DCIT, Central Circle, Tirupathi V. Sri P. Guljarilalnanda, Tirupathi

ITA 177/HYD/2011

• Counselvise Citation: [2011] 134 COUNSELVISE.COM (IT) 3230 (ITAT-HYDERABAD)
• Duration Of Justice: 5 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-07-2011
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 11-07-2011
• Assessment Year: 2007-2008
• Appeal Filed On: 03-02-2011
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: B V PRASAD REDDY
• Assessee Lawyers: SHAIK JEELANI BASHA
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B ', HYDERABAD BEFORE SHRI G.C.GUPTA, VICE PRESIDENT AND SHRI CHANRA POOJARI, ACCOUNTANT MEMBER ITA NO.177/HYD/11 : ASSTT. YEAR 2007-08 DY. COMMISSIONER OF INCOME - TAX, CENTRAL CIRCLE, TIRUPATI. V/S. SHRI P.GULJARILAL NANDA, TIRUPATI. ( PAN AEIPP 6446 H ) (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI B.V.PRASAD REDDY RESPONDENT BY : SHRI SHAIK JEELANI BASHA O R D E R PER G.C.GUPTA, VICE PRESIDENT: THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEA RS 2007-08 IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF I NCOME-TAX (APPEALS). 2. WE HAVE HEARD THE PARTIES. IT IS AN UNDISPUT ED FACT THAT THE TAX EFFECT IN THIS APPEAL IS LESS THAN RS.3 LAKHS. WE FIND IN VIEW OF THE INSTRUCTION NO.3 OF 2011 [F. NO. 279/MISC. 142/2007-ITJ], DATED 9 TH FEBRUARY, 2011 ISSUED BY THE CBDT, THE PRESENT APPEAL OF THE REVENUE INVO LVING TAX EFFECT OF LESS THAN RS.3-LAKHS IS NOT MAINTAINABLE AND ACCORDINGLY THIS APPEAL OF THE REVENUE IS DISMISSED IN LIMINE. 3. IN THE RESULT, APPEAL OF THE REVENUE IS DISMI SSED. ORDER PRONOUNCED IN THE COURT ON 12 TH JULY, 2011 SD/- SD/- (CHANDR A POOJARI) (G.C.GUPTA) ACCOUNTANT MEMBER VICE PRESIDENT DT/- 12 TH JULY, 2011 ITA NO.177/HYD/11 SHRI P.GULJARILAL NANDA, TIRUPATI. 2 COPY FORWARDED TO: 1. SHRI P.GULJARILAL NANDA, TIRUPATI CO - OP. BANK, G. CAR STREET, TIRUPATI. 2. DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE, TIRUPATI. 3. COMMISSIONER OF INCOME - TAX(APPEALS) - VII, HYDERABAD. 4. COMMISSIONER OF INCOME-TAX, CENTRAL , HYDERABAD 5. THE DEPARTMENTAL REPRESENTATIVE, ITAT, HYDERABAD. B.V.S.