The Income Tax Officer, Ward-3(1), , Visakhapatnam V. Pydi Venkata Ramana, Visakhapatnam

ITA 52/VIZ/2021

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 0466 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 2 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-06-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 29-03-2021
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect
• Section: 143(3)

Judgement Text

1 आयकर अपीऱीयअधिकरण, विशाखापटणम पीठ, विशाखापटणम IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM श्री द ु व्ि ू रु आर एऱ रेड्डी, न्याययक सदस्य एिं श्री एस बाऱाक ृ ष्णन, ऱेखा सदस्य के समक्ष BEFORE SHRI DUVVURU RL REDDY, HON’BLE JUDICIAL MEMBER & SHRI S BALAKRISHNAN, HON’BLE ACCOUNTANT MEMBER आयकर अऩीऱ सं./ I.T.A. No.52/Viz/2021 (ननधधारण वषा / Assessment Year: 2012-13) Income Tax Officer, Ward-3(1), Visakhapatnam. Vs. Shri Pydi Venkata Ramana, Visakhapatnam. PAN: ADFPR 9971 D (अऩीऱधथी/ Appellant) (प्रत्यथी/ Respondent) अऩीऱधथी की ओर से/ Assessee by : Sri Kama Sastry प्रत्यधथी की ओर से / Revenue by : Sri SPG Mudaliar, Sr. AR स ु नवधई की तधरीख / Date of Hearing : 18/05/2022 घोषणध की तधरीख/Date of Pronouncement : 10/06/2022 O R D E R PER DUVVURU RL REDDY, Judicial Member : This appeal filed by the Revenue against the order of the Ld. CIT(A)-1, Visakhapatnam in appeal No.10206/2018-19/CIT(A)- 1/VSP/2020-21, dated 14/09/2020 passed U/s. 143(3) r.w.s 254 of the Act for the AY 2012-13. 2. At the time of hearing it has been brought to our notice that as per the CBDT Circulars No.03/2018 dated 11.07.2018 and Circular No.17 of 2 2019 dated 9 th August, 2019, the tax limit for filing appeal by the Revenue before the Tribunal has been fixed at Rs.50.00 lakhs and above. Therefore, considering the fact that the tax effect involved in the present appeal before us is less than Rs.50.00 lakh, we hereby dismiss the same with liberty to the Revenue to seek recall of the order, if the appeal falls within the exceptions mentioned in the Circulars of the CBDT. 3. In the result, the appeal filed by the Revenue is dismissed. Pronounced in the open Court on the 10 th June, 2022. Sd/- Sd/- (एस बाऱाक ृ ष्णन) (द ु व्ि ू रु आर.एऱ रेड्डी) (S.BALAKRISHNAN) (DUVVURU RL REDDY) ऱेखा सदस्य/ACCOUNTANT MEMBER न्याययकसदस्य/JUDICIAL MEMBER Dated : 10.06.2022 OKK - SPS आदेश की प्रतिलिपि अग्रेपिि/Copy of the order forwarded to:- 1. ननधधाररती/ The Assessee – Shri Pydi Venkata Ramana, 39-16-36/1, Muralinagar, Madhavadhara, Visakhapatnam, Andhra Pradesh- 530007. 2. रधजस्व/The Revenue – Income Tax Officer, Ward-3(1), Infinity Towers, Sankaramatham Road, Santhipuram, Visakhapatnam – 530016. 3. The Principal Commissioner of Income Tax-1, Visakhapatnam. 4. आयकर आय ु क्त (अऩीऱ)/ The Commissioner of Income Tax (Appeals)-1, Visakhapatnam. 3 5. ववभधगीय प्रनतननधध, आयकर अऩीऱीय अधधकरण, ववशधखधऩटणम/ DR, ITAT, Visakhapatnam 6 .गधर्ा फ़धईऱ / Guard file आदेशधन ु सधर / BY ORDER Sr. Private Secretary ITAT, Visakhapatnam