DCIT, Circle-6(1), Hyd, Hyderabad V. Sri Balaji Construction Compnay, Hyd, Hyderabad

ITA 929/HYD/2015

• Counselvise Citation: [2019] 112 COUNSELVISE.COM (IT) 4878 (ITAT-HYDERABAD)
• Duration Of Justice: 4 year(s) 1 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-08-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 30-08-2019
• Assessment Year: 2009-2010
• Appeal Filed On: 09-07-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

LOW TAX APPEALS GROUP 30 AUG 2019 - A PAGE 1 OF 4 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH - A AT HYDERABAD BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI. A. MOHAN ALANKAMONY , ACCOUNTANT MEMBER SRL APPEAL NUMBER APPELLENT RESPONDENT PAN A.Y. TAX EFFECT COUNSEL FOR ASSESSEE (SRI/KUM/SMT) 1 ITA 1660 /HYD/2016 DCIT, CIRCLE - 2(1), HYDERABAD KEIMED PRIVATE LIMITED, HYDERABAD AABCK 4532F 2009 - 10 27,84,281 KC DEVDAS 2 ITA 280 /HYD/2017 DCIT, CIRCLE - 2(1), HYDERABAD JANAPRIYA PROPERTIES PRIVATE LIMITED, HYDERABAD AABCJ9 001E 2012 - 13 32,20,163 A SRINIVAS 3 ITA 571 /HYD/2017 ITO, WARD - 9(3), HYDERABAD JAMIATUL MUFLIHAAT, HYDERABAD AABAJ6 972A 2011 - 12 45,25,826 NONE 4 ITA 572 /HYD/2017 ITO, WARD - 9(3), HYDERABAD JAMIATUL MUFLIHAAT, HYDERABAD AABAJ6 972A 2012 - 13 23,09,164 NONE 5 ITA 1080 /HYD/2017 ACIT, CENT.CIRCLE - 3(1), HYDERABAD MARRI VENKAT REDDY, HYDERABAD ACIPM2 305A 2012 - 13 22,55,700 MANOJ DAGA 6 ITA 1160 /HYD/2017 ITO, WARD - 12(5), HYDERABAD GADDE SIVA RAM PRASAD, HYDERABAD ACWPG 9765E 2009 - 10 49,59,486 S RAMA RAO 7 ITA 1317 /HYD/2017 ITO, WARD - 9(3), HYDERABAD JAMIAT UL MAFLIHAAT, HYDERABAD AABAJ6 972A 2008 - 09 26,70,791 NONE 8 ITA 1425 /HYD/2017 DCIT, CIRCLE - 16(2), HYDERABAD MAGNAQUEST TECHNOLOGIES LIMITED, HYDERABAD AACCM 3117F 2013 - 14 48,32,606 KC DEVDAS 9 ITA 1605 /HYD/2017 ACIT, CIRCLE - 5(1), HYDERABAD SATVINDER SINGH BAGGA, HYDERABAD ABLPB6 160G 2013 - 14 42,33,180 P MURALI MOHAN RAO 10 ITA 1606 /HYD/2017 ACIT, CIRCLE - 5(1), HYDERABAD SATVINDER SINGH BAGGA, HYDERABAD ABLPB6 160G 2014 - 15 49,35,271 P MURALI MOHAN RAO 11 ITA 240 /HYD/2018 ACIT, CIRCLE - 7(1), HYDERABAD MOHAMMED AYUB AHMED, HYDERABAD ADMPM 6204M 2009 - 10 18,79,972 MOHD. AFZAL LOW TAX APPEALS GROUP 30 AUG 2019 - A PAGE 2 OF 4 12 ITA 619 /HYD/2018 DCIT, CIRCLE - 16(2), HYDERABAD MAHESWARI PLAZA RESORTS LIMITED, HYDERABAD AABCM 6346D 2009 - 10 16,09,200 NONE 13 ITA 753 /HYD/2018 ACIT, CIRCLE - 1, KURNOOL LEGEND BUILERS & CONSTRUCTIONS, KURNOOL AAFFL 6807K 2014 - 15 33,99,000 NONE 14 ITA 847 /HYD/2018 DCIT, CIRCLE - 16(2), HYDERABAD OCEAN PARK MULTI TECH LIMITED, HYDERABAD AAACO 5367P 2009 - 10 27,00,000 S RAMA RAO 15 ITA 1010 /HYD/2018 ACIT, CIRCLE - 15(1), HYDERABAD K GAJANAND REDDY, SECUNDERABAD ADPPR 3325P 2009 - 10 21,42,400 NONE 16 ITA 1121 /HYD/2018 ITO, WARD - 2, KURNOOL NARABOINA SUBBA RAO, KURNOOL AIOPR8 236K 2014 - 15 45,03,872 KC DEVDAS 17 ITA 1347 /HYD/2018 ACIT, CIRCLE - 1, KURNOOL NAG ADVERTISING & MARKETING, ADONI ABIPT3 985C 1994 - 95 29,37,415 P MURALI MOHAN RAO 18 ITA 1603 /HYD/2018 DCIT, CENTRAL CIRCLE - 2(2), HYDERABAD RAMPRAKASH NAGORI (HUF), HYDERABAD AAEHR 4492M 2015 - 16 49,08,602 NONE 19 CO 40 /HYD/2018 RAMPRAKASH NAGORI (HUF), HYDERABAD DCIT, CENTRAL CIRCLE - 2(2), HYDERABAD AAEHR 4492M 2015 - 16 49,08,602 NONE 20 ITA 1732 /HYD/2018 DCIT, CIRCLE - 16(1), HYDERABAD QUIPPO CONSTRUCTION EQUIPMENT LIMITED, HYDERABAD AAACQ 1735F 2015 - 16 22,87,523 NONE 21 CO 36 /HYD/2018 QUIPPO CONSTRUCTION EQUIPMENT LIMITED DCIT, CIRCLE - 16(1), HYDERABAD AAACQ 1735F 2015 - 16 22,87,523 NONE 22 ITA 1777 /HYD/2018 ACIT, CIRCLE - 1, ANANTAPUR MANCHIKANTI VENKATA RANGA SESHA PRASAD, GUNTAKAL AAZPM 0394A 2013 - 14 43,87,316 V RAGHAVENDRA RAO 23 ITA 1958 /HYD/2018 ITO, WARD - 3, KADAPA SHAIK FAHEEMUNNISA BEGUM, KADAPA AIQPS5 034A 2008 - 09 15,01,087 S RAMA RAO 24 ITA 1084 /HYD/2013 ITO, WARD - 7(1), HYDERABAD SYED ANEESUDDIN, HYDERABAD AAOPU 6624Q 2006 - 07 11,01,581 NONE 25 ITA 1356 /HYD/2015 ACIT, CIRCLE - 14(1), HYDERABAD BBEL MIPL JV, HYDERABAD AAAAB 7423P 2011 - 12 38,01,787 S RAMA RAO 26 ITA 1895 /HYD/2011 ADIT, (EXEMPTION) - II, HYDERABAD AWARE HEALTH AND RESEARCH FOUNDATION, HYDERABAD AAATA 4862C 2001 - 02 40,17,618 S RAMA RAO LOW TAX APPEALS GROUP 30 AUG 2019 - A PAGE 3 OF 4 27 CO 7 /HYD/2012 ADIT, (EXEMPTION) - II, HYDERABAD AWARE HEALTH AND RESEARCH FOUNDATION, HYDERABAD AAATA 4862C 2001 - 02 40,17,618 S RAMA RAO 28 ITA 1466 /HYD/2011 ADIT, (EXEMPTION) - II, HYDERABAD AWARE (INDIA) FOUNDATION, HYDERABAD AAATA 2340K 2001 - 02 41,48,090 S RAMA RAO 29 CO 25 /HYD/2012 ADIT, (EXEMPTION) - II, HYDERABAD AWARE (INDIA) FOUNDATION, HYDERABAD AAATA 2340K 2001 - 02 41,48,090 S RAMA RAO 30 ITA 928 /HYD/2015 DCIT, CIRCLE - 6(1), HYDERABAD SRI BALAJI CONSTRUCTION COMPANY ABBFS4 064J 2007 - 08 19,62,052 Y RATNAKAR 31 ITA 929 /HYD/2015 DCIT, CIRCLE - 6(1), HYDERABAD SRI BALAJI CONSTRUCTION COMPANY ABBFS4 064J 2009 - 10 17,59,317 Y RATNAKAR 32 ITA 930 /HYD/2015 DCIT, CIRCLE - 6(1), HYDERABAD SRI BALAJI CONSTRUCTION COMPANY ABBFS4 064J 2010 - 11 43,40,954 Y RATNAKAR 33 ITA 1139 /HYD/2013 DCIT, BUSINESS CIRCLE - II, CHENNAI L.RAJALAKSHMI, CHENNAI AFGPR3 011K 2009 - 10 48,23,589 P MURALI MOHAN RAO 34 ITA 203 /HYD/2019 DCIT, CENTRAL CIRCLE - 1(1), HYDERABAD SAROTHAM REDDY CHERAKU, HYDERABAD ADSPC8 194J 2014 - 15 31,75,602 NONE 35 ITA 846 /HYD/2019 DCIT, CENTRAL CIRCLE - 1(1), HYDERABAD JAIVEER REDDY NALAMADA, HYDERABAD AAUPN 7364E 2008 - 09 20,30,400 NONE ASSESSEE BY: AS DETAILED ABOVE REVENUE BY : SMT. NEEJU GUPTA SMT. MATTA PADMA A DATE OF HEARING: 30 AUGUST 2019 DATE OF PRONOUNCEMENT: 30 AUGUST 2019 ORDER PER SMT. P. MADHAVI DEVI, J.M. ALL THESE APPEALS ARE THE APPEALS OF THE REVENUE FOR THE RELEVANT A.Y. OF THE RESPECTIVE ASSESSEES AGAINST THE ORDER OF THE RESPECTIVE CIT (A). LOW TAX APPEALS GROUP 30 AUG 2019 - A PAGE 4 OF 4 2. AT THE TIME OF HEARING IT HAS BEEN BROUGHT TO OUR NOTICE THAT AS PER THE CBDT CIRCULARS NO.03/2018 DATED 1 1.07.2018 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 ALL THESE APPEALS IS LESS THAN RS.50.00 LAKH, WE ARE DISMISSING TH E SAME ON ACCOUNT OF LOW TAX EFFECT WITH THE LIBERTY TO THE REVENUE TO SEEK RECALL OF THE ORDER, IF ANY OF THESE APPEALS FALLS WITHIN THE EXCEPTIONS MENTIONED IN THE CIRCULARS CITED ABOVE. 3. IN THE RESULT, ALL THESE APPEALS FILED BY THE REVENUE ARE DISM ISSED AS WITHDRAWN AND THE CROSS OBJECTIONS ARE DISMISSED AS INFRUCTUOUS. ORDER PRONOUNCED IN THE OPEN COURT ON 30 AUGUST 2019. ( A. MOHAN ALANKAMONY ) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD DATED 30 AUGUST 2019 VINODAN/SPS COPY TO: 1 ALL THE APPELLANTS 2 ALL THE RESPONDENTS 3 ALL THE COMMISSIONERS OF INCOME TAX (APPEALS) 4 ALL THE PRINCIPAL COMMISSIONERS OF INCOME TAX 5 THE CIT - DR, ITAT, A - BENCH / B - BENCH, HYDERABAD 6 GUARD FILE BY ORDER 1 DRAFT DICTATED ON 30 AUG 2019 2 DRAFT PLACED BEFORE AUTHOR 3 0 AUG 2019 3 DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER AUG 2019 4 DRAFT DISCUSSED/APPROVED BY SECOND MEMBER AUG 2019 5 APPROVED DRAFT COMES TO THE SR.PS /PS AUG 2019 6 KEPT FOR PRONOUNCEMENT ON AUG 2019 7 FILE SENT TO THE BENCH CLERK AUG 2019 8 DATE ON WHICH FILE GOES TO THE HEAD CLERK AUG 2019 9 DATE OF DISPATCH OF ORDER AUG 2019