THE ACIT., CIRCLE-1, RAJAHMUNDRY., Rajahmundry V. M/s Tadepalligudem Cold Storage (P) Ltd., Tadepallegudem

ITA 484/VIZ/2012

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 2072 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 3 year(s) 2 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-02-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 16-12-2015
• Assessment Year: 1998-1999
• Appeal Filed On: 17-12-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: I SARISH KUMAR
• Assessee Lawyers: S RAMA RAO
• Keywords: Tax effect

Judgement Text

ITA NO.484&485/VIZAG/2012 TADEPALLIGUDEM COLD STORAGE (P) LTD., TADEPALLIGUDEM 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.484&485/VIZAG/2012 ( / ASSESSMENT YEAR: 1998-99) ACIT CIRCLE - 1 RAJAHMUNDRY VS. TADEPALLIGUDEM COLD STORAGE (P) LTD., TADEPALLIGUDEM [ GIR NO.T - 1 ] ( % / APPELLANT) ( &'% / RESPONDENT) / APPELLANT BY : SHRI I. SARISH KUMAR, DR / RESPONDENT BY : SHRI S. RA MA RAO, AR / DATE OF HEARING : 2 9. 0 2.201 6 / DATE OF PRONOUNCEMENT : 29.02.2016 / 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), GUNTUR DATED 3.10.2012 FOR THE ASSESSMENT Y EAR 1998-99. ITA NO.484&485/VIZAG/2012 TADEPALLIGUDEM COLD STORAGE (P) LTD., TADEPALLIGUDEM 2 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 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, THE APPEALS FILED 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 29 TH FEB16. SD/- SD/- ( . ) ( . ) (G. MANJUNATHA) (V. DURGA RAO) /ACCOUNTANT MEMBER /JUDICIAL MEMBER ! /VISAKHAPATNAM: % /DATED : 29.02.2016 VG/SPS '! (! /COPY OF THE ORDER FORWARDED TO:- 1. / THE APPELLANT THE ACIT CIRCLE-1, RAJAHMUNDRY 2. / THE RESPONDENT M/S. TADEPALLIGUDEM COLD STORAG E (P) LTD., MUTYALAMBAPURAM, UPPAKAPADU, TADEPALLIGUDEM-534102. 3. ) / THE CIT, GUNTUR 4. ) ( ) / THE CIT(A), GUNTUR 5. ! , , , , ! / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY //