THE ITO, WARD - 1(2), Vijayawada V. M/s Victory Publishers, Vijayawada

ITA 421/VIZ/2013

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 6595 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 3 year(s) 7 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-01-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2008-2009
• Appeal Filed On: 31-05-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

ITA NO. 421 /V IZ /2013 M/S. VICTORY PUBLISHERS 1 , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . , . , BEFORE SHRI V. DURGA RAO, HON. JUDICIAL MEMBER & SHRI G. MANJUNATHA, HON. ACCOUNTANT MEMBER . / I . T .A.NO. 421 /V IZ / 2013 ( / ASSESSMENT YEAR: 200 8 - 0 9 ) ITO WARD - 1 ( 2 ) VIJAYAWADA VS. M/S. VICTORY PUBLISHERS, 11 - 16 - 32, SINGARAJUVARI STREET, KOTHAPETA, VIJAYAWADA [PAN: AABFB 7863 R ] ( / APPELLANT) ( / RESPONDENT) / APP ELLANT BY : SHRI M.N. MURTHY NAIK - DR / RESPONDENT BY : SHRI C. SU BRAHMANYAM - CA / DATE OF HEARING : 04 .01 . 201 7 / DATE OF P RONOUNCEMENT : 04 .01.201 7 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER : THIS APPEAL IS FILED BY THE REVEN UE AGAINST THE ORDER OF THE CIT(A), VIJAYAWADA , DATED 05/03/2013 FOR THE A SSESSMENT Y EAR 200 8 - 0 9 . 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, THE AUTHORIZED REPRESENTATIVE OF THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT ITA NO. 421 /V IZ /2013 M/S. VICTORY PUBLISHERS 2 INVOLVED IN THIS APPEAL IS BELOW RS.10 LAKH S. AS PER THE LATEST 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 REV ENUE IS NOT MAINTAINABLE. HENCE, THE SAME IS DISMISSED. 3 . IN THE RESULT, THE APPEAL FI LED BY THE REVENUE IS DISMISSED. O RDER PRONOUNCED IN THE OPEN COURT ON 04 TH JAN UARY, 20 1 7 . SD/ - SD/ - ( . ) ( . ) (G. MANJUNATHA) (V. DURGA RAO) /ACCOUNTANT MEMBER /JUDICIAL MEMBER /VISAKHAPATNAM: /DATED : 0 4 .01.201 7 V R /SPS / COPY OF THE ORDER FORWARDED TO : - 1. / THE APPELLANT THE ITO WARD - 1 ( 2 ), VIJAYAWADA 2. / THE RESPONDENT M/S. VICTORY PUBLISHERS, 11 - 16 - 32, SINGARAJUVARI STREET, KOTHAPETA, VIJAYAWADA . 3. / THE CIT, VIJAYAWADA 4 . ( ) / THE CIT(A) , VIJAYAWADA 5 . , , / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY // (SR.PRIVATE SECRETARY) , / ITAT, VISAKHAPATNAM