The ACIT, Circle-1, Rajahmundry V. Smt Ch Satyavati, Rajahmundry

ITSSA 39/VIZ/2004

• Counselvise Citation: [2012] 121 COUNSELVISE.COM (IT) 8051 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 7 year(s) 10 month(s) 30 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 09-04-2012
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 09-04-2012
• Assessment Year: misc
• Appeal Filed On: 10-05-2004
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: T LUCAS PETER

Judgement Text

IT(SS)A NO.39/VIZAG/2004 SMT. CHITTURI SATYAVATHI, W/ O SRI C.V. PULLESWARA RAO, RJY. IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH, VISAKHAPATNAM BEFORE: SHRI SUNIL KUMAR YADAV, JUDICIAL MEMBER AND SHRI BR BASKARAN, ACCOUNTANT MEMBER IT (SS) A NO. 39 /VIZAG/ 20 04 BLOCK PERIOD 1986 - 87 TO 1996 - 97 ACIT, CIRCLE - 1 RAJAHMUNDRY VS. SMT. CHITTURI SATYAVATHI W/O SHRI C.V. PULLESWARA RAO RAJAHMUNDRY (APPELLANT) (RESPONDENT) IT(SS)A NO.45/VIZAG/2004 BLOCK PERIOD 1987 - 88 TO 1997 - 98 SMT. CHITTURI SATYAVATHI W/O SHRI C.V. PULLESWARA RAO RAJAHMUNDRY VS. DCIT, CIRCLE - 1 RAJAHMUNDRY (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI G.V.N. HARI, CA RESPONDENT BY: SHRI T. LUCAS PETER, CIT(DR) DATE OF HEARING : 09.04.2012 DAT E OF PRONOUNCEMENT : 09.04.2012 ORDER (U/S 255(4) OF THE INCOME-TAX ACT) PER SHRI S.K. YADAV, JUDICIAL MEMBER:- THESE CROSS APPEALS ARE PREFERRED AGAINST THE ORD ER OF THE CIT(A). PURSUANT TO THE ORDER OF THIRD MEMBER, THE PROCEEDI NGS INITIATED U/S 158BD OF THE ACT DESERVE TO BE QUASHED, IN WHICH EVENT, T HE ADDITIONS MADE BY THE A.O. DO NOT HAVE ANY LEG TO STAND. THEREFORE, THE ADDITIONS MADE BY THE A.O. AND CONFIRMED BY THE CIT(A) ARE HEREBY DELETED . 2. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS ALLOWED AND THE APPEAL OF THE REVENUE IS DISMISSED. PRONOUNCED IN THE OPEN COURT ON 09.04.2012 SD/- SD/- (BR BASKARAN) (SUNIL KUMAR YADAV) ACCOUNTANT MEMBER JUDICIAL MEMBER VG/SPS VISAKHAPATNAM, DATED 9 TH APRIL, 2012 2 IT(SS)A NO.39/VIZAG/2004 SMT. CHITTURI SATYAVATHI, W/ O SRI C.V. PULLESWARA RAO, RJY. COPY TO 1 THE ACIT, CIRCLE - 1, RAJAHMUNDRY 2 THE DCIT, CIRCLE - 1, RAJAHMUNDRY 3 SMT. CHITTOORI SATYAVATHI, W/O SRI C.V.P. RAO, D. NO.B2/1, A.P.P. MILLS, RAJAHMUNDRY, EAST GODAVARI DISTRICT 4 THE CI T, RAJAHMUNDRY 5 THE CIT (A) , RAJAHMUNDRY 6 THE DR, ITAT, VISAKHAPATNAM. 7 GUARD FILE. BY ORDER SENIOR PRIVATE SECRETARY INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM