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Income Tax Appellate Tribunal, VISAKHAPATNAM BENCH, VISAKHAPATNAM
Before: SHRI V. DURGA RAO, HON’BLE & SHRI D.S. SUNDER SINGH, HON’BLE
IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH, VISAKHAPATNAM BEFORE SHRI V. DURGA RAO, HON’BLE JUDICIAL MEMBER & SHRI D.S. SUNDER SINGH, HON’BLE ACCOUNTANT MEMBER ITA No. 455/VIZ/2018 (Asst. Year : 2008-09) ITO, Ward-1(3), vs. M/s. Panchajanya Estate, Guntur. D.No. 9-10-8, Kothapet, Guntur. PAN No. AAJFP 7786 K (Appellant) (Respondent)
Assessee by : None. Department By : Mrs. Suman Malik – Sr.DR
Date of hearing : 03/12/2018. Date of pronouncement : 07/12/2018. O R D E R PER V. DURGA RAO, JUDICIAL MEMBER
This appeal by the revenue is directed against the order of Commissioner of Income Tax (Appeals)-1, Guntur, dated 27/06/2018 for the Assessment Year 2008-09. 2. When this appeal is taken up for hearing, we noticed that the tax effect involved in this appeal is below Rs.20 lakhs and as per the latest CBDT Circular No.03/2018 dated 11.07.2018, the appeal filed by the revenue is not maintainable. Ld. Departmental Representative has not raised any objection. In view of the
2 ITA No.455/VIZ/2018 (M/s. Panchajanya Estate) above, this appeal filed by the revenue is not maintainable and is accordingly dismissed.
In the result, the appeal filed by the revenue is dismissed. Order Pronounced in open Court on this 07th day of Dec., 2018.
Sd/- sd/- (D.S. SUNDER SINGH) (V. DURGA RAO) Accountant Member Judicial Member Dated : 07/12/2018 vr/- Copy to: 1. The Assessee - M/s. Panchajanya Estate, D.No. 9-10-8, Kothapet, Guntur. 2. The Revenue – ITO, Ward-1(3), Guntur. 3. The Pr.CIT, Guntur. 4. The CIT(A)-1, Guntur. 5. The D.R., Visakhapatnam. 6. Guard file. By order
(VUKKEM RAMBABU) Sr. Private Secretary, ITAT, Visakhapatnam.