The Commissioner Of Income Tax, Hyd v. Sri. K. S. V. Raja, W.G.Dist

THE HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY AND THE HON'BLE SRI JUSTICE T.AMARNATH GOUD I.T.T.A.No.704 of 2017 Date: 22.11.2017 Between:

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

Appellant And Sri K.S.V.Raja, 16-12-18, Main Road, Narasapuram, West Godavari district, Andhra Pradesh ...

Respondent Counsel for the Appellant :

Mr. J.V.Prasad, Senior Standing Counsel for Income Tax Department Counsel for the Respondents :

---- The Court made the following:

CVNR,J & TA, J I.T.T.A.No.704 of 2017 Date: 22.11.2017 Judgment: (Per the Hon'ble Sri Justice C.V.Nagarjuna Reddy) This appeal by revenue is directed against common order dated 31.08.2009, to the extent it pertains to I.T.A.No.391/Vizag/2008 on the file of the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnam.

2.

At the hearing, Mr.J.V.Prasad, learned Senior Standing Counsel for the Income Tax Department, submitted that since the value of the appeal is below monetary limit of Rs.20 lakhs, as prescribed under Circular No.21/2015 dated 10.12.2015, of the Central Board of Direct Taxes, the appeal is liable to be dismissed. 3.

In the light of the above submission, the appeal is dismissed. ______________________ (C.V.Nagarjuna Reddy, J) _____________________ (T.Amarnath Goud, J) Date: 22nd November, 2017 msb