Income Tax Officer, Ward-9(1) , Hyderabad V. Naganjaneya Sarma Tadepalli , Hyderabad

ITA 186/Hyd/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 9538 (ITAT-HYDERABAD)
• Duration Of Justice: 4 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-06-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB-A
• Assessment Year: 2016-2017
• Appeal Filed On: 10-02-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: K.J. DIVYA
• Keywords: Tax effect
• Section: 271D; 20

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH A, HYDERABAD BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO.186/HYD/2020 ASSESSMENT YEAR: 2016 - 17 THE INCOME TAX OFFICER, WARD - 9(1). HYDERABAD. VS. SRI NAGANJANEYA SARMA THADEPALLI, HYDERABAD. PAN: ABSPT 0411 F (APPELLANT) (RESPONDENT) ASSESSEE BY: NONE REVENUE BY: SHRI K.J. DIVYA, DR /DATE OF HEARING: 18/06/2020 DATE OF PRONOUNCEMENT: 18/06/2020 ORDER PER A. MOHAN ALANKAMONY, AM.: THIS APPEAL IS FILED BY THE REVENUE AGAINST THE ORDER OF THE LD. CIT(A) - 7, HYDERABAD DATED 28/11/2019 IN APPEAL NO. 0132/CIT(A) - 7/2019 - 20 PASSED U/S. 271D R.W.S 250(6) OF THE ACT FOR THE ASST. YEAR 2016 - 17. 2 . THIS APPEAL WAS HEARD THROUGH VIDEO CONFERENCING. AT THE TIME OF HEARING IT HAS BEEN BROUGHT TO OUR NOTICE THAT AS PER THE CBDT CIRCULARS NO.03/2018 DATED 11.07.2018 AND CIRCULAR NO.17 OF 2019 DATED 9 TH AUGUST, 2019, THE TAX LIMIT FOR FILING APPEAL BY THE REVEN UE BEFORE THE TRIBUNAL HAS BEEN FIXED AT RS.50.00 LAKHS AND ABOVE. THEREFORE, SINCE 2 THE TAX EFFECT IN THE PRESENT APPEAL BEFORE US IS LESS THAN RS.50.00 LAKH, WE HEREBY DISMISS THE SAME WITH LIBERTY TO THE REVENUE TO SEEK RECALL OF THE ORDER, IF THE APPEA L FALLS WITHIN THE EXCEPTIONS MENTIONED IN THE CIRCULARS OF THE CBDT. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. PRONOUNCED IN THE OPEN COURT ON THE 18 TH JUNE, 2020. SD/ - SD/ - (P. MADHAVI DEVI) ( A. MOHAN ALANKAMONY ) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDERABAD, DATED: 18 TH JUNE, 2020 OKK COPY TO: - 1) SHRI NAGANJANEYA SARMA THADEPALLI, H.NO.5 - 4 - 469, PLOT NO.27, ANDHRA KESARI NAGAR, ROAD NO.1, VANASTHALIPURAM, HYDERABAD. 2) THE INCOME TAX OFFICER, WARD - 9(1), 2 ND FLOOR, D BLOCK, IT TOWERS, AC GUARDS, MABASB TANK, HYDERABAD. 3) THE CIT(A) - 7, HYDERABAD 4) THE PR. CIT - 7, HYDERABAD 5) THE DR, ITAT, HYDERABAD 6) GUARD FILE