Nalli Trust, CHENNAI V. ACIT Non Corporate Circle 1(1), CHENNAI

CO 41/CHNY/2018

• Counselvise Citation: [2018] 123 COUNSELVISE.COM (IT) 4093 (ITAT-CHENNAI)
• Duration Of Justice: 3 month(s) 12 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 09-08-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2008-2009
• Appeal Filed On: 27-04-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SRINIVASA RAO VANA
• Assessee Lawyers: N DEVANATHAN

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, B BENCH : CHENNAI . , !' # $! # % . &' , ) + , [ BEFORE SHRI ABRAHAM P. GEORGE, ACCOUNTANT MEMBER AND SHRI DUVVURU RL REDDY , JUDICIAL MEMBER ] C.O.NOS.41 & 42/CHNY/2018 (IN ./I.T.A. NOS.2543 & 2544/CHNY/2017) / ASSESSMENT YEARS : 2008-09 & 2013-2014 M/S. NALLI TRUST, NO.9, NAGESWARAN ROAD, T. NAGAR, CHENNAI 600 017 VS. THE ASSISTANT COMMISSIONER OF INCOME TAX, NON CORPORATE CIRCLE 1(1) CHENNAI. [PAN AAATN 0028K] ( -. / APPELLANT) ( /0-. /RESPONDENT) / APPELLANT BY : SHRI. N. DEVANATHAN, ADVOCATE /RESPONDENT BY : SHRI SRINIVASA RAO VANA, JCIT. /DATE OF HEARING : 09-08-2018 ! /DATE OF PRONOUNCEMENT : 09-08-2018 1 / O R D E R PER ABRAHAM P. GEORGE, ACCOUNTANT MEMBER WHEN THESE CROSS OBJECTIONS WERE CALLED FOR HEARI NG, LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT REVENUE APPEALS AG AINST WHICH THESE CROSS OBJECTIONS WERE FILED BY THE ASSESSEE WERE DISPOSE D OFF BY THIS TRIBUNAL THROUGH ITS ORDER DATED 7 TH MAY, 2018 IN ITA NOS.2543 & 2544/CHNY/2017. SINCE THIS TRIBUNAL HAD DISMISSED THE APPEALS OF TH E REVENUE, LD. CO 41 & 42/2018 :- 2 -: AUTHORISED REPRESENTATIVE SUBMITTED THAT HE WAS WITHDRAWING THE CROSS OBJECTIONS. NECESSARY NOTING WERE MADE IN THE FILE . 2. IN THE RESULT, CROSS OBJECTIONS FILED BY THE ASSESS EE ARE DISMISSED. ORDER PRONOUNCED ON THURSDAY, THE 9TH DAY OF AUGUST , 2018, AT CHENNAI. SD/- SD/- ( # $! # % . &' ) ( DUVVURU RL REDDY ) ) / JUDICIAL MEMBER ( . ) (ABRAHAM P. GEORGE) / ACCOUNTANT MEMBER '# / CHENNAI $% / DATED: 9TH AUGUST, 2018. KV %& '()( / COPY TO: 1 . / APPELLANT 3. *+, / CIT(A) 5. (-. / / DR 2. / RESPONDENT 4. * / CIT 6. .01 / GF