THE ACIT, CIRCLE - 1(1), Vijayawada V. T.Shyam Sundar, Vijayawada

ITA 449/VIZ/2014

• Counselvise Citation: [2015] 134 COUNSELVISE.COM (IT) 0062 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 5 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2007-2008
• Appeal Filed On: 03-07-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: I SIRISH KUMAR
• Assessee Lawyers: N O N E
• Keywords: Tax effect

Judgement Text

ITA NO.449/VIZAG/2014 SRI T. SHYAM SUNDAR, 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.449/VIZAG/2014 ( / ASSESSMENT YEAR : 2007-08) ACIT CIRCLE - 1(1) VIJAYAWADA VS. SRI T. SHYAM SUNDAR, VIJAYAWADA [ P AN: ABLPT 5450D ] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / APPELLANT BY : SHRI I. SIRISH KUMAR , DR '(& ) / RESPONDENT BY : N O N E ) - / 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), VIJAYAWADA DATED 28.4.2014 FOR THE ASSESSMENT YEAR 2007-08. 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, THE LD. D.R. HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPE AL IS BELOW RS.10 LAKHS. AS PER THE LATEST CIRCULAR NO.21/2015 DATED 10.12.2015 OF CBDT BEING RETROSPECTIVE IN NATURE, THE ABOVE APPEAL IS NOT PRESSED. IN VIEW ITA NO.449/VIZAG/2014 SRI T. SHYAM SUNDAR, VIJAYAWADA 2 OF THE ABOVE, THIS APPEAL IS NOT MAINTAINABLE AND D ISMISSED AS NOT PRESSED. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE I S DISMISSED. THE ABOVE ORDER WAS PRONOUNCED IN THE OPEN COURT ON 28 TH DEC15. 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 APPELLANT ACIT CIRCLE-1(1), VIJAYAWADA 2. '(& / THE RESPONDENT SRI T. SHYAM SUNDAR, PROP: MADHURI STEEL ENTERPRISE S, #31, IRON COMPLEX, BHAVANIPURAM, VIJAYAWADA-520 012. 3. 5 / THE CIT, VIJAYAWADA 4. 5 () / THE CIT(A), VIJAYAWADA 5. ' , , / // / DR, ITAT, VISAKHAPATNAM 6 . . . . / GUARD FILE / BY ORDER // TRUE COPY // 9: ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM