IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, CHENNAI [BEFORE DR. O.K. NARAYANAN, VICE-PRESIDENT AND SHRI HARI OM MARATHA, JUDICIAL MEMBER] I.T.A NO. 544/MDS/2010 (ASSESSMENT YEAR : 2004-05 ) EAST COAST CONSTRUCTIONS & INDUSTRIES LTD NO.4, MOORES ROAD CHENNAI 600 006 VS THE DY. CIT COMPANY CIRCLE II(1) CHENNAI [PAN AAACE1662P] (APPELLANT) (RESPONDENT) APPELLANT BY : DR.ANITA SUMANTH, ADVOCATE & SMT. SUMITRA RAVICHANDRAN, CA RESPONDENT BY : DR.I.VIJAYAKUMAR, CIT/DR DATE OF HEARING : 20.7.2011 DATE OF PRONOUNCEMENT : 13.9.2011 O R D E R PER HARI OM MARATHA, JUDICIAL MEMBER: THIS APPEAL OF THE ASSESSEE, FOR ASSESSMENT YEAR 2004-05, IS DIRECTED AGAINST THE ORDER OF THE LD. CIT(A)-III, C HENNAI, DATED 11.2.2010. 2. BRIEFLY STATED, THE FACTS OF THE CASE ARE THAT THE ASSESSEE IS A COMPANY ENGAGED IN THE BUSINESS OF CIVIL ENGINEER S AND CONTRACTORS.