THE ACIT, Guntur V. G.N.Kamaraj, Guntur

ITA 418/VIZ/2015

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 1037 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 6 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-07-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 31-12-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S RAVISANKAR NARAYANDR
• Keywords: Tax effect

Judgement Text

ITA NO.418/VIZAG/2015 SRI G.N. KAMARAJ, GUNTUR 1 , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM SMC BENCH, VISAKHAPATNAM . , BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER ./I.T.A.NO.418/VIZAG/2015 ( / ASSESSMENT YEAR: 2009-10) ACIT, CIRCLE - 1(1), GUNTUR VS. SRI G.N. KAMARAJ, GUNTUR [PAN: AGCPG1266E ] ( / APPELLANT) ( ! / RESPONDENT) / APPELLANT BY : SHRI S. RAVISANKAR NARAYAN,DR / RESPONDENT BY : SHRI G.V.N. HARI , AR / DATE OF HEARING : 01.07.2016 / DATE OF PRONOUNCEMENT : 15.07.2016 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THIS APPEAL IS FILED BY THE REVENUE AGAINST THE OR DER OF THE CIT(A)- 1, GUNTUR DATED 31.07.2015 FOR THE ASSESSMENT YEAR 2009-10. 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS BELOW RS.10 LAKHS. AS PER THE LATEST CIRCULAR NO.2 1/2015 DATED 10.12.2015 OF CBDT BEING RETROSPECTIVE IN NATURE, T HE APPEAL FILED BY ITA NO.418/VIZAG/2015 SRI G.N. KAMARAJ, GUNTUR 2 THE REVENUE IS NOT MAINTAINABLE. THE LD. D.R. HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE ABOVE, THIS APPEAL FILED BY THE REVENUE IS NOT MAINTAINABLE. HENCE, THE SAME IS DISMISSED. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE I S DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 15 TH JUL16 SD/- ( . ) (V. DURGA RAO) /JUDICIAL MEMBER ! /VISAKHAPATNAM: % /DATED : 15.07.2016 VG/SPS '! (! /COPY OF THE ORDER FORWARDED TO:- 1. / THE APPELLANT THE ACIT, CIRCLE-1(1), GUNTUR 2. / THE RESPONDENT SRI G.N. KAMARAJ, PROP: VIJAYA JAYASAKTHI TRADERS, D.NO.23-11-82, ELURU BAZAAR, GUNTUR-522 00 3. 3. ) / THE CIT, GUNTUR 4. ) ( ) / THE CIT(A)-1, GUNTUR 5. ! , , , , ! / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY // /0 , (SR.PRIVATE SECRETARY) , , ! / ITAT, VISAKHAPATNAM