GKS Housing Ltd., Gurgaon V. ITO, CHENNAI

ITA 878/CHNY/2011

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 57815 (ITAT-CHENNAI)
• Duration Of Justice: 7 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-01-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 10-01-2012
• Assessment Year: 2006-2007
• Appeal Filed On: 12-05-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, CHENNAI BEFORE DR. O.K. NARAYANAN, VICE-PRESIDENT AND SHRI HARI OM MARATHA, JUDICIAL MEMBER I.T.A.NO. 878/MDS/2011 (ASSESSMENT YEAR : 2006-07) GKS HOUSING LTD., [SINCE AMALGAMATED WITH DLF INFOCITY DEVELOPERS (CHENNAI) LTD.] 3 RD FLOOR, SHOPPING MALL COMPLEX, ARJUN MARG, DLF CITY, PHASE-I, GURGAON 122001. PAN AAACG 3046 R VS. THE INCOME-TAX OFFICER, COMPANY WARD-11(I), CHENNAI. (APPELLANT) (RESPONDENT) APPELLANT BY : NONE RESPONDENT BY : SHRI ANIRUDH RAI, IRS COMMISSIONER OF INCOME-TAX DATE OF HEARING : 10 TH JANUARY, 2012 DATE OF PRONOUNCEMENT : 10 TH JANUARY, 2012 O R D E R PER DR. O.K. NARAYANAN, VICE-PRESIDENT THIS APPEAL IS FILED BY THE ASSESSEE. THE RELEVANT ASSESSMENT YEAR IS 2006-07. THE APPEAL ARISES OUT OF THE ITA 878/11 :- 2 -: REVISION ORDER PASSED BY THE COMMISSIONER OF INCOME -TAXI AT CHENNAI UNDER SEC.263 OF THE INCOME-TAX ACT, 1961 O N 10.3.2011. 2. THIS APPEAL IS DISMISSED IN LIMINE AS NOT PRESSED, AS PRAYED FOR BY THE ASSESSEE. ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF H EARING ON TUESDAY, THE 10 TH OF JANUARY, 2012 AT CHENNAI. SD/- SD/- (HARI OM MARATHA) (DR.O.K.NARAYANAN) JUDICIAL MEMBER VICE-PRESIDENT CHENNAI, DATED THE 10 TH JANUARY, 2012 MPO* COPY TO : APPELLANT/RESPONDENT/CIT/CIT(A)/DR