M/s. Madras Cements Ltd., CHENNAI V. Additional CIT, Virudhunagar

ITA 1344/CHNY/2011

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 61319 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-07-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 24-07-2012
• Assessment Year: 2006-2007
• Appeal Filed On: 22-07-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ANIRUDH RAI IRS
• Assessee Lawyers: V JAGADISAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, CHENNAI BEFORE DR. O.K. NARAYANAN, VICE-PRESIDENT, AND SHRI VIKAS AWASTHY, JUDICIAL MEMBER ITA NO.1344/MDS/2011 (ASSESSMENT YEAR: 2006-07) M/S. MADRAS CEMENTS LTD., V.JAGADISAN, C.A., 245, TTK ROAD, RESIDENCY APARTMENTS, ALWARPET, CHENNAI-600 018. PAN:AABCM8375L VS. ADDITIONAL COMMISSIONER OF INCOME TAX, VIRUDHUNAGAR RANGE, VIRUDHUNAGAR. (APPELLANT) (RESPONDENT) APPELLANT BY : MR. V.JAGADISAN, C.A., RESPONDENT BY : MR. ANIR UDH RAI, IRS, CIT DR DATE OF HEARING : 24 TH JULY, 2012 DATE OF PRONOUNCEMENT : 24 TH JULY 2012 O R D E R PER VIKAS AWASTHY, JUDICIAL MEMBER: THE APPEAL HAS BEEN FILED BY THE ASSESSEE IMPUGNI NG THE ORDER OF THE CIT(A)-II, MADURAI DATED 27.05.201 1. 2. THE ASSESSING OFFICER VIDE ASSESSMENT ORDER DAT ED 30.12.2008 RELEVANT TO THE ASSESSMENT YEAR 2006-07 HAD MADE CERTAIN ADDITIONS/DISALLOWANCES IN THE RETURN OF INCOME FILED BY THE ASSESSEE. AGGRIEVED AGAINST THE ASSESS MENT ORDER, THE ASSESSEE PREFERRED AN APPEAL BEFORE THE CIT(A). ITA NO. 1344/M DS/2011 2 THE CIT(A) PARTLY ALLOWED THE APPEAL OF THE ASSESSE E VIDE ORDER DATED 27.5.2011. STILL AGGRIEVED, THE ASSESS EE HAS COME IN SECOND APPEAL BEFORE THE TRIBUNAL ASSAILING THE ORDER OF THE CIT(A). 3. AT THE OUTSET, THE AUTHORIZED REPRESENTATIVE FOR THE ASSESSEE SUBMITTED THAT HE IS NOT PRESSING THE APPE AL, THEREFORE, THE SAME MAY BE DISMISSED AS NOT PRESSED . 4. IN VIEW OF THE STATEMENT MADE BY THE A.R. APPEAR ING ON BEHALF OF THE ASSESSEE, THE APPEAL IS DISMISSED AS NOT PRESSED. ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF HEARING ON TUESDAY, THE 24 TH DAY OF JULY, 2012 AT CHENNAI. SD/- SD/- (DR. O.K.NARAYANAN) (VIKAS AWASTHY) VICE PRESIDENT JUDICIAL MEMBER CHENNAI, DATED THE 24 TH JULY, 2012. SOMU COPY TO: (1) APPELLANT (4) CIT(A) (2) RESPONDENT (5) D.R. (3) CIT (6) G.F.