITA MAYADAM SECUNDERABAD. PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH, HYDERABAD BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI B. RAMAKOTAIAH, ACCOUNTANT MEMBER ITA NO.1340/HYD/2015 (ASSESSMENT YEAR: 2010-11) INCOME TAX OFFICER WARD 10(5) HYDERABAD VS SMT. ANITA MYADAM D.NO.10-2-262/263 SP ROAD WEST MARREDPALLY, SECUNDERABAD PAN: ADDPM 2304 J FOR REVENUE: SHRI K.J. RAO, DR FOR ASSESSEE: N O N E O R D E R PER SMT. P. MADHAVI DEVI, J.M. THIS IS REVENUES APPEAL FOR THE A.Y 2020-11. THIS APPEAL IS AGAINST LEVYING OF PENALTY BY THE AO U/S 69 OF THE ACT. 2. AT THE TIME OF HEARING, INCOME TAX OFFICER, WARD 10(5) HYDERABAD, SUBMITTED THAT IN THE ABOVE CASE, THE TA X EFFECT IS LESS THAN RS.10.00 LAKHS, HENCE WITHDRAWING THIS APPEAL PENDING BEFORE THE ITAT. THE CBDT VIDE CIRCULAR NO.21/2005 DATED 10.12.2015 HAS PRESCRIBED THE MONETARY LIMITS OF TH E TAX EFFECT FOR FILING OF APPEALS BEFORE THE TRIBUNAL, HIGH COURT & SUPREME COURT. THEREFORE, IN VIEW OF CBDT CIRCULAR NO.21/20 15, DATED 10 TH DECEMBER, 2015, THE REVENUES APPEAL IS DISMISSED. DATE OF HEARING : 19 .09.2016 DATE OF PRONOUNCEMENT : 19.09.2016 ITA NO 1340 OF 2015 SMT ANITA MAYADAM SECUNDERABAD. PAGE 2 OF 2 3. IN THE RESULT, REVENUES APPEAL IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 19 TH SEPTEMBER, 2016. SD/- SD/- (B. RAMAKOTAIAH) ACCOUNTANT MEMBER (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DATED 19 TH SEPTEMBER, 2016. VINODAN/SPS COPY TO: 1 INCOME TAX OFFICER WARD 10(5), ROOM NO.517, 5 TH FLOOR, A BLOCK, IT TOWERS, AC GUARDS, HYDERABAD 2 SMT. ANITA MYADAM, D.NO.10-2-262/263, SP ROAD, WE ST MARREDPALLY, SECUNDERABAD 3 CIT (A)-4 HYDERABAD 4 CIT 6 HYDERABAD 5 THE DR, ITAT HYDERABAD 6 GUARD FILE BY ORDER