M/s Cherukuri Veerraju & Co., Rajahmundry V. THE ADDL. CIT, Rajahmundry

ITA 254/VIZ/2013

• Counselvise Citation: [2015] 134 COUNSELVISE.COM (IT) 0206 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 7 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-11-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 18-04-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

ITA NO.254/VIZAG/2013 M/S. CHERUKURI VEERARAJU & CO., RAJAHMUNDRY 1 , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . . . . , ,, , . . . . , , , , % % % % BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER . .. ./ // / I.T.A.NO.254/VIZAG/2013 ( / ASSESSMENT YEAR : 2009-10 ) M/S. CHERUKURI VEERRAJU & CO. RAJAHMUNDRY VS. ADDL. CIT RAJAHMUNDRY [ PAN: AACFC 8959Q ] (, , , , / APPELLANT) (-., -., -., -., / RESPONDENT ) , / / APPELLANT BY : SHRI G.V.N. HARI, AR -., / / RESPONDENT BY : SHRI A. NARAYANANA RAO FOR SHRI TH. LUCAS PETER, CIT(DR) / 3 / DATE OF HEARING : 17.11 .2015 / 3 / DATE OF PRONOUNCEMENT : 27.11.2015 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE O RDER OF CIT, RAJAHMUNDRY FOR THE ASSESSMENT YEAR 2009-10. 2. AT THE TIME OF HEARING, THE LD. COUNSEL FOR THE ASS ESSEE HAS SUBMITTED THAT IN PURSUANCE TO THE ORDER PASSED BY THE ITA NO.254/VIZAG/2013 M/S. CHERUKURI VEERARAJU & CO., RAJAHMUNDRY 2 LD. COMMISSIONER U/S 263 OF THE INCOME-TAX ACT, 196 1 (HEREINAFTER CALLED AS THE ACT), ASSESSING OFFICER HAS PASSED THE CONSEQUENTIAL ORDER. HOWEVER, TAX PAYABLE IS NIL AND NO ADDITION WAS MADE. THEREFORE, PRAYED FOR WITHDRAWAL OF THE APPEAL. 3. THE LD. DR HAS NOT OBJECTED FOR THE SAME. 4. WE HAVE HEARD BOTH THE PARTIES, PERUSED THE RECOR DS AND GONE THROUGH THE ORDERS OF THE AUTHORITIES BELOW. WE FI ND THAT PURSUANT TO THE ORDER PASSED BY THE LD. COMMISSIONER, THERE IS NO TAXABLE INCOME ADDED BY THE AO IN THE CONSEQUENTIAL ORDER. BY CON SIDERING THE PRAYER OF THE LD. COUNSEL FOR THE ASSESSEE, THE GROUNDS OF APPEAL RAISED BY THE ASSESSEE ARE DISMISSED AS NOT PRESSED. 5. IN THE RESULT, APPEAL FILED BY THE ASSESSEE IS DISMISSED . THE ABOVE ORDER WAS PRONOUNCED IN THE OPEN COURT ON 27 TH NOV15. SD/- SD/- ( (( ( . . . . ) ( ) ( ) ( ) ( . .. . ) )) ) ( (( ( G. MANJUNATHA) ( (( ( V. DURGA RAO ) )) ) / // / ACCOUNTANT MEMBER / // / JUDICIAL MEMBER /VISAKHAPATNAM: 6 / DATED : 27.11.2015 VG/SPS ITA NO.254/VIZAG/2013 M/S. CHERUKURI VEERARAJU & CO., RAJAHMUNDRY 3 / - 7 / COPY OF THE ORDER FORWARDED TO :8 1. , / THE APPELLANT M/S. CHERUKURI VEERRAJU & CO., D.NO.24-14-5, R.V. NAGAR, RAJAHMUNDRY, E.G.DIST. 2. -., / THE RESPONDENT ADDL. CIT, RAJAHMUNDRY 3. : / THE CIT, RAJAHMUNDRY 4. : () / THE CIT(A), RAJAHMUNDRY 5. -, , / // / DR, ITAT, VISAKHAPATNAM 6 . . . . / GUARD FILE / BY ORDER // TRUE COPY // @A ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM