DCIT, Tirupathi V. M/s Pratap Talkies, Tirupathi

ITA 46/HYD/2010

• Counselvise Citation: [2011] 134 COUNSELVISE.COM (IT) 9751 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 2 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-03-2011
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 30-12-2010
• Assessment Year: 2006-2007
• Appeal Filed On: 13-01-2010
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: K E SUNIL BABU
• Assessee Lawyers: P MURALI MOHAN RAO
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B , HYDERABAD BEFORE SHRI G.C. GUPTA, VICE PRESIDENT AND SHRI CHANDRA POOJARI ACCOUNTANT MEMBER ITA.46/HYD/2010 ASSESSMENT YEAR 2006-07 THE DCIT, CIRCLE 1(1), TIRUPATHI VS M/S PRATAP TALKIES, TIRUPATHI (PAN AAGFP6765K) (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI K.E. SUNIL BABU RESPONDENT BY SHRI P. MURALI MOHAN RAO O R D E R PER CHANDRA POOJARI, ACCOUNTANT MEMBER: THIS APPEAL PREFERRED BY THE REVENUE IS DIRECTED AGAINST THE ORDER PASSED BY THE CIT(A) TIRUPATHI DATED 29.1.2 009 AND PERTAINS TO THE ASSESSMENT YEAR 2006-07. 2. AT THE TIME OF HEARING ON 16.03.2011, IT HAS BEEN AGREED BY BOTH THE PARTIES THAT THE TAX EFFECT IN THIS APPEAL FILED BY THE REVENUE IS LESS THAN RS.2 LAKHS AND HENCE, IN TERMS OF THE INS TRUCTION NO.5 DATED 16.7.2007 (F.NO.279/MISC.56/07-ITJ) ISSUED BY THE C BDT, DEPARTMENT SHOULD NOT HAVE FILED THIS APPEAL. ACCORDINGLY, TH E APPEAL FILED BY THE REVENUE IS DISMISSED IN LIMINE AS UN-ADMITTED. 3. IN THE RESULT, THE APPEAL FILED BY THE R EVENUE IS DISMISSED IN LIMINE AS UN-ADMITTED. ITA NO.46/H/2010 M/S PRATAP TALKIES, TIRUPATHI 2 2 ORDER PRONOUNCED IN THE OPEN COURT ON 16.3.2011 SD/- G.C. GUPTA SD/- CHANDRA POOJARI VICE PRESIDENT ACCOUNTANT MEMBER DATED THE 16 TH MARCH, 2011 COPY FORWARDED TO: 1. THE DCIT, CIRCLE 1(1), AYAKAR BHAVAN, KT ROAD, T IRUPATHI 2. M/S PRATAP TALKIES, T.P. AREA, TIRUPATHI 3. 4. THE CIT(A), TIRUPATHI THE CIT, TIRUPATHI NP