ACIT, Circle-2(1), Tirupathi V. Sri R. Srinivasa Reddy, Hyderabad

ITA 873/HYD/2012

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 66231 (ITAT-HYDERABAD)
• Duration Of Justice: 3 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-09-2012
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2003-2004
• Appeal Filed On: 01-06-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: NIVEDITA BISWAS
• Assessee Lawyers: CHAITANYA KUMAR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH A', HYDERABAD BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. ASHA VIJAYARAGHAVAN, JUDICIAL MEMBER I.T.A. NO. 873/HYD/2012 ASSESSMENT YEAR 2003-04 THE ASST. CIT CIRCLE-2(1) TIRUPATI V. SRI R. SRINIVASA REDDY HYDERABAD PAN: AFSPR5451D APPELLANT RESPONDENT APPELLANT BY: SMT. NIVEDITA BISWAS RESPONDENT BY: SRI CHAITANYA KUMAR DATE OF HEARING: 20.09.2012 DATE OF PRONOUNCEMENT: 20.09.2012 O R D E R PER CHANDRA POOJARI, AM: THIS APPEAL BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE CIT(A), GUNTUR DATED 9.11.2011 FOR A.Y. 2003 -04. 2. AT THE TIME OF HEARING BOTH THE PARTIES CONCEDED TH AT THE TAX EFFECT INVOLVED IN THIS APPEAL IS LESS THAN RS. 3 LAKHS. BEING SO, IN VIEW OF THE INSTRUCTION NO. 3 OF 2011 (F. NO . 279/MISC. 142/2007-ITJ), DATED 9TH FEBRUARY, 2011 ISSUED BY T HE CBDT, THE PRESENT APPEAL OF THE REVENUE INVOLVING TAX EFFECT OF LESS THAN RS. 3 LAKHS IS NOT MAINTAINABLE BEFORE THIS TRIBUNA L AND ACCORDINGLY THE SAME IS DISMISSED IN LIMINE WITHOUT ADMITTING THE SAME. 3. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 20 TH SEPTEMBER, 2012. SD/- ( ASHA VIJAYARAGHAVAN ) JUDICIAL MEMBER SD/- (CHANDRA POOJARI) ACCOUNTANT MEMBER HYDERABAD, DATED 20 TH SEPTEMBER, 2012 TPRAO I.T.A. NO. 873/HYD/2012 SRI R. SRINIVASA REDDY =================== 2 COPY FORWARDED TO: 1. THE ASST. CIT, CIRCLE-2(1), D. NO. 6-1-75E, RAJA SWA BHAVAN, VARADARAJA NAGAR, TIRUPATI. 2. SRI R. SRINIVASA REDDY, 6-3-665, FLAT NO. 207, L UMBINI ENCLAVE, SOMAJIGUDA, HYDERABAD. 3. THE CIT(A), GUNTUR. 4. THE CIT-III, GUNTUR. 5. THE DR A BENCH, ITAT, HYDERABAD