THE ACIT, CIRCLE - 1(1), Guntur V. Sri Grandhi Subba Rao, Guntur

ITA 543/VIZ/2013

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 2090 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 7 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-02-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 15-07-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: D KOMALI KRISHNA
• Keywords: Tax effect

Judgement Text

ITA NO.543/VIZAG/2013 SRI GRANDHI SUBBA RAO, GUNTUR 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.543/VIZAG/2013 ( / ASSESSMENT YEAR : 2009-10) ACIT CIRCLE-1(1) GUNTUR VS. SRI GRANDHI SUBBA RAO GUNTUR [ [ PAN: ACKPG6041R ] ( ) / APPELLANT) ( *+) / RESPONDENT ) / APPELLANT BY : SMT. D. KOMALI KRISHNA, DR #$ / RESPONDENT BY : SHRI G.V.N. HARI, AR ( / DATE OF HEARING : 05.02.2016 ( / DATE OF PRONOUNCEMENT : 16.02.2016 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THIS APPEAL IS FILED BY THE REVENUE AGAINST THE ORD ER OF THE CIT(A), GUNTUR DATED 18.1.2013 FOR THE ASSESSMENT YEAR 2009 -10. 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS ITA NO.543/VIZAG/2013 SRI GRANDHI SUBBA RAO, GUNTUR 2 BELOW RS.10 LAKHS. AS PER THE LATEST CIRCULAR NO.2 1/2015 DATED 10.12.2015 OF CBDT BEING RETROSPECTIVE IN NATURE, T HE APPEAL FILED BY THE REVENUE IS NOT MAINTAINABLE. THE LD. D.R. HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE ABOVE, THE APPEAL FILED BY THE REVENUE IS NOT MAINTAINABLE. HENCE, THE SAME IS DISMISSED. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE I S DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 16 TH FEB16. SD/- SD/- ( . ) (. ) ( G. MANJUNATHA) ( V. DURGA RAO ) / ACCOUNTANT MEMBER / JUDICIAL MEMBER , /VISAKHAPATNAM: 0 / DATED : 16.2.2016 VG/SPS # 2, 3,/ COPY OF THE ORDER FORWARDED TO :- 1. / THE APPELLANT THE ACIT CIRCLE-1(1), GUNTUR 2. #$ / THE RESPONDENT SRI GRANDHI SUBBA RAO, PROP: M/S. CRANE BETEL NUT POWDER WORKS, SAMPATHNAGAR, GUNTUR 3. 5 / THE CIT, GUNTUR 4. 5 () / THE CIT(A), GUNTUR 5. , # :, ( : , , / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY // >? : ( SR.PRIVATE SECRETARY ) ( : , , / ITAT, VISAKHAPATNAM