The Commissioner Of Income Tax (Central) v. K.V.Srinivasa Rao

THE HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY AND THE HON'BLE SRI JUSTICE CHALLA KODANDA RAM I.T.T.A.No. 627 OF 2017 DATED 08TH NOVEMBER, 2017 Between:

The Commissioner of Income Tax (Central), Hyderabad ...

Appellant AND K.V.Srinivasa Rao ...

Respondent Counsel for the appellant :

Sri J.V.Prasad Counsel for the respondent :

-- THE COURT MADE THE FOLLOWING

CVNR, J. & CKR, J.

itta_627_2017 JUDGMENT: (per Hon'ble Sri Justice C.V.Nagarjuna Reddy) This appeal is filed against order dated 31-08-2009 in I.T.A.No. 426/Vizag/2008 on the file of the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnam.

2.

At the hearing, Smt. M.Kiranmayee, learned senior standing counsel, representing Sri J.V.Prasad, learned senior standing counsel for Income Tax Department, submitted that the value of this appeal falls below the monetary limit prescribed in Circular No. 21 of 2015 dated 10-12-2015 issued by the Central Board of Direct Taxes. 3.

In the light of the above fact, this appeal is dismissed as not pressed.

___________________________ C.V.NAGARJUNA REDDY, J.

___________________________ CHALLA KODANDA RAM, J.

Date: 08-11-20-17.

JSK