Asst. CIT, Circle-16(2), Hyderabad V. Suresh Guptha Rama Swamy, Hyderabad

ITA 1478/HYD/2012

• Counselvise Citation: [2013] 120 COUNSELVISE.COM (IT) 2886 (ITAT-HYDERABAD)
• Duration Of Justice: 8 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-06-2013
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2007-2008
• Appeal Filed On: 28-09-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: AMISHA S GUPT
• Assessee Lawyers: T CHAITANYA KUMAR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B', HYDERABAD BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. ASHA VIJAYARAGHAVAN, JUDICIAL MEMBER ITA NO. 1478/HYD/2012 ASSESSMENT YEAR 2007-08 THE ACIT CIRCLE-16(2) HYDERABAD VS. SRI SURESH GUPTHA RAMA SWAMY, HYDERRABAD PAN: ABSPR4356F APPELLANT RESPONDENT APPELLANT BY: SMT. AMISHA S. GUPT RESPONDENT BY: SRI T. CHAITANYA KUMAR DATE OF HEARING: 18 .0 6 .2013 DATE OF PRONOUNCEMENT: 18 .0 6 .2013 O R D E R PER CHANDRA POOJARI, AM: THIS APPEAL BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE CIT(A)-V, HYDERABAD DATED 31.7.2012 FOR A.Y. 2007-08. 2. AFTER HEARING BOTH THE PARTIES, WE ARE OF THE OPINI ON THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS LESS THAN RS. 3 LAKHS. BEING SO, IN VIEW OF THE INSTRUCTION NO. 3 OF 2011 (F. NO. 279/ MISC. 142/2007-ITJ), DATED 9TH FEBRUARY, 2011 ISSUE D BY THE CBDT, THE PRESENT APPEAL OF THE REVENUE INVOLVING T AX EFFECT OF LESS THAN RS. 3 LAKHS IS NOT MAINTAINABLE BEFORE TH IS TRIBUNAL AND ACCORDINGLY THE SAME IS DISMISSED IN LIMINE WIT HOUT ADMITTING THE SAME. 3. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 18 TH JUNE, 2013. SD/ - (ASHA VIJAYARAGHAVAN) JUDICIAL MEMBER SD/ - (CHANDRA POOJARI) ACCOUNTANT MEMBER HYDERABAD, DATED 18 TH JUNE, 2013 TPRAO ITA NO. 1478/HYD/2012 SRI SURESH GUPTHA RAMA SWAMY ========================= 2 COPY FORWARDED TO: 1. THE ACIT, CIRCLE - 16(2), 6 TH FLOOR, AAYAKAR BHAVAN, HYDERABAD. 2. SRI SURESH GUPTHA RAMA SWAMY, 7 - 1 - 618/V, FLAT NO. 304, VIDYA BLOCK, ADITYA ENCLAVE, KUMARBASTHI, AMEERPET, HYDERABAD. 3 . THE CIT(A) - V, HYDERABAD. 4 . THE CIT - I V , HYDERABAD. 5 . THE DR ' B ' BENCH, ITAT, HYDERABAD