M/s Sri Lakshmi Satyanarayana Raw & Boiled Rice Mill, V. The ACIT, Circle-1, Kakinada, Kakinada

ITA 155/VIZ/2012

• Counselvise Citation: 15525314 RSA 2012
• Duration Of Justice: 2 year(s) 1 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-07-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 03-07-2014
• Assessment Year: 2007-2008
• Appeal Filed On: 09-05-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: K V N CHARYA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH , VISAKHAPATNAM BEFORE SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER ITA NO. 155/VIZ/2012 ASSESSMENT YEAR : 2007-08 SRI LAKSHMI SATYANARAYANA RAW & BOILED RICE MILL, PENUGUDUR, EAST GODAVARI PAN AAPFS9531B ASST. COMMISSIONER OF INCOME, CIRCLE 1, KAKINADA (APPELLANT) (RESPONDENT) ASSESSEE BY SHRI G.V.N. HARI REVENUE BY SHRI K.V.N. CHARYA DATE OF HEARING 03-07-2014 DATE OF PRONOUNCEMENT 03-07-2014 O R D E R PER J. SUDHAKAR REDDY, A.M.: AT THE TIME OF HEARING OF THIS APPEAL, THE LEARNED COUNSEL FOR THE ASSESSEE SHRI G.V.N. HARI SUBMITTED THAT AS THE ASS ESSEE GOT SUBSTANTIAL RELIEF FROM THE DEPARTMENT, THE ASSESSEE DOES NOT W ANT TO PRESS THIS APPEAL. THE LEARNED DEPARTMENTAL REPRESENTATIVE SHR I K.V.N. CHARYA DID NOT RAISE ANY OBJECTION TO SUCH SUBMISSION. THE MATTER HAS BEEN CONSIDERED. SINCE THE ASSESSEE DOES NOT WANT TO PRE SS THIS APPEAL, THE ASSESSEE IS ALLOWED TO WITHDRAW THE SAME. 2. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED AS NOT PRESSED. PRONOUNCED IN THE OPEN COURT ON 03/07/2014. SD/- SD/- (SAKTIJIT DEY) (J. SUDHAKAR REDDY) JUDICIAL MEMBER ACCOUNTANT MEMBER VISAKHAPATNAM, DATED: 3 RD JULY, 2014 KV 2 ITA NO. 155/VIZ/2012 SRI LAKSHMI SATYANARAYANA RAW & BOILED RICE MILL. COPY TO:- 1) M/S SAI LAKSHMI SATYANARAYANA RAW & BOILED RICE MILL, PENUGUDURU, EAST GODAVARI DISTRICT. 2) ACIT, CIRCLE 1, KAKINADA 3) CIT, RAJAHMUNDRY 4) ADDL. CIT, KAKINADA RANGE, KAKINADA 5)THE DEPARTMENTAL REPRESENTATIVE, I.T.A.T., V IZAG.