The Income Tax Officer, Ward - 1(3), Guntur V. Panchajanya Estate, Guntur

ITA 455/VIZ/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 3991 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 7 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-05-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2008-2009
• Appeal Filed On: 07-09-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MRS SUMAN MALIK
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH, VISAKHAPATNAM BEFORE SHRI V. DURGA RAO , HONBLE JUDICIAL MEMBER & SHRI D.S. SUNDER SINGH , HONBLE ACCOUNTANT MEMBER ITA NO. 455 / VIZ /201 8 (ASST. YEAR : 20 08 - 09 ) ITO, WARD - 1(3 ), GUNTUR . V S . M/S. PANCHAJANYA ESTATE, D.NO. 9 - 10 - 8, KOTHAPET, GUNTUR. PAN NO. AAJFP 7786 K (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE . DEPARTMENT BY : MRS. SUMAN MALIK SR. DR DATE OF HEARING : 03 / 12 /201 8 . DATE OF PRONOUNCEMENT : 07 / 12 /201 8 . O R D E R PER V. DURGA RAO, JUDICIAL MEMBER TH IS APPEAL BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS) - 1 , GUNTUR , DATED 27 /0 6 /201 8 FOR THE ASSESSMENT YEAR 20 08 - 09 . 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, WE NOTICED THAT THE TAX EFFECT INVOL VED IN THIS APPEAL IS BELOW RS.2 0 LAKHS AND A S PER THE LATEST CBDT CIRCULAR N O. 03 /201 8 DATED 11.07 .201 8 , THE APPEAL FILED BY THE REVENUE IS NOT MAINTAINABLE. LD. DEPARTMENTAL REPRESENTATIVE HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE 2 ITA NO. 455 /VIZ/2018 ( M/S. PANCHAJANYA ESTATE ) ABOVE, THIS APPEAL FILED BY THE REVENUE IS NOT MAINTAINABLE AND IS ACCORDINGLY DISMISSED. 3 . IN THE RESULT, THE APPEAL FIL ED BY THE REVENUE IS DISMISSED . ORDER PRONOUNCED IN OPEN COURT ON THIS 0 7 T H DAY OF DEC. , 201 8 . S D / - S D / - ( D.S. SUNDER SINGH ) ( V. DURGA RAO ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 0 7 / 12 /2018 VR/ - COPY TO: 1. THE ASSESSEE - M/S. PANCHAJANYA ESTATE, D.NO. 9 - 10 - 8, KOTHAPET, GUNTUR. 2. THE REVENUE ITO, WARD - 1(3), GUNTUR. 3. THE PR. CIT , GUNTUR. 4. THE CIT(A) - 1 , GUNTUR. 5. THE D.R . , VISAKHAPATNAM. 6. GUARD FILE. BY ORDER (VUKKEM RAMBABU) SR. PRIVATE SECRETARY, ITAT, VISAKHAPATNAM.