M/s. C.Subba Reddy (HUF), CHENNAI V. DCIT, CHENNAI

CO 33/CHNY/2006

• Counselvise Citation: [2010] 122 COUNSELVISE.COM (IT) 4883 (ITAT-CHENNAI)
• Duration Of Justice: 4 year(s) 5 month(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 07-07-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 1997-1998
• Appeal Filed On: 07-02-2006
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: S SRIDHAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BENCH A CHENNAI BEFORE SHRI PRADEEP PARIKH, VICE PRESIDENT AND SHRI GEORGE MATHAN, JUDICIAL MEMBER .. C. O. NO. 33/MDS/2006 (IN I.T.A. NO. 2706/MDS/2005) ASSESSMENT YEAR : 1997-98 M/S. C. SUBBA REDDY (HUF), NO. 19/1, 3 RD CROSS STREET, RAJA ANNAMALAIPURAM, CHENNAI-28. VS. THE DY.COMMISSIONER OF INCOME-TAX, CENTRAL IV(3), CHENNAI. (PAN: ) (CROSS OBJECTOR) (RESPONDENT) CROSS OBJECTOR BY : SHRI S.SRIDHAR DEPARTMENT BY : SHRI SHAJI P. JACOB O R D E R PER GEORGE MATHAN, JUDICIAL MEMBER : THE CROSS OBJECTION BY THE ASSESSEE IS AGAINST THE APPEAL OF THE DEPARTMENT IN I.T.A. NO. 2706/MDS/2005 WHICH WAS AG AINST THE ORDER OF THE LEARNED CIT(A) HOLDING THAT THE REASSESSMENT WAS IN VALID AND VOID. AS PER THE RECORDS OF THE TRIBUNAL, THE APPEAL OF THE DEPARTME NT HAS BEEN DISPOSED OF ON 28-2-2007 WHEREBY THE ORDER OF THE CIT(A) HAS BEEN UPHELD. THE PRESENT CROSS C.O.NO.33/MDS/2006 2 OBJECTION IS MERELY IN SUPPORT OF THE ORDER OF THE CIT(A). NO OTHER ISSUE IS RAISED BY THE ASSESSEE. THEREFORE, IN VIEW OF THE FACT TH AT THE APPEAL OF THE DEPARTMENT HAS BEEN DISMISSED, THE CROSS OBJECTION IS RENDERED INFRUCTUOUS AND HENCE REJECTED. 2. IN THE RESULT, THE CROSS OBJECTION OF THE ASSESS EE IS DISMISSED AS INFRUCTUOUS. 3. THE ORDER WAS PRONOUNCED IN THE COURT ON 7 TH JULY, 2010. SD/- SD/- (PRADEEP PARIKH) (GEORGE MATHAN) VICE PRESIDENT JUDICIAL MEMBER CHENNAI, DATED THE 7 TH JULY, 2010. H. COPY TO: CROSS OBJECTOR/AO/CIT (A)/CIT/D.R./GUARD F ILE