THE ITO, Vizianagaram V. M/s Bharathi Industries, Bobbili

ITA 614/VIZ/2014

• Counselvise Citation: [2015] 134 COUNSELVISE.COM (IT) 0047 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 1 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 28-11-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: I SIRISH KUMAR
• Assessee Lawyers: N O N E
• Keywords: Tax effect

Judgement Text

1 I TA NOS.613 & 614/VIZ/2014 M/S. BHARATHI INDUSTRIES, VIZIANAGARAM 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.NOS. 613 & 614/VIZ/2014 ( / ASSESSMENT YEARS : 2008-09 & 2009-10) ITO , WARD - 1 , VIZIANAGARAM. VS. M/S. BHARATHI INDUSTRIES, PLOT NO. 156A, GROWTH CENTRE, BOBBILI, VIZIANAGARAM DIST. [ PAN : AAIFB 4741 K] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / ASSESSEE BY : N O N E '(& ) / REVENUE BY : SHRI I. SIRISH KUMAR, DR ) - / DATE OF HEARING : 2 8 /12/2015 ) - / DATE OF PRONOUNCEMENT : 28/12/2015 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: THESE APPEALS ARE FILED BY THE REVENUE AGAINST THE SEPARATE ORDERS OF THE CIT(A), VISAKHAPATNAM DATED 19/09/201 4 FOR THE A.YS. 2008-09 TO 2009-10. 2 ITA NOS.613 & 614/VIZ/2014 M/S. BHARATHI INDUSTRIES, VIZIANAGARAM 2. WHEN THESE APPEALS ARE TAKEN UP FOR HEARING, THE D.R. HAS SUBMITTED THAT THE TAX EFFECT INVOLVED IN THESE APP EALS IS BELOW RS. 10 LAC. AS PER THE LATEST CIRCULAR NO.21/2015 OF CBDT DATED 10/12/2015, BEING RETROSPECTIVE IN NATURE, THE ABOVE APPEALS AR E NOT PRESSED. IN VIEW OF THE ABOVE, THESE APPEALS FILED BY THE REVEN UE ARE NOT MAINTAINABLE AND DISMISSED AS NOT PRESSED. 3. IN THE RESULT, THE APPEALS FILED BY THE REVENUE ARE 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 ASSESSEE M/S. BHARATHI INDUSTRIES, PLOT NO. 156A, GROWTH CENTRE, BOBBILI, VIZIANAGARAM DIST. 2. '(& / THE REVENUE ITO, WARD-1, VIZIANAGARAM. 3. 5 / THE CIT, VISAKHAPATNAM. 4. 5 () / THE CIT (A), VISAKHAPATNAM. 5. ' , , / // / DR, ITAT, VISAKHAPATNAM 6 . . . . / GUARD FILE / BY ORDER // TRUE COPY // 9: ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM