THE DCIT, Visakhapatnam V. Nukala Ramakrishna, Visakhapatnam

ITA 80/VIZ/2015

• Counselvise Citation: [2015] 134 COUNSELVISE.COM (IT) 0092 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 9 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2002-2003
• Appeal Filed On: 24-02-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• 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.NOS. 80 TO 82 & 85/VIZ/2015 ( / ASSESSMENT YEARS : 2002-03 TO 2004-05 & 2007-08) DCIT, CIRCLE - 3(1), VISAKHAPATNAM. VS. SRI NUKALA RAMA KRISHNA, NAGAHANUMAN FISH PACKERS, SRI BALAJI RESIDENCY, 5-3, SECTOR-9, MVP COLONY, VISAKHAPATNAM. [ PAN : AAQPN 1119 F] ( & & & & / APPELLANT) ( '(& '(& '(& '(& / RESPONDENT ) & ) / ASSESSEE BY : SHRI C. SUBRAHMANYAM CA '(& ) / REVENUE BY : SHRI M.N. MURTHY NAIK - DR ) - / DATE OF HEARING : 22/12/2015 ) - / DATE OF PRONOUNCEMENT : 22/12/2015 / O R D E R PER G. MANJUNATHA, ACCOUNTANT MEMBER: THESE APPEALS ARE FILED BY THE REVENUE AGAINST THE COMMON ORDER OF THE CIT(A), VISAKHAPATNAM DATED 14/12/2014 FOR T HE A.Y. 2002-03 TO 2004-05 & 2007-08. 2 ITA NOS.80-82 & 85/VIZ/2014 2 . WHEN THESE APPEALS ARE TAKEN UP FOR HEARING, THE L D. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVO LVED IN THESE APPEALS IS BELOW RS. 10 LAC. AS PER THE LATEST CIRCULAR NO .21/2015 OF CBDT DATED 10/12/2015, BEING RETROSPECTIVE IN NATURE, TH E APPEALS FILED BY THE REVENUE ARE NOT MAINTAINABLE. THE LD. D.R. HAS NOT RAISED ANY OBJECTION. IN VIEW OF THE ABOVE, THE APPEALS FILED BY THE REVENUE ARE NOT MAINTAINABLE. HENCE, THE SAME ARE DISMISSED. 3 . IN THE RESULT, THE APPEALS FILED BY THE REVENUE A RE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 22 ND DECEMBER, 2015. SD/- SD/- ( . ) ( . . . . ) ( (( ( V. DURGA RAO ) )) ) ( G. MANJUNATHA) / // / JUDICIAL MEMBER / // / ACCOUNTANT MEMBER /VISAKHAPATNAM: 3 / DATED : 22/12/2015 VR/SPS ) ' 4 / COPY OF THE ORDER FORWARDED TO :- 1. & / THE ASSESSEE SRI NUKALA RAMA KRISHNA, NAGAHANUMA N FISH PACKERS, SRI BALAJI RESIDENCY, 5-3, SECTOR-9, MVP COLONY, VI SAKHAPATNAM. 2. '(& / THE REVENUE DCIT, CIRCLE-3(1), VISAKHAPATNAM. 3. 5 / THE CIT-1 VISAKHAPATNAM. 4. 5 () / THE CIT (A)-1, VISAKHAPATNAM. 5. ' , , / // / DR, ITAT, VISAKHAPATNAM 6 . . . . / GUARD FILE 3 ITA NOS.80-82 & 85/VIZ/2014 / BY ORDER // TRUE COPY // 9: ( SR.PRIVATE SECRETARY ) , / // / ITAT, VISAKHAPATNAM