ACIT, Circle-14(1), Hyd, Hyderabad v. Giridhari Constructions, Hyd, Hyderabad

ITA 1332/HYD/2015 | 2010-2011
Pronouncement Date: 25-11-2019 | Result: Dismissed

Appeal Details

RSA Number 133222514 RSA 2015
Assessee PAN AAGFG5289D
Bench Hyderabad
Appeal Number ITA 1332/HYD/2015
Duration Of Justice 3 year(s) 11 month(s) 22 day(s)
Appellant ACIT, Circle-14(1), Hyd, Hyderabad
Respondent Giridhari Constructions, Hyd, Hyderabad
Appeal Type Income Tax Appeal
Pronouncement Date 25-11-2019
Appeal Filed By Department
Tags Tax Effect
Order Result Dismissed
Bench Allotted Not Allotted
Tribunal Order Date 25-11-2019
Date Of Final Hearing 25-11-2019
Next Hearing Date 25-11-2019
Last Hearing Date 10-12-2018
First Hearing Date 07-06-2018
Assessment Year 2010-2011
Appeal Filed On 03-12-2015
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B HYDERABAD BEFORE SHRI D.KARUNAKARA RAO ACCOUNTANT MEMBER AND SHRI V.DURGA RAO JUDICIAL MEMBER I.T.A. NO. 1332/HYD/2015 ASSESSMENT YEAR: 2010-11 THE ASST. COMMISSIONER OF INCOME TAX CIRCLE-14(1) HYDERABAD VS M/S.GIRIDHARI CONSTRUCTIONS HYDERABAD [PAN: AAGFG5289D] (APPELLANT) (RESPONDENT) FOR REVENUE : SHRI D.J.P. ANAND DR FOR ASSESSEE : SHRI P.MURALI MOHANA RAO AR DATE OF HEARING : 25-11-2019 DATE OF PRONOUNCEMENT : 25-11-2019 O R D E R PER D.KARUNAKARA RAO A.M. : THIS APPEAL OF REVENUE IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-4 HYDERABAD DATED 24-09-2015. 2. AT THE TIME OF HEARING IT HAS BEEN BROUGHT TO OUR NO TICE THAT AS PER THE CBDT CIRCULAR NO.03/2018 DATED 11-07-2018 AND CIRCULAR NO.17 OF 2019 DATED 8 TH AUGUST 2019 THE TAX LIMIT FOR FILING OF APPEAL BY THE REVENUE BEFORE THE TRIBUNAL HAS BEEN FIXED AT RS.50 LAKHS. ITA NO. 1332/HYD/2015 :- 2 -: 3. AFTER HEARING LD.DR AND PERUSING THE RECORDS AS PL ACED BEFORE US WE FIND THAT THIS APPEAL IS COVERED BY THE AFORESA ID CIRCULARS AND THEREFORE NOT MAINTAINABLE SINCE THE TAX EFFECT IN THIS APPEAL IS LESS THAN RS.50 LAKHS AND APPARENTLY THE CASE IS NOT COVERE D BY ANY OF THE EXCEPTIONS IN THE CIRCULARS. WE THEREFORE DISMISS THIS APPEAL ON ACCOUNT OF LOW TAX EFFECT. HOWEVER THE REVENUE IS AT LI BERTY TO SEEK RECALL OF THE ORDER IF THE CASE IS FOUND TO BE FALLIN G WITHIN THE EXCEPTIONS MENTIONED IN THE CIRCULARS CITED ABOVE. 4. IN THE RESULT THE APPEAL FILED BY REVENUE IS DISMI SSED. ORDER PRONOUNCED IN THE OPEN COURT ON 25 TH NOVEMBER 2019 SD/- SD/- (V. DURGA RAO) (D. KARUNAKARA R AO) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDERABAD DATED 25 TH NOVEMBER 2019 TNMM ITA NO. 1332/HYD/2015 :- 3 -: COPY TO : 1. THE ASST.COMMISSIONER OF INCOME TAX CIRCLE-14(1 ) HYDERABAD. 2. M/S.GIRIDHARI CONSTRUCTIONS H.NO.121-A/1 BESID E 121-A JOURNALIST COLONY JUBILEE HILLS HYDERABAD. 3. CIT(APPEALS)-4 HYDERABAD. 4. PR.CIT-6 HYDERABAD. 5. D.R. ITAT HYDERABAD. 6. GUARD FILE.