Income Tax Officer(Exemptions), , Rajahmundry V. Agricultural Market Committee , Attili

MA 13/VIZ/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 3254 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 11 month(s) 3 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 06-03-2020
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2003-2004
• Appeal Filed On: 02-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: B RAMA KRISHNA
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH, VISAKHAPATNAM BEFORE SHRI V. DURGA RAO , HONBLE JUDICIAL MEMBER & SHRI D.S. SUNDER SINGH , HONBLE ACCOUNTANT MEMBER M.A.NO. 13/VIZ/2019 (ARISING OUT OF I . T . A . NO. 338/VIZ/2018) (ASST. YEAR : 200 3 - 04 ) ITO (EXEMPTIONS) , RAJAMAHENDRAVARAM. VS. M/S. AGRICULTURAL MARKET COMMITTEE, ATTILI , WEST GODAVARI DISTRICT. PAN NO. AAALA 0351 L (APP ELLANT ) (RESPONDENT) ASSESSEE BY : SHRI G.V.N. HARI , FCA DEPARTMENT BY : SHRI B.RAMA KRISHNA , SR. DR DATE OF HEARING : 06 / 0 3 /2020 . DATE OF PRONOUNCEMENT : 06 / 0 3 /20 20 . O R D E R PER V. DURGA RAO , JUDICIAL MEMBER BY FILING T HIS MISC. APPLICATION , REVENUE SEEKS RECALL OF THE ORDER PASSED BY THIS TRIBUNAL IN ITA NO.338/VIZ/2018, DATED 30/11/2018 ON THE GROUND THAT TAX EFFECT INVOLVED IN THIS APPEAL IS MORE THAN RS. 20.00 LAKHS . 2. LD. COUNSEL FOR THE ASSESSEE HAS FAIRLY CONCEDED THAT TAX EFFECT INVOLVED I S THIS APPEAL IS MORE THAN RS. 20.00 LAKHS . 3 . IN VIEW OF THE SUBMISSIONS OF BOTH THE PARTIES , WE FIND THAT TH E APPEAL IN ITA NO.338/VIZ/2018, DATED 30/11/2018 HAS TO BE 2 M A NO. 13/VIZ/2019 ( M/S. AGRICULTURAL MARKET COMMITTEE ) RECALLED. ACCORDINGLY, RECALLED . REGISTRY IS DIRECTED TO POST THIS APPEAL FOR HEARING ON 16/03/2020 . SINCE THE DATE OF HEARING IS INFORMED TO BOTH THE PARTIES IN OPEN COURT, NO NOTICE IS REQUIRED TO BE ISSUED. 4 . IN THE RESULT, MISC. APPLICATION FILED BY THE REVENUE IS ALLOWED. ORDER PRONOUNCED IN OPEN COURT ON TH IS 06 TH DAY OF MARCH , 2020 . S D / - S D / - (D.S. SUNDER SINGH) (V. DURGA RAO) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 06 TH MARCH , 20 20 . VR/ - COPY TO: 1. THE ASSESSEE - M/S. AGRICULTURAL MARKET COMMITTEE, ATTILI, WEST GODAVARI DISTRICT. 2. THE REVENUE ITO (EXEMPTIONS ), RAJAMAHENDRAVARAM. 3. THE PR. CIT (EXEMPTIONS) , HYDERABAD. 4. THE CIT(A) , RAJAM AH ENDRAVARAM . 5. THE D.R . , VISAKHAPATNAM. 6. GUARD FILE. BY ORDER (VUKKEM RAMBABU) SR. PRIVATE SECRETARY, ITAT, VISAKHAPATNAM.