ITO, WARD-1(2), Vijayawada V. Chinthalapudi Damodar rao (HUF), Vijayawada

ITA 495/VIZ/2013

• Counselvise Citation: [2015] 134 COUNSELVISE.COM (IT) 0033 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 6 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2001-2002
• Appeal Filed On: 27-06-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: I SIRISH KUMAR
• Assessee Lawyers: B RAMA DEVI
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . . . . , . . . . , $ $ $ $ BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER ./ I.T.A.NOS. 494/VIZ/2013 ( / ASSESSMENT YEAR : 2001-02) ITO , WARD - 1 (2) , VIJAYAWADA. VS. SRI CHINTALAPUDI DAMODAR RAO (HUF) , PROP. M/S. DIVYA SILKS, SHOP NO. 124A, VASTRALATHA, VIJAYAWADA. [ PAN : AAAHC 6788 B] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) ./ I.T.A.NOS. 495/VIZ/2013 ( / ASSESSMENT YEAR : 2001-02) ITO, WARD - 1(2), VIJAYAWADA. VS. SRI CHINTALAPUDI DAMODAR RAO, PROP. M/S. DIVYA SILKS, SHOP NO. 124A, VASTRALATHA, VIJAYAWADA. [ PAN : ABXPC 5770 F] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / ASSESSEE BY : SMT. B. RAMA DEVI CA '(& ) / REVENUE BY : SHRI I. SIRISH KUMAR - DR ) - / DATE OF HEARING : 28/12/ 2015 ) - / DATE OF PRONOUNCEMENT : 2 8 /12/2015 2 ITA NOS.494 & 495/VIZ/2013 / O R D E R PER G. MANJUNATHA, ACCOUNTANT MEMBER: THESE APPEALS ARE FILED BY THE REVENUE AGAINST THE SEPARATE ORDERS OF THE CIT(A), VIJAYAWADA EACH DATED 29/04/2 013 FOR THE A.Y. 2001-02. 2 . WHEN THESE APPEALS ARE TAKEN UP FOR HEARING, THE L D. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVO LVED IN THESE APPEAL IS BELOW RS. 10 LAC. AS PER THE LATEST CIRCULAR NO .21/2015 OF CBDT DATED 10/12/2015, BEING RETROSPECTIVE IN NATURE, TH E 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 A RE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 28 TH DECEMBER, 2015. SD/- SD/- ( . ) ( . . . . ) ( (( ( V. DURGA RAO ) )) ) ( G. MANJUNATHA) / // / JUDICIAL MEMBER / // / ACCOUNTANT MEMBER /VISAKHAPATNAM: 3 / DATED : 28/12/2015 VR/SPS 3 ITA NOS.494 & 495/VIZ/2013 ) ' 4 / COPY OF THE ORDER FORWARDED TO :- 1. & / THE ASSESSEE SRI CHINTALAPUDI DAMODAR RAO(HUF), PROP. M/S. DIVYA SILKS, SHOP NO. 124A, VASTRALATHA, VIJAYAWADA. 2. '(& / THE REVENUE ITO, WARD-1(2), VIJAYAWADA. 3. 5 / THE CIT, VIJAYAWADA. 4. 5 () / THE CIT (A), VISAKHAPATNAM. 5. ' , , / // / DR, ITAT, VISAKHAPATNAM 6 . . . . / GUARD FILE / BY ORDER // TRUE COPY // 9: ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM