ACIT, CHENNAI V. Smt. Geetha Shivakumar, CHENNAI

ITA 805/CHNY/2012

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 64128 (ITAT-CHENNAI)
• Duration Of Justice: 3 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-08-2012
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 01-08-2012
• Assessment Year: 2001-2002
• Appeal Filed On: 12-04-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: K RAJAGOPA L IRS
• Assessee Lawyers: DR ANITA SUMANTH
• Section: 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, CHENNAI BEFORE DR. O.K.NARAYANAN, VICE-PRESIDENT AND SHRI V.DURGA RAO, JUDICIAL MEMBER ITA NOS.804 & 805(MDS)/2012 ASSESSMENT YEARS : 2000-01 & 2001-02 THE ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE I(3), CHENNAI. VS. SMT.GEETHA SHIVAKUMAR, 68, THAMBIAH ROAD, WEST MAMBALAM, CHENNAI-600 033. PAN AANPG0061Q. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI K.RAJAGOPAL , IRS, JCIT RESPONDENT BY : DR. ANITA SUMANTH, ADVOCATE DATE OF HEARING : 1 ST AUGUST, 2012 DATE OF PRONOUNCEMENT : 1 ST AUGUST, 2012 O R D E R PER DR.O.K.NARAYANAN, VICE-PRESIDENT: THESE TWO APPEALS ARE FILED BY THE REVENUE. THE RELEVANT ASSESSMENT YEARS ARE 2000-01 AND 2001-02. THE APPEALS ARE DIRECTED AGAINST THE COMMON ORDER PASSE D BY THE COMMISSIONER OF INCOME-TAX(APPEALS)-I AT CHENNAI, O N 31-1-2012. THE APPEALS ARISE OUT OF THE ASSESSMENT S COMPLETED - - ITA 804 & 805 OF 2012 2 UNDER SECTION 143(3), READ WITH SECTIONS 153A, 153C AND 254 OF THE INCOME-TAX ACT, 1961. 2. THE COMMON GROUND RAISED BY THE REVENUE IN THESE APPEALS IS THAT THE COMMISSIONER OF INCOME-TA X(APPEALS) HAS ERRED IN DELETING THE ADDITION TOWARDS DEPOSITS IN M/S.VALLIAMMAI SOCIETY AND THE INTEREST THEREON. 3. THESE ISSUES WERE CONSIDERED BY THE INCOME-TAX APPELLATE TRIBUNAL, CHENNAI BENCH IN THE CONNECTED CASES IN ITA NOS.1271 TO 1276(MDS)/2008 AND THE TRIBUNAL VID E ORDER DATED 22-5-2009 HAS HELD THAT THE ADDITIONS WERE NO T JUSTIFIED. IN VIEW OF THE ABOVE ORDER OF THE TRIBUNAL, WE FIND TH AT THE GROUNDS RAISED BY THE REVENUE IN THESE TWO APPEALS SHOULD F AIL. ACCORDINGLY, THESE TWO APPEALS ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF HEARING ON WEDNESDAY, THE 1 ST OF AUGUST, 2012 AT CHENNAI. SD/- SD/- (V.DURGA RAO) (DR. O.K.NARAYANAN) JUDICIAL MEMBER VICE-PRESIDENT CHENNAI, DATED THE 1 ST AUGUST, 2012. V.A.P. COPY TO: APPELLANT/RESPONDENT/CIT/ CIT(A)/DR/GF