DCIT, Hyderabad v. M/s Sree Vensai Projects Ltd, Hyderabad

ITA 968/HYD/2009 | 2006-2007
Pronouncement Date: 28-07-2011 | Result: Dismissed

Appeal Details

RSA Number 96822514 RSA 2009
Assessee PAN AAFCS8312P
Bench Hyderabad
Appeal Number ITA 968/HYD/2009
Duration Of Justice 1 year(s) 11 month(s)
Appellant DCIT, Hyderabad
Respondent M/s Sree Vensai Projects Ltd, Hyderabad
Appeal Type Income Tax Appeal
Pronouncement Date 28-07-2011
Appeal Filed By Department
Order Result Dismissed
Bench Allotted B
Tribunal Order Date 28-07-2011
Date Of Final Hearing 26-04-2011
Next Hearing Date 26-04-2011
Assessment Year 2006-2007
Appeal Filed On 27-08-2009
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B HYDERABAD BEFORE SHRI G.C. GUPTA VICE PRESIDENT AND SHRI CHANDRA POOJARI ACCOUNTANT MEMBER ITA.968/HYD/2009 ASSESSMENT YEAR 2006-07 THE DY. COMMISSIONER OF INCOME TAX CIRCLE 3(2) HYDERABAD VS M/S SREE VENSAI PROJECTS LTD. HYDERABAD PAN AAFCS 8312 P (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI B.V. PRASAD REDDY RESPONDENT BY : SHRI A.V. RAGHU RAM O R D E R PER CHANDRA POOJARI A.M. THIS APPEAL PREFERRED BY THE REVENUE IS DIRECTED AGAINST THE ORDER PASSED BY THE CIT(A) IV DATED 29 .5.2009 AND PERTAINS TO THE ASSESSMENT YEAR 2006-07. 2. WE HAVE HEARD BOTH THE PARTIES AND PERUSED THE MATERIALS AVAILABLE ON RECORD. IT IS UNDISPUTED FA CT THAT THE TAX EFFECT IN THIS APPEAL IS LESS THAN RS.3 LAK HS. IN VIEW OF THE INSTRUCTION NO.3 OF 2011 (F.NO.279/MISC.142/2007/ITJ) DATED 9 TH FEBRUARY 2011 ISSUED BY THE CBDT THE PRESENT APPEAL INVOLVING TAX EFFECT OF LESS THAN RS.3 LAKHS IS NOT MAINTAINA BLE AND ACCORDINGLY THIS APPEAL OF THE REVENUE IS DISMISSED . 3. IN THE RESULT THE APPEAL FILED BY THE REV ENUE IS DISMISSED IN LIMINE AS UN-ADMITTED. ITA NO.968/HYD./2009 M/S SREE VENSAI PROJECTS HYDERABAD 2 2 ORDER PRONOUNCED IN THE OPEN COURT ON 28.7.2011 SD/- G.C. GUPTA SD/- CHANDRA POOJARI VICE PRESIDENT ACCOUNTANT MEMBER DATED THE 28 TH JULY 2011 COPY FORWARDED TO: 1. THE DY. COMMISSIONER OF INCOME TAX CIRCLE 3(2) HYDERABAD 2. M/S SREE VENSAI PROJECTS LTD. 3 RD FLOOR AISHWARYA TOWERS OPP. NTR STADIUM INDIRA PARK ROAD HYDERABAD. 3. 4 5. THE CIT(A)-IV HYDERABAD THE CIT HYDERABAD THE DR ITAT HYDERABAD. NP/-