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Income Tax Appellate Tribunal - Hyderabad

Maithili Aditya Transports (Presently ... vs Jcit, Karimnagar, Karimnagar on 28 February, 2018

        THE INCOME TAX APPELLATE TRIBUNAL
         HYDERABAD BENCH "B", HYDERABAD
    BEFORE SMT P. MADHAVI DEVI, JUDICIAL MEMBER
    AND SHRI B. RAMAKOTAIAH, ACCOUNTANT MEMBER
                  ITA No.402/Hyd/2015
                Assessment Year: 2009-10
                           &
                 ITA NO. 403/Hyd/2015
                Assessment Year: 2010-11

M/s Maithali Shipping &       vs.   Asst. CIT, Circle - 1,
Logistics Pvt Ltd., (Formerly       Karimnagar.
known as M/s Maithali
Aditya Transports Pvt.,
Ltd.,), Hyderabad.

PAN - AAOFM2042C


        (Appellant)                        (Respondent)
                Assessee by :       Shri A.V. Raghuram
                Revenue by :        Smt. N. Swapna

            Date of hearing   :     28-02-2018
    Date of pronouncement      :    28-02-2018

                          ORDER
PER P. MADHAVI DEVI, J.M.:

Both are assessee's appeals for the A.Y 2009-10 and 2010-11 respectively. On one of the occasions when the case came up for hearing, it was noticed by the Bench that the assessee was a firm which got converted into a private limited company even before an appeal was filed by the assessee before the CIT(A), but that the CIT(A) has passed the order in the name of the firm. The Tribunal had 3 ITA No. 402 & 403 Hyd/2015 M/s Maithali Shipping & Logistics Pvt Ltd., Hyderabad. and complete the assessment de-novo in accordance with law, after giving the assessee a fair opportunity of hearing. Accordingly, the appeals are treated as allowed for statistical purposes.

2. In the result, the assessee's appeals for both the assessment years are treated as allowed for statistical purposes.

Pronounced in the open court on 28th February, 2018.

                    Sd/-                                          Sd/-
           (B. RAMAKOTAIAH)                          (P. MADHAVI DEVI)
          ACCOUNTANT MEMBER                          JUDICIAL MEMBER

Hyderabad, Dated: 28 th February, 2018 KRK 1 Shri A.V Raghu Ram, Adv, Flat No. 610, 6th Floor, Babukhan Estate, Basheerbagh, Hyderabad - 500 001. 2 Asst Director of Income tax, Circle-1, Karimnagar. 3 CIT(A)-2, Hyderabad 4 CIT-2, Hyderabad.

5 The DR, ITAT Hyderabad 6 Guard File