Sri K.Bala krishna Rao, Vijayawada V. The DCIT, Circle-1(1), Vijayawada, Vijayawada

ITA 378/VIZ/2012

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 94100 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 9 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-07-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2006-2007
• Appeal Filed On: 15-10-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M N M NAIK SR
• Assessee Lawyers: N O N E

Judgement Text

ITA NOS.377&378/VIZAG/2012 K.C.S. PRASAD & K. BALA KRISHNA RAO, VJA IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM SMC BENCH, VISAKHAPATNAM BEFORE: SHRI B.R. BASKARAN, ACCOUNTANT MEMBER ITA NO. 377 /VIZAG/ 2012 ASSESSMENT YEAR : 2006-07 K.C.S. PRASAD VIJAYAWADA VS. DCIT CIRCLE-1(1) VIJAYAWADA (APPELLANT) (RESPONDENT) PAN NO.ACWPK 3509N ITA NO.378/VIZAG/2012 ASSESSMENT YEAR : 2006-07 K. BALA KRISHNA RAO VIJAYAWADA VS. DCIT CIRCLE-1(1) VIJAYAWADA (APPELLANT) (RESPONDENT) PAN NO.APRPK 6092K ASSESSEE BY: N O N E REVENUE BY: SHRI M.N.M. NAIK, SR. AR DATE OF HEARING : 29.07.2015 DATE OF PRONOUNCEMENT : 29.07.2015 ORDER BOTH THE ASSESSEES HAVE FILED THESE APPEALS CHALLE NGING THE SEPARATE ORDERS PASSED BY LD. CIT(A), VIJAYAWADA AND BOTH OF THEM RELATE TO ASSESSMENT YEAR 2006-07. 2. WHEN THE CASES WERE POSTED FOR HEARING, BOTH THE PARTIES HAVE FILED A LETTER THROUGH E-MAIL REQUESTING THE BENCH TO ALLOW THEM TO WITHDRAW THEIR RESPECTIVE APPEAL. LD. D.R. DID NOT OBJECT TO THE REQUEST MADE BY THE ASSESSEES. CONSEQUENTLY, I ALLOW BOTH THE ASSESSEES TO WITHDRAW THE APPEALS FILED BY THEM. 3. IN THE RESULT, THE APPEALS FILED BY THE ASSESSEES ARE DISMISSED AS WITHDRAWN. P RONOUNCED IN THE OPEN COURT ON 29 TH JULY, 2015 SD/- (B.R. BASKARAN) ACCOUNTANT MEMBER VISAKHAPATNAM, DATED 29 TH JULY, 2015 VG/SPS ITA NOS.377&378/VIZAG/2012 K.C.S. PRASAD & K. BALA KRISHNA RAO, VJA 2 COPY TO 1 SRI K.C.S. PRASAD, DIR: M/S. CHEMICEL BIO-TECH LT D., #16-130/12, JRD, TATA INDUSTRIAL ESTATE, KANURU, VIJAYAWADA-7 2 SRI K. BALA KRISHNA RAO, DR: M/S. CHEMICEL BIO-TE CH LTD., #16-130/12, JRD TATA INDUSTRIAL ESTATE, VIJAYAWADA-7 3 THE DCIT CIRCLE-1(1), VIJAYAWADA 4 THE CIT, VIJAYAWADA 5 THE CIT(A), VIJAYAWADA 6 THE DR, ITAT, VISAKHAPATNAM. 7 GUARD FILE. BY ORDER ASST. REGISTRAR INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM