THE ITO, WARD -2(1), Vijayawada V. M/s Sai Leafin Private Limited, Vijayawada

ITA 442/VIZ/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 1168 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 11 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-05-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2006-2007
• Appeal Filed On: 03-06-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: D KOMALI KRISHNA
• Keywords: Tax effect

Judgement Text

ITA NOS.441&442/VIZAG/2013 M/S. SAI LEAFIN PRIAVATE LIMITED, VIJAYAWADA 1 , , 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.441&442/VIZAG/2013 ( / ASSESSMENT YEAR: 2006-07) ITO, WARD - 2(1), VIJAYAWADA VS. M/S. SAI LEAFIN PRIVATE LIMITED VIJAYAWADA [ PAN: AADCS 1720K ] ( % / APPELLANT) ( &'% / RESPONDENT) / APPELLANT BY : S MT. D. KOMALI KRISHNA, DR / RESPONDENT BY : SHRI C. SUBRAHM ANYAM, AR / DATE OF HEARING : 05.05.2016 / DATE OF PRONOUNCEMENT : 05.05. 2016 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THESE APPEALS ARE FILED BY THE REVENUE AGAINST THE ORDER OF THE CIT(A), VIJAYAWADA DATED 15.03.2013 FOR THE ASSESSM ENT YEAR 2006-07. 2. WHEN THESE APPEALS ARE TAKEN UP FOR HEARING, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVO LVED IN THESE APPEALS ITA NOS.441&442/VIZAG/2013 M/S. SAI LEAFIN PRIAVATE LIMITED, VIJAYAWADA 2 IS BELOW RS.10 LAKHS. AS PER THE LATEST CIRCULAR N O.21/2015 DATED 10.12.2015 OF CBDT BEING RETROSPECTIVE IN NATURE, T HE APPEALS FILED BY THE REVENUE ARE NOT MAINTAINABLE. THE LD. D.R. HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE ABOVE, THESE APPEALS FIL ED BY THE REVENUE ARE NOT MAINTAINABLE. HENCE, THE SAME ARE DISMISSED. 3. IN THE RESULT, THE APPEALS FILED BY THE REVENUE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 5 TH MAY16 SD/- SD/- ( . ) ( . ) (G. MANJUNATHA) (V. DURGA RAO) /ACCOUNTANT MEMBER /JUDICIAL MEMBER ! /VISAKHAPATNAM: % /DATED : 05.05.2016 VG/SPS '! (! /COPY OF THE ORDER FORWARDED TO:- 1. / THE APPELLANT THE ITO, WARD-2(1), VIJAYAWADA 2. / THE RESPONDENT M/S. SAI LEAFIN PRIVATE LIMITED , C.V. KRISHNAIAH STREET, SURYARAOPET, VIJAYAWADA 3. ) / THE CIT, VIJAYAWADA 4. ) ( ) / THE CIT(A), VIJAYAWADA 5. ! , , , , ! / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY // /0 , (SR.PRIVATE SECRETARY) , , ! / ITAT, VISAKHAPATNAM