THE ITO, WARD -2, Rajahmundry V. Sri Kamal Jain, Rajahmundry

ITA 427/VIZ/2013

• Counselvise Citation: [2015] 134 COUNSELVISE.COM (IT) 0022 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 6 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 03-06-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: I SIRISH KUMAR
• Keywords: Tax effect

Judgement Text

ITA NO . 427/VIZ/2013 SRI KAMAL JAIN, RAJAHMUNDRY , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . . . . , . . . . , $ $ $ $ BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER ./ I.T.A.NO. 427/VIZ/2013 ( / ASSESSMENT YEAR : 2009-10) IT O , WARD - 2 , RAJAHMUNDRY. VS. SRI KAMAL JAIN, PROP. VIDYA PAPERS, D.NO. 9-25-13, GUNDUVARI STREET, RAJAHMUNDRY. [P AN : ACFPJ 2957 G] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / ASSESSEE BY : SHRI G.V.N. HARI - AR '(& ) / REVENUE BY : SHRI I. SIRISH KUMAR DR ) - / DATE OF HEARING : 2 8 /12/2015 ) - / DATE OF PRONOUNCEMENT : 28/12/2015 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THIS APPEAL IS FILED BY THE REVENUE AGAINST THE ORD ER OF THE CIT(A), VISAKHAPATNAM, DATED 28/03/2013 FOR THE A.Y . 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 LAC. AS PER THE LATEST CIRCULAR NO.21 /2015 OF CBDT DATED ITA NO. 427/VIZ/2013 SRI KAMAL JAIN, RAJAHMUNDRY 2 10/12/2015, BEING RETROSPECTIVE IN NATURE, THE APPE AL FILED BY THE REVENUE IS NOT MAINTAINABLE. THE LD. D.R. HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE ABOVE, THIS APPEAL FILED BY THE REVE NUE 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 28 TH DECEMBER, 2015. SD/- SD/- ( . . . . ) ( . ) ( G. MANJUNATHA) ( (( ( V. DURGA RAO ) )) ) / // / ACCOUNTANT MEMBER / // / JUDICIAL MEMBER /VISAKHAPATNAM: 3 / DATED : 28/12/2015 VG/SPS ) ' 4 / COPY OF THE ORDER FORWARDED TO :- 1. & / THE ASSESSEE SRI KAMAL JAIN, PROP. VIDYA PAPERS, D.NO. 9-25-13, GUNDUVARI STREET, RAJAHMUNDRY. 2. '(& / THE REVENUE ITO, WARD-2, RAJAHMUNDRY. 3. 5 / THE CIT, RAJAHMUNDRY. 4. 5 ( ) / THE CIT (A), VISAKHAPATNAM. 5. ' , , / DR, ITAT, VISAKHAPATNAM 6. / GUARD FILE / BY ORDER // TRUE COPY // 9: ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM