THE DCIT, Vijayawada V. M/s Sri Sai Lakshmi Constructions & Co, Vijayawada

ITA 263/VIZ/2015

• Counselvise Citation: [2016] 130 COUNSELVISE.COM (IT) 9859 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 3 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-09-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 12-06-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: G GURUSAMY
• Section: 143(3)

Judgement Text

ITA NO.263/VIZAG/2015 M/S. SRI SAI LAKSHMI CONSTRUCTIONS & CO., VIJAYAWAD A 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.263/VIZAG/2015 ( / ASSESSMENT YEAR: 2009-10) DY. CIT, CIRCLE - 2(1), VIJAYAWADA VS. M/S. SRI SAI LAKSHMI CONSTRUCTIONS & CO., VIJAYAWADA [PAN: AAOFS7183E ] ( % / APPELLANT) ( &'% / RESPONDENT) / APPELLANT BY : SHRI G. GURUSAMY, DR / RESPONDENT BY : SHRI G.V.N . HARI, AR / DATE OF HEARING : 21.09.2016 / DATE OF PRONOUNCEMENT : 26.09.2016 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAIN ST ORDER OF THE CIT(A), VIJAYAWADA DATED 15.4.2015 FOR THE ASSESSME NT YEAR 2009-10. ITA NO.263/VIZAG/2015 M/S. SRI SAI LAKSHMI CONSTRUCTIONS & CO., VIJAYAWAD A 2 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE BASIS FOR THE CONSE QUENTIAL ORDER PASSED BY THE A.O. U/S 143(3) R.W.S. 263 OF THE INC OME TAX ACT, 1961 (HEREINAFTER CALLED AS 'THE ACT') IS QUASHED BY THE ITAT IN ITA NO.175/VIZAG/2014 DATED 5.12.2014. THEREFORE, ALL SUBSEQUENT PROCEEDINGS ARE INVALID. WE FIND THAT THE LD. CIT(A ) HAS OBSERVED THAT THE ORDER UNDER APPEAL WAS PASSED IN PURSUANT TO TH E DIRECTIONS OF THE CIT(A), VIJAYAWADA VIDE ORDER U/S 263 OF THE ACT, T HE SAID REVISIONARY ORDER WHICH WAS THE BASIS FOR THE ORDER UNDER APPEA L WAS QUASHED BY THE ITAT VIDE ORDER DATED 15.12.2014 AND THE ASSESS MENT ORDER PASSED CONSEQUENTIAL U/S 143(3) R.W.S. 263 OF THE ACT HAS NO LEGAL SANCTITY TO EXIST AND ANNULLED THE ORDER PASSED U/S 143(3) R.W. S. 263 OF THE ACT AND DECIDED IN FAVOUR OF THE ASSESSEE. WE FIND NO INFI RMITY IN THE ORDER OF THE CIT(A). THUS, THIS GROUND OF APPEAL IS DISMISS ED. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE I S DISMISSED. THE ABOVE ORDER WAS PRONOUNCED IN THE OPEN COURT ON 26 TH SEPT16. SD/- SD/- ( . ) ( . ) (G. MANJUNATHA) (V. DURGA RAO) /ACCOUNTANT MEMBER /JUDICIAL MEMBER ! /VISAKHAPATNAM: % /DATED : 26 TH SEPT16 VG/SPS ITA NO.263/VIZAG/2015 M/S. SRI SAI LAKSHMI CONSTRUCTIONS & CO., VIJAYAWAD A 3 '! (! /COPY OF THE ORDER FORWARDED TO:- 1. / THE APPELLANT THE DCIT, VIJAYAWADA 2. / THE RESPONDENT M/S. SRI SAI LAKSHMI CONSTRUCTI ONS & CO., D.NO.59-7- 11/2, SRI SAI NILAYAM, ACHARYA RANGA STREET, RAMACH ANDRA NAGAR, VIJAYAWADA- 520 010. 3. ) / THE CIT, VIJAYAWADA 4. ) ( ) / THE CIT(A), VIJAYAWADA 5. ! , , , , ! / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY // /0 , (SR.PRIVATE SECRETARY) , , ! / ITAT, VISAKHAPATNAM