ITA NOS.302 & 303/VIZ/2013 M/S. SRI KANAKA DURGA PROJECTS, VIJAYAWADA , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . . . . , . . . . , $ $ $ $ BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER ./ I.T.A.NOS. 302 & 303/VIZAG/2013 ( / ASSESSMENT YEARS : 2006-07 & 2007-08) DC IT , CIRCLE - 2( 1 ) , VIJAYAWADA. VS. M/S. SRI KANAKA DURGA PROJECTS, D.NO. 41-1-63, GANGANAMMA TEMPLE STREET, BRAHMARAMBAPURAM, KRISHNALANKA, VIJAYAWADA. [ PAN : AARFS 4216 K] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / ASSESSEE BY : SHRI C. SUBRAHMANYAM , AR '(& ) / REVENUE BY : SHRI I. SIRISH KUMAR, DR ) - / DATE OF HEARING : 2 8 /12/2015 ) - / DATE OF PRONOUNCEMENT : 28 /12/2015 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THESE APPEALS ARE FILED BY THE REVENUE AGAINST THE SEPARATE ORDERS OF THE CIT(A), VIJAYAWADA EACH DATED 27/02/2 013 FOR THE A.YS. 2006-07 & 2007-08. 2 ITA NOS.302 & 303/VIZ/2013 M/S. SRI KANAKA DURGA PROJECTS, VIJAYAWADA 2. WHEN THESE APPEALS ARE TAKEN UP FOR HEARING, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVO LVED IN THESE APPEAL IS BELOW RS. 10 LAC. AS PER THE LATEST CIRCULAR NO .21/2015 OF CBDT DATED 10/12/2015, BEING RETROSPECTIVE IN NATURE, TH E APPEALS FILED BY THE REVENUE ARE NOT MAINTAINABLE. THE LD. D.R. HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE ABOVE, THE APPEALS FILED BY THE REVENUE ARE NOT MAINTAINABLE. HENCE, THE SAME ARE DISMISSED. 3. IN THE RESULT, THE APPEALS FILED BY THE REVENUE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 28 TH DECEMBER, 2015. SD/- SD/- ( . . . . ) ( . ) ( G. MANJUNATHA) ( (( ( V. DURGA RAO ) )) ) / // / ACCOUNTANT MEMBER / // / JUDICIAL MEMBER /VISAKHAPATNAM: 3 / DATED : 28/12/2015 VG/SPS ) ' 4 / COPY OF THE ORDER FORWARDED TO :- 1. & / THE ASSESSEE M/S. SRI KANAKA DURGA PROJECTS, D.N O. 41-1-63, GANGANAMMA TEMPLE STREET, BRAHMARAMBAPURAM, KRISHNA LANKA, VIJAYAWADA. 2. '(& / THE REVENUE DCIT, CIRCLE-2(1), VIJAYAWADA. 3. 5 / THE CIT, VIJAYAWADA. 4. 5 ( ) / THE CIT (A), VIJAYAWADA. 5. ' , , / DR, ITAT, VISAKHAPATNAM 6. / GUARD FILE / BY ORDER // TRUE COPY //