THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA AND THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. No.263 of 2014
DATED:16.4.2014 Between:
Commissioner of Income Tax-IV, Hyderabad.
… Appellant And Bangari Yadaiah, Mahaboobnagar.
….Respondent THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA AND THE HON’BLE SRI JUSTICE SANJAY KUMAR I.T.T.A.No.263 of 2014
Judgment: (per the Hon’ble the Chief Justice Sri Kalyan Jyoti Sengupta)
The learned Tribunal has correctly dismissed the appeal as the tax effect in this case is less than Rs.10.00 lakhs and further it does not fall within the exceptional categories.
Though, the learned counsel for the appellant for the first time contends that it falls within the exceptional categories as the revenue audit objection in the case has been accepted by the department, this point was not taken before the learned Tribunal nor any material has been produced before us to support this contention.
Hence, this appeal is dismissed.
Consequently, the miscellaneous applications, if any pending, shall stand closed. No costs.
K.J. SENGUPTA, CJ SANJAY KUMAR, J 16th April, 2014 PNB