THE ACIT, Vijayawada V. M/s Devineni Baji Prasad, Vijayawada

ITA 590/VIZ/2014

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 8946 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 2 year(s) 5 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-04-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 14-07-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 03-11-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S RAVI SHANKAR NARAYAN
• 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.NO.590/VIZ/2014 ( / ASSESSMENT YEAR: 2010-11) DC IT , CIRCLE - 2(1) VIJAYAWADA VS. SMT. DEVINENI APARNA, SRI DEVINENI CHANDRA SEKHAR, SRI DEVINENI VINAY & SMT. TARIGOPPALA SRAVYA L/RS. OF LATE SRI DEVINENI BAJI PRASAD, D.NO. 48-16-2, MAHANADU ROAD, VIJAYAWADA. [PAN: ABIPD 4702 F ] ( / APPELLANT) ( / RESPONDENT) / APPELLANT BY : SHRI S. RAVI SHANKAR NARAYAN - DR / RESPONDENT BY : SHRI C. SUBRAHMANYAM - FCA / DATE OF HEARING : 2 7 .0 4 . 201 7 / DATE OF PRONOUNCEMENT : 27 .0 4 .201 7 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER : THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE CIT(A), VIJAYAWADA, DATED 18.08.2014 FOR THE ASSESSMENT YEAR 2010-11. ITA NO.590/VIZ/2014 (SMT. DEVINENI APARNA & OTHERS) 2 2. AT THE VERY OUTSET, LD. AUTHORIZED REPRESENTATIVE OF THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS BELOW RS.10 LAKHS. AS PER THE CBDT CIRCULAR NO.21/2015, DATED 10.12.2015 BEING RETROSPECTIVE IN NATURE, THE 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 IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 27 TH APRIL, 2017. SD/- SD/- ( . ) ( . ) (G. MANJUNATHA) (V. DURGA RAO) /ACCOUNTANT MEMBER /JUDICIAL MEMBER /VISAKHAPATNAM: /DATED : 27.04.2017 VR/SPS /COPY OF THE ORDER FORWARDED TO:- 1. / THE ASSESSEE SMT. DEVINENI APARNA & OTHERS L/R OF LATE SRI DEVINENI BAJI PRASAD, D.NO. 48-16-2, MAHANADU ROAD, VIJAYAWADA. 2. / THE DEPARTMENT DCIT, CIRCLE-2(1), VIJAYAWADA. 3. / THE CIT, VIJAYAWADA 4. ( ) / THE CIT(A), VIJAYAWADA 5. , , / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER