K.P.Ramnath, Trichy V. ACIT, Trichy

CO 29/CHNY/2006

• Counselvise Citation: [2011] 122 COUNSELVISE.COM (IT) 6111 (ITAT-CHENNAI)
• Duration Of Justice: 5 year(s) 4 month(s) 19 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 23-06-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 23-06-2011
• Assessment Year: 2001-2002
• Appeal Filed On: 03-02-2006
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R VISWANATHAN
• Assessee Lawyers: S SRIDHAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BENCH C CHENNAI BEFORE DR.O.K.NARAYANAN, VICE PRESIDENT AND SHRI HARI OM MARATHA, JUDICIAL MEMBER C.O.NO.29/MDS/2006 (IN I.T.A. NO. 2088/MDS/2004) ASSESSMENT YEAR : 2001-02 SHRI K.P.RAMNATH, 25, RAJA COLONY, 1 ST FLOOR, CANTONMENT, TIRHY-620 006. VS. THE ASST. COMMISSIONER OF INCOME-TAX, CIRCLE-II, TRICHY. (CROSS-OBJECTOR) (APPELLANT IN APPEAL) CROSS-OBJECTOR BY : SHRI S. SRIDHAR, ADVOCATE RESPONDENT BY : SHRI R. VISWANATHAN, JCIT O R D E R PER DR.O.K.NARAYANAN , VP THIS CROSS-OBJECTION IS FILED BY THE ASSESSEE. THE RELEVANT ASSESSMENT YEAR IS 2001-02. THE CROSS-OBJECTION IS FILED IN THE CONTEXT OF THE APPEAL FILED BY THE REVENUE IN ITA NO.2088/MDS/2004. THE SAID APPEAL IS FILED BY THE REVENUE, AND THE SAME HAS BEEN DISMISSED BY THE TRIBUNAL, CHENNA I C BENCH CO 29/0 6 :- 2 -: THROUGH ITS COMMON ORDER DATED 10.2.2006 PASSED IN 1986/MDS/2005 AND OTHERS. 2. IN THE CIRCUMSTANCES, THIS CROSS-OBJECTION FILED BY THE ASSESSEE IS DISMISSED AS INFRUCTUOUS. ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF HEARING ON THURSDAY, THE 23 RD OF JUNE, 2011 AT CHENNAI. SD/- SD/- (HARI OM MARATHA) JUDICIAL MEMBER ( DR.O.K.NARAYANAN) VICE-PRESIDENT CHENNAI : 23 RD JUNE, 2011 MPO* COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR