M/s. Narendra Properties Ltd., CHENNAI V. ACIT, CHENNAI

ITA 899/CHNY/2011

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 58017 (ITAT-CHENNAI)
• Duration Of Justice: 9 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-03-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 07-03-2012
• Assessment Year: 2006-2007
• Appeal Filed On: 16-05-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R B NAIK
• Assessee Lawyers: DR ANITA SUMANTH
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : CHENNAI [BEFORE SHRI N.S. SAINI, ACCOUNTANT MEMBER AND SHRI GEORGE MATHAN, JUDICIAL MEMBER] I.T.A.NO.899/MDS/2011 ASSESSMENT YEAR : 2006-07 M/S NARENDRA PROPERTIES LTD NO.2A, III FLOOR WELLINGTON ESTATE, 24-IN-C ROAD EGMORE CHENNAI 600 008 [PAN AAACN 6162H] VS THE ACIT COMPANY CIRCLE IV(4) CHENNAI (APPELLANT) (RESPONDENT) APPELLANT BY : DR. ANITA SUMANTH RESPONDENT BY : SHRI R.B.NAIK, CIT/DR DATE OF HEARING : 07-03-2012 DATE OF PRONOUNCEMENT : 07-03-2012 O R D E R PER N.S. SAINI, ACCOUNTANT MEMBER THIS IS AN APPEAL FILED BY THE AS SESSEE AGAINST THE ORDER OF THE LD. CIT III, CHENNAI, DATED 31.3.2011, PASS ED U/S 263 OF THE ACT. 2. DURING THE COURSE OF THE HEARING, THE LD. A.R OF THE ASSESSEE SUBMITTED THAT THE ASSESSING OFFICER HAS A LREADY PASSED ORDER IN PURSUANCE TO THE 263 ORDER UNDER APPEAL AN D THE ISSUE SET I.T.A.NO.899/11 :- 2 -: ASIDE VIDE ORDER UNDER APPEAL HAS BEEN DECIDED IN F AVOUR OF THE ASSESSEE IN THE FRESH ORDER ALSO. IN VIEW OF THE ABOVE SUBMISSION OF THE LD. A.R MADE AT BAR, THE APPEAL FILED BY THE A SSESSEE HAS BECOME INFRUCTUOUS AND ONLY ACADEMIC IN NATURE. WE, THERE FORE, REFRAIN FROM ADJUDICATING THE SAME AND THE APPEAL OF THE ASSESS EE IS DISPOSED OF ACCORDINGLY. 3. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED . ORDER PRONOUNCED IN THE OPEN COURT ON 7 TH MARCH, 2011. SD/- SD/- (GEORGE MATHAN) JUDICIAL MEMBER (N.S.SAINI) ACCOUNTANT MEMBER DATED: 7 TH MARCH, 2012 RD COPY TO: APPELLANT/RESPONDENT/CIT(A)/CIT/DR