Dy. Commissioner of Income Tax , Circle-3(1), Hyderabad V. Malayadri Laxmi Narasimham Mullapati, Hyderabad

MA 35/Hyd/2022

• Counselvise Citation: [2022] 104 COUNSELVISE.COM (IT) 4535 (ITAT-HYDERABAD)
• Duration Of Justice: 1 month(s) 16 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 01-05-2022
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: DB-B
• Assessment Year: 2015-2016
• Appeal Filed On: 15-03-2022
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: T. SUNIL GOUTAM
• Keywords: Tax effect; Tax effect
• Section: 254(2); 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES “A”: HYDERABAD (THROUGH VIRTUAL CONFERENCE) B EFORE SH RI LA XMI PRA SA D SAHU , AC COUNTA NT MEM BER AND SHR I K . N AR ASIM H A C HA RY, JUDI CI AL MEMBER M.A. No. 35/Hyd/2022 (in ITA No. 1082/H/2019 Assessment Year: 2015-16) Dy. Commissioner of Income-tax, Circle – 3 (1), Hyderabad. Vs. Malayadri Laxmi Narasimham Mullapati, Hyderabad. PAN – AFSPM 0441A (Applicant) (Respondent) Revenue by: Shri T. Sunil Goutam Assessee by: None Date of hearing: 29/04/2022 Date of pronouncement: 02/05/2022 O R D E R PER L.P. SAHU, A.M.: This Miscellaneous Application is filed by the Revenue u/s 254(2) of the Income Tax Act seeking recall of the order of the Tribunal dated 26/08/2021 in ITA No. 1082/Hyd/2019. 2. In the MA, the revenue, stated as under: M.A. No. 35//Hyd/2022 M a l a y a d r i L a x m i N a r a s i m h a m M u l l a p a t i , H y d . :- 2 -: In the case of ITA.No. 1082/Hyd/2019 - M.Malayadri Laxmi Narasimham (PAN AFSPM0441A) for A.Y.2015-16 , the Hon'ble ITAT, “A' Bench, Hyderabad vide its order dated.26.08.2021, held that the tax effect involved in this case is less than Rs.50 lakhs and hence, dismissed the Deparment's appeal citing Circular No.3/2018 dated.11.07.2018 and Circular No.17 of 2019 dated 9 th August, 20 19 and said order was received in the office of the CIT(Judicial), Hyderabad on 20-09-2021 and for which the Miscellaneous Petition is being filed on following grounds. "It is requested that the Hon'ble ITAT may kindly recall its order passed on 26-08-2021 (received in this office on 20-09.2021) in ITA.NO.1082/Hyd/2019 for the A.Y. 2015-16 in the of DCIT, Circle-3(1), Hyderabad Vs Sri Malayadri Laxmi Narasimham Mullapati, Hyderabad owing to wrong calculation, the Officer has mentioned that the tax effect in this case is below Rs.50 lakhs. " Therefore, the miscellaneous petition u/s. 254(2) of the Income Tax Act, 1961 is being filed praying the Hon'ble ITAT to recall the order passed in ITA.No. 1082/Hyd/2019, dated.26/08/2021 for A.Y.2015-16 on the facts. 2.1 Referring to the above factual matrix, the ld. DR submitted that the order dated 26/08/2021 may be recalled and adjudicated the appeal on merits of the case. 3. At the time of hearing of the appeal, none appeared on behalf of the assessee. As requested by the ld. DR owing to the wrong calculation, the tax effect in this case was mentioned below Rs. 50 lakhs, based on which, the ITAT dismissed the appeal of the revenue citing Circular No. M.A. No. 35//Hyd/2022 M a l a y a d r i L a x m i N a r a s i m h a m M u l l a p a t i , H y d . :- 3 -: 3/2018, dated 11/07/2018 and Circular No. 17 of 2019, dated 9 th August, 2019. Therefore, we recall the order dated 26/08/2021 and direct the Registry to fix the appeal for hearing in due course of time for deciding the appeal on merits, by issuing the notice of hearing to the parties. 5. In the result, MA filed by the Revenue is allowed in above terms. Pronounced in the open court on 2 nd May, 2022. Sd/- Sd/- (K. NARASIMHA CHARY) (L. P. SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER Hyderabad, Dated: 2 nd May, 2021. kv Copy to : 1 DCIT, Circle – 3(1), Room No. 714, 7 th Floor, Signature Towers, Opp. Botanical Gardens, Hyderabad. 2 Malayadri Laxmi Narasimham Mullapati, C/o M/s Ratna Infrastructure Projects P. Ltd., 6 th Floor, M.No. 2-64/2/A, (Above Canara Bank) Megha Hills, Madhapur, Hyderabad – 500 081 3 CIT(A) – 11, Hyderabad 4 Pr. CIT(Central), Hyderabad. 5 ITAT, DR, Hyderabad 6 Guard File. M.A. No. 35//Hyd/2022 M a l a y a d r i L a x m i N a r a s i m h a m M u l l a p a t i , H y d . :- 4 -: S . N o . D e t a i l s D a t e 1 D r a f t d i c t a t e d o n 2 D r a f t p l a c e d b e f o r e a u t h o r 3 D r a f t p r o p o s e d & p l a c e d b e f o r e t h e S e c o n d M e m b e r 4 D r a f t d i s c u s s e d / a p p r o v e d b y S e c o n d M e m b e r 5 A p p r o v e d D r a f t c o m e s t o t h e S r . P S / P S 6 K e p t f o r p r o n o u n c e m e n t 7 F i l e s e n t t o B e n c h C l e r k 8 D a t e on w h i c h t h e f i l e g o e s t o H e a d C l e r k 9 D a t e o n w h i c h f i l e g o e s t o A . R . 10 D a t e o f D i s p a t c h o f o r d e r