ITO, Ward-14(2), Hyderabad V. M/s Gopikrishna Movies Private Limited, Hyderabad

ITA 993/HYD/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 6457 (ITAT-HYDERABAD)
• Duration Of Justice: 3 year(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-06-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 14-06-2016
• Assessment Year: 2009-2010
• Appeal Filed On: 14-06-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: B KURMI NAIDU
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B, HYDERABAD BEFORE SHRI D.MANMOHAN, VICE PRESIDENT AND SHRI S.RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA NO.993/HYD/2013 : ASSESSMENT YEARS 2009-1 0 INCOME TAX OFFICER WARD 14(2), HYDERABAD V/S M/S. GOPIKRISHNA MOVIES PVT. LTD., HYDERABAD (PAN AACCG 7794 A ) (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI B.KURMI NAIDU RESPONDENT BY : NONE DATE OF HEARING 14 . 6 .201 6 DATE OF PRONOUNCEMENT 14.6.2016 O R D E R PER D.MANMOHAN, VICE PRESIDENT: THIS APPEAL IS FILED AT THE INSTANCE OF THE REVE NUE AND IT PERTAINS TO ASSESSMENT YEAR 2009-10. AT THE TIME OF HEARING, LEARNED DEPARTMENTAL REPRESENTATIVE FILED A PETITION SEEKIN G PERMISSION FOR WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE TAX EFFECT IN THIS CASE IS LESS THAN RS.10 LAKHS AND ALSO FURNISHED A CHART SHOWING THE COMPUTATION OF TAX EFFECT. IN THE LIGHT OF THE CIRC ULAR ISSUED BY CBDT BEING NO.21/2015 DATED 10 TH DECEMBER, 2015 BEARING F.NO.279/MISC.142/2007-ITI(PT), WHICH IS BINDING ON THE REVENUE, WE PERMIT THE REVENUE TO WITHDRAW THIS APPEAL. ITA NO.993/HYD/2013 M/S. GOPIKRISHNA MOVIES PVT. LTD., HYDERABAD 2 2. ACCORDINGLY, APPEAL OF THE REVENUE IS DISMISSE D AS WITHDRAWN. PRONOUNCED ACCORDINGLY IN THE OPEN COURT. SD/- SD/- (S.RIFAUR RAHMAN) (D.MANMOHAN) ACCOUNTANT MEMBER VICE PRESIDENT DT/- 14 TH JUNE, 2016 COPY FORWARDED TO: 1. M/S. GOPIKRISHNA MOVIES PVT. LTD., PLOT NO.100/A, MLA COLONY, ROAD NO.12, BANJARA HILLS, HYDERABAD 2. 3 INCOME TAX OFFICER WARD 14(2), HYDERABAD COMMISSIONER OF INCOME-TAX(APPEALS) II, HYDERABAD 4. COMMISSIONER OF INCOME - TAX TDS , HYDERABAD 5. DEPARTMENTAL REPRESENTATIVE ITAT, HYDERABAD B.V.S.