THE DCIT, Visakhapatnam V. M/s Simhapuri Transport, Visakhapatnam

ITA 591/VIZ/2014

• Counselvise Citation: [2015] 134 COUNSELVISE.COM (IT) 0052 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 1 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2006-2007
• Appeal Filed On: 03-11-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: I SIRISH KUMAR
• Assessee Lawyers: N O N E
• Keywords: Tax effect

Judgement Text

ITA NO.591 /VIZ/2014 M/S. SIMHAPURI TRANSPORT, VISAKHAPATNAM 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.591/VIZAG/2014 ( / ASSESSMENT YEAR : 2006-07) D CIT, CIRCLE - 5 (1), VISAKHAPATNAM. VS. M/S. SIMHAPURI TRANSPORT, D.NO. 65-1-94/4, COROMONDAL GATE, MALKAPURAM, VISAKHAPATNAM. [ PAN : AAIFS 2644 A] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / APPELLANT BY : SHRI I. SIRISH KUMAR, DR '(& ) / RESPONDENT BY : N O N E ) - / DATE OF HEARING : 2 8 /12/2015 ) - / DATE OF PRONOUNCEMENT : 28/12/2015 / 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), VISAKHAPATNAM DATED 05/09/2014 FOR THE A.Y. 2006-07. 2 ITA NO.591 /VIZ/2014 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, THE D.R . HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS BELO W RS. 10 LAC. AS PER THE LATEST CIRCULAR NO.21/2015 OF CBDT DATED 10/12/ 2015, BEING RETROSPECTIVE IN NATURE, THE ABOVE APPEAL IS NOT PR ESSED. IN VIEW OF THE ABOVE, THIS APPEAL FILED BY THE REVENUE IS NOT MAIN TAINABLE AND DISMISSED AS NOT PRESSED. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE I S DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 28 TH DECEMBER, 2015. SD/- SD/- ( . . . . ) ( . ) ( G. MANJUNATHA) ( (( ( V. DURGA RAO ) )) ) / // / ACCOUNTANT MEMBER / // / JUDICIAL MEMBER /VISAKHAPATNAM: 3 / DATED : 28/12/2015 VG/SPS ) ' 4 / COPY OF THE ORDER FORWARDED TO :- 1. & / THE APPELLANT DICT, CIRCLE-5(1), VISAKHAPATNAM. 2. '(& / THE RESPONDENT M/S. SIMHAPURI TRANSPORT, D.NO. 65-1-94/4, COROMONDAL GATE, MALKAPURAM, VISAKHAPATNAM . 3. 5 / THE CIT-1, VISAKHAPATNAM. 4. 5 () / THE CIT (A), VISAKHAPATNAM. 5. ' , , / // / DR, ITAT, VISAKHAPATNAM 6 . . . . / GUARD FILE / BY ORDER // TRUE COPY // 9: ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM