THE DCIT, Visakhapatnam V. Nukala Ramakrishna, Visakhapatnam

ITA 83/VIZ/2015

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 6515 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 year(s) 11 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-02-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2005-2006
• Appeal Filed On: 24-02-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: T S N MURTHY
• Keywords: Tax effect

Judgement Text

ITA NOS.83, 84 & 85/VIZAG/2015 SRI N. RAMAKRISHNA, VSKP 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.83, 84 & 85/VIZAG/2015 ( / ASSESSMENT YEAR: 2005-06, 2006-07 & 2008-09) DCIT, CIRCLE - 3(1), VISAKHAPATNAM VS. SRI N. RAMAKRISHNA, VISAKHAPATNAM [PAN: AAQPN1119F ] ( % / APPELLANT) ( &'% / RESPONDENT) / APPELLANT BY : SHRI T.S.N. MURTHY, DR / RESPONDENT BY : SHRI C. SUBRAHMANYAM, AR / DATE OF HEARING : 13.02.2017 / DATE OF PRONOUNCEMENT : 13.02.2017 / O R D E R PER BENCH: THESE APPEALS ARE FILED BY THE REVENUE AGAINST COM MON ORDER OF THE CIT(A)-1, VISAKHAPATNAM DATED 14.12.2014 FOR TH E ASSESSMENT YEARS 2005-06, 2006-07 & 2008-09. ITA NOS.83, 84 & 85/VIZAG/2015 SRI N. RAMAKRISHNA, VSKP 2 2. WHEN THESE APPEALS ARE TAKEN UP FOR HEARING, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT INVO LVED IN THESE APPEALS IS BELOW RS.10 LAKHS. AS PER THE LATEST CIRCULAR N O.21/2015 DATED 10.12.2015 OF CBDT BEING RETROSPECTIVE IN NATURE, T HE 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 ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 13 TH FEB17. SD/- SD/- ( . ) ( . ) (V. DURGA RAO) (G. MANJUNATHA) /JUDICIAL MEMBER /ACCOUNTANT MEMBER ! /VISAKHAPATNAM: % /DATED : 13.02.2017 VG/SPS '! (! /COPY OF THE ORDER FORWARDED TO:- 1. / THE APPELLANT THE DY. CIT, CIRCLE-3(1), VISAKH APATNAM 2. / THE RESPONDENT SHRI NUKALA RAMA KRISHNA, NAGA HANUMAN FISH PACKERS, SRI BALAJI RESIDENCY, 5-3, SECTOR-9, MVP C OLONY, NEAR DRDA OFFICE, VISAKHAPATNAM 3. ) / THE CIT-1, VISAKHAPATNAM 4. ) ( ) / THE CIT(A)-1, VISAKHAPATNAM 5. ! , , , , ! / DR, ITAT, VISAKHAPATNAM 6 . / GUARD FILE / BY ORDER // TRUE COPY //