Anantha Sai Realtors, Hyd, Hyderabad V. ITO, Ward - 9(4), Hyderabad, Hyderabad

ITA 396/HYD/2015

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 2369 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 2 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-06-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 29-06-2017
• Assessment Year: 2007-2008
• Appeal Filed On: 09-04-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: P CHANDRA SEKHAR
• Section: 143(3); 263

Judgement Text

ITA NO 396 OF 2015ANANTHA SAI REALTORS HYDERABAD PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI S.RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA NO.396/HYD/2015 (ASSESSMENT YEAR: 2007-08) M/S. ANANTHA SAI REALTORS HYDERABAD PAN: AANFA 1691 G VS INCOME TAX OFFICER WARD 9(4) HYDERABAD (APPELLANT) (RESPONDENT) FOR ASSESSEE : SHRI MOHD. AFZAL FOR REVENUE : SHRI P. CHANDRA SEKHAR, DR O R D E R PER SMT. P. MADHAVI DEVI, J.M. THIS IS ASSESSEES APPEAL FOR THE A.Y 2007-08 AGAIN ST THE ORDERS OF THE CIT U/S 263 OF THE I.T. AT DATED 12.02.2015. 2. AT THE TIME OF HEARING, THE LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSMENT COMPLETED U/ S 143(3) R.W.S. 147 OF THE ACT WAS CHALLENGED BY THE ASSESSE E BEFORE THE CIT (A) AND THEREAFTER BEFORE THE INCOME TAX APPELL ATE TRIBUNAL AND THE PRESENT APPEAL IS AGAINST THE ORDER OF THE CIT U/S 263 OF THE ACT REVISING THE ASSESSMENT ORDER PASSED U/S 14 3(3) R.W.S. 147 OF THE ACT. IT IS SUBMITTED THAT THE APPEAL AGA INST THE ORDER OF THE CIT (A) HAS ALREADY BEEN DISPOSED OFF BY THE CO ORDINATE BENCH OF THIS TRIBUNAL VIDE ORDERS DATED 22.01.2016. MEAN WHILE THE AO DATE OF HEARING : 29.06.2017 DATE OF PRONOUNCEMENT : 29.06.2017 ITA NO 396 OF 2015ANANTHA SAI REALTORS HYDERABAD PAGE 2 OF 2 ALSO HAS PASSED THE ORDER U/S 143(3) R.W.S. 263 OF THE I.T. ACT ON 30.03.2013 MAKING CERTAIN DISALLOWANCES WHICH HAVE BEEN ACCEPTED BY THE ASSESSEE. THEREFORE, THE LEARNED CO UNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE IS NOT INTERES TED TO PURSUE THE GROUNDS OF APPEAL RAISED IN THE APPEAL NO.396/H YD/2015. THE ASSESSEE HAS ALSO FILED WRITTEN SUBMISSIONS DATED 7 .6.2016 TO THIS EFFECT. TAKING THE SAME INTO CONSIDERATION, THE APP EAL OF THE ASSESSEE AGAINST THE ORDER U/S 263 IS DISMISSED. 3. IN THE RESULT, APPEAL FILED BY THE ASSESSEE IS D ISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 29 TH JUNE, 2017. SD/- SD/- (S.RIFAUR RAHMAN) ACCOUNTANT MEMBER (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DATED 29 TH JUNE, 2017. VINODAN/SPS COPY TO: 1 SHRI MOHD. AFZAL, ADVOCATE, 11-5-465 SHERSONS RE SIDENCY, FLAT NO.402, CRIMINAL COURT ROAD, RED HILLS, HYDERABAD 5 00004 2 INCOME TAX OFFICER WARD 9(4) HYDERABAD 3 PR. CIT -7 HYDERABAD 4 ADDL. CIT RANGE 9 HYDERABAD 5 THE DR, ITAT HYDERABAD 6 GUARD FILE BY ORDER