DCIT,Circle-14(1), Hyderabad, Hyderabad V. Nimmala Anjaiah, Hyderabad, Hyderabad

ITA 668/HYD/2015

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4592 (ITAT-HYDERABAD)
• Duration Of Justice: 5 year(s) 4 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-10-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 09-12-2020
• Assessment Year: 2007-2008
• Appeal Filed On: 19-05-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: Y V S T SAI
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B , HYDERABAD BEFORE SHRI P. MADHAVI DEV I , JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY , ACCOUNTANT MEMBER (THROUH VIRTUAL CONFERENCE) ITA NO. 668 / HYD/201 5 ASSESSMENT YEAR: 20 07 - 08 DY . COMMISSIONER OF I NCOME - TAX ,CIRCLE 14 (1) , HYDERABAD. VS. NIMMALA ANJAIAH PAN A KBPA8824 H (APPLICANT) (RESPONDENT ) REVENUE BY : SHRI Y.V.S.T. SAI ASSESSEE BY : S MT. SANDHYA DATE OF HEARING : 05 - 1 0 - 20 20 DATE OF PRONOUNCEMENT : 05 - 1 0 - 20 20 ORDER PER P. MADHAVI DEVI , J.M.: TH IS APPEAL IS FILED BY THE REVENUE DIRECTED AGAINST THE ORDER OF CIT(A) 1 , HYDERABAD, DATED 2 3 /0 2 /201 5 . 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 2019 DATED 9 TH AUGUST, 2019, THE TAX LIMIT FOR FILING OF APPEAL BY THE REVENUE BEFORE THE TRIBUNAL HAS BEEN FIXED AT RS.50.00 LAKHS. SINCE THE TAX EFFECT IN THIS APPEAL IS LESS THA N RS.50.00 LAKHS, WE ARE DISMISSING THE SAME ON ACCOUNT OF LOW TAX EFFECT WITH THE LIBERTY TO THE REVENUE TO SEEK RECALL OF THE ORDER, IF ANY OF THESE CASES FALLS WITHIN THE EXCEPTIONS MENTIONED IN THE CIRCULARS CITED ABOVE. 2 ITA.NO . 668 /HYD/201 5 SRI NIMMALA ANJAIAH, HYD. 3 . IN THE RESULT, THIS APPEAL FILED BY THE REVENUE IS DISMISSED. 3 ITA.NO . 668 /HYD/201 5 SRI NIMMALA ANJAIAH, HYD. 4 . IN THE RESULT, APPEAL OF THE REVENUE IS LIABLE TO BE DISMISSED. PRONOUNCED IN THE OPEN COURT O N 5 TH OCTOBER , 20 20 . SD/ - SD/ - ( A. MOHAN ALANKAMONY ) ( P. MADHAVI DEVI ) ACCOUNTANT MEMBER JUDICIAL MEMEBR HYDERABAD, DATED: 5 TH OCTOBER, 2020 KV 1) DY. CIT, CIRCLE 14 (1), 6 TH FLOOR, C BLOCK, ROOM NO. 635, IT TOWERS, AC GUARDS, HYDERABAD. 2) SHRI NIMMALA ANJAIAH, 51B, MLA COLONY, ROAD NO. 12, BANJARA HILLS, HYDERABAD. 3) CIT(A) - 1 , GUNTUR 4) PR. CIT - VI, HYDERABAD. 5 ) THE DEPARTMENTAL REPRESENTATIVE, I.T.A.T., HYDERABAD. 6 ) GUARD FILE.