ACIT, Circle - 5(1), Hyderabad V. Shri M Venkata Subbaiah, Mahabubnagar

ITA 1359/HYD/2014

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 7037 (ITAT-HYDERABAD)
• Duration Of Justice: 5 year(s) 2 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-10-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB-A
• Next Hearing Date: 15-10-2019
• Assessment Year: 2010-2011
• Appeal Filed On: 28-07-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: C P RAMASWAMY
• Assessee Lawyers: ARVIND DAKSHAN
• Keywords: Tax effect
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH A, HYDERABAD BEFORE SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER AND SHRI V. DURGA RAO, JUDICIAL MEMBER S.NO. ITA NO. AY APPELLANT RESPONDENT 1 1357/H/14 2010 - 11 ASST. COMMISSIONER OF INCOME - TAX, CIRCLE 5(1), HYDERABAD. M. SAI LEELA, MAHABUBNAGAR. PAN AFKPM 6539H 2 1358/H/14 2010 - 11 - DO - M. SRINIVASA RAO, MAHABUBNAGAR. PAN - AFKPM6540A 3 1359/H/14 2010 - 11 - DO - M. VENKATA SUBBAIAH, MAHABUBNAGAR. PAN - ABLPM 4408Q 4 1360/H/14 2010 - 11 - DO - M. VARA PRASAD, MA HABUBNAGAR. PAN - AWSPM 6908 R 5 1361/H/14 2010 - 11 - DO - M RAVI KUMAR, MAHABUBNAGAR. PAN AFKPM 5975R ASSESSEE BY : SHRI ARVIND DAKSHAN DEPARTMENT BY : S HRI C.P. RAMA SWAMY DATE OF HEARING : 15/10/2019 . DATE OF PRONOUNCEMENT : 17 / 1 0 /201 9 . O R D E R PER V. DURGA RAO, J . M .: TH E S E APPEAL S BY THE REVENUE ARE DIRECTED AGAINST THE ORDER S OF COMMISSIONER OF INCOME TAX (APPEALS) - V , HYDERABAD, ALL DATED 28 /0 2 /201 4 FOR THE ASSESSMENT YEAR 20 1 0 - 11 . 2 ITA NO S . 1357 TO 1361/H/14 M. SAI LEELA AND OTHERS. 2. WHEN TH E S E APPEAL S ARE TAKEN UP FOR HEARING, LD.AR HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN TH E S E APPEAL S ARE BELOW RS.50.00 LAKHS AND AS PER THE CBDT CIRCULAR NO. NO.17/2019 , DATED 08/08/2019 , TH E S E APPEAL S ARE NOT MAINTAI NA BLE AND REQU ESTED FOR DISMISSAL OF THE SAME. 3 . ON THE OTHER HAND, LD. DR FAIRLY ACCEPTED THAT THE TAX EFFECT INVOLVED IN TH E S E APPEAL S ARE BELOW RS. 50.00 LAKHS . 4 . IN VIEW OF THE C BDT CIRCULAR NO.17/2019, DATED 08/08/2019 , WHICH WAS FOLLOWED BY N OTIFICATION NO.279/MISC/M - 93/2018 - ITJ, DATED 20 / 08 / 2019 WHEREIN IT WAS CLARIFIED THAT THE REVISED MONETARY LIMITS MENTIONED IN CIRCULAR NO.17/2019 ARE APPLICABLE TO ALL PENDING APPEALS ALSO , TH E S E APPEAL S FILED BY THE REVENUE ARE NOT MAINTAINABLE AND ARE DISMISSED ACCORDINGLY. 5. IN THE RESULT, ALL THE APPEAL S FILED BY THE REVENUE ARE DISMISSED . ORDER PRONOUNCED IN OPEN COURT ON TH IS 17 TH DAY OF OCTOBER, 201 9 . SD/ - SD/ - (A. MOHAN ALANKAMONY ) ( V. DURGA RAO ) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DATED : 17 TH OCTOBER , 201 9 . KV COPY TO: 1. M. SAI LEELA, 2) M. SRINIVASA RAO, 3) M. VENKATA SUBBAIAH, 4) M VARA PRASAD AND 5) M RAVI KUMAR, NO. 1 - 8 - 110, KOSGI ROAD, MAHABUBNAGAR. 5. ACIT, CIRCLE 5(1), 3 RD FLOOR, IT TOWERS, MASAB TANK, HYD. 6. C IT (A) V, HYDERABAD. 7. CIT(A) - IV , HYDERABAD 8. THE D.R . , VISAKHAPATNAM. 9. GUARD FILE.