THE ITO, Visakhapatnam V. Vijaya Engineers & Contractors, Visakhapatnam

ITA 384/VIZ/2015

• Counselvise Citation: [2016] 130 COUNSELVISE.COM (IT) 9605 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 1 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2007-2008
• Appeal Filed On: 05-11-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: T SATYANDHAM
• Keywords: Tax effect

Judgement Text

ITA NO. 384 /VIZ /2015 M/S. VIJAYA ENGINEERS & CONTRACTORS 1 , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM SMC BENCH, VISAKHAPATNAM . , . , BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER . / I . T .A.NO. 384 /V IZ / 201 5 ( / ASSESSMENT YEAR: 200 7 - 0 8 ) ITO, WARD - 3 ( 2 ) VISAKHAPATNAM. VS. M/S. VIJAYA ENGINEERS & CONTRACTORS, D.NO. 50 - 116 - 8/1, MIG - 129 , NORTH EXTENSION, SEETHAMMADHARA, VISAKHAPATNAM. [PAN: AABFV 7705 Q ] ( / APPELLANT) ( / RESPONDENT) / APP ELLANT BY : SHRI T. SATYANDHAM - DR / RESPONDENT BY : SHRI C. SU BRAHMANYAM - AR / DATE OF HEARING : 2 8 .12. 201 6 / DATE OF P RONOUNCEMENT : 28 .1 2 .2016 / O R D E R THIS APPEAL IS FILED BY THE REVENUE AGAINST THE ORDER OF THE CIT(A), VISAKHAPATNAM, DATED 27 /08/2015 FOR THE A SSESSMENT Y EAR 200 7 - 0 8 . 2. WHEN THIS APPEA L IS TAKEN UP FOR HEARING, THE L D. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS ITA NO. 384 /VIZ /2015 M/S. VIJAYA ENGINEERS & CONTRACTORS 2 BELOW RS.10 LAKH S. AS PER THE CIRCULAR N O.21/2015 DATED 10.12.2015 OF CBDT BEING RETROSPECTIVE IN NATURE, THE APPEAL FILED BY THE REVENUE IS NOT MAINTAINABLE. THE LD. D.R. HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE ABOVE, THE APPEAL FILED BY THE REVENUE IS NOT MAINTAINABLE. HENCE, THE SAME IS DISMISSED. 3 . IN THE RESULT, TH E APPEAL FI LED BY THE REVENUE IS DISMISSED. O RDER PRONOUNCED IN THE OPEN COURT ON 28 TH DECEMBER, 2016 . S D/ - ( . ) (V. DURGA RAO) /JUDICIAL MEMBER /VISAKHAPATNAM: /DATED : 28 .1 2 .2016 VR /SPS / COPY OF THE ORDER FORWARDED TO : - 1. / THE APPELLANT THE ITO WARD - 3 ( 2 ), VISAKHAPATNAM. 2. / THE RESPONDENT M/S. VIJAYA ENGINEERS & CONTRACTORS,D.NO. 50 - 116 - 8/1, MIG - 129, NORTH EXTENSION, SEETHAMMADHARA, VISAKHAPATNAM. 3. / THE CIT - 1 , V ISAKHAPATNAM . 4 . ( ) / THE CIT(A) - 1 , VISAKHAPATNAM. 5 . , , / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY // (SR.PRIVATE SECRETARY) , / ITAT, VISAKHAPATNAM