DCIT, CHENNAI V. Arun Excello Homes Pvt Ltd., CHENNAI

ITA 937/CHNY/2017

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 8224 (ITAT-CHENNAI)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-01-2016
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: B
• Assessment Year: 2013-2014
• Appeal Filed On: 17-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : CHENNAI . , , BEFORE SHRI ABRAHAM P.GEORGE, ACCOUNTANT MEMBER AND SHRI GEORGE MATHAN, JUDICIAL MEMBER ./I.T.A. NO. 937/MDS/2017 ! / ASSESSMENT YEAR : 2013-2014 THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 1(1) CHENNAI 600 034. VS M/S. ARUN EXCELLO HOMES PVT. LIMITED, 18, BHATTAD TOWERS, WEST COTT ROAD, ROYAPETTAH, CHENNAI 600 014. [PAN AAGCA 6559H] ( / APPELLANT) ( /RESPONDENT) CORRIGENDUM IN TRIBUNALS ORDER DATED 6 TH DECEMBER, 2017, IN ITA NO.937/MDS/2017, ASSESSMENT YEAR 2013-14, FIRST PAR A APPEARS AS UNDER:- IN THIS APPEAL FILED BY THE REVENUE, IT IS AGGRI EVED THAT THE LD. COMMISSIONER OF INCOME TAX (APPEALS)-1 , CHENNAI THOUGH HIS ORDER DATED 10.02.2017 DELETED A PENALTY LEVIED BY THE LD. ASSESSING OFFICER U/S.271 (1) ( C) OF THE INCOME TAX ACT, 1961 (HEREIN AFTER REF ERRED TO AS THE ACT). ITA NO.937/MDS/2017. :- 2 -: THIS IS TO BE READ AS UNDER:- IN THIS APPEAL FILED BY THE REVENUE, IT IS AGGR IEVED THAT THE LD. COMMISSIONER OF INCOME TAX (APPEALS)-1 , CHENNAI THOUGH HIS ORDER DATED 10.02.2017 DELETED A DISALLOWANCE MADE BY THE LD. ASSESSING OFFICER U/S.40(A)(IA) OF THE INCOME TAX ACT, 1961 (IN SH ORT THE ACT) FOR THE IMPUGNED ASSESSMENT YEAR. DATED THIS THE 12 TH DAY OF JANUARY, 2018. SD/- SD/- ( ) (GEORGE MATHAN) /JUDICIAL MEMBER ( ,-. . /0/1 ) (ABRAHAM P. GEORGE) 2 345 /ACCOUNTANT MEMBER #$ / CHENNAI % / DATED: 12.01.2018. KV & ' ()* + ,+!) / COPY TO: 1. - / APPELLANT 3. . /) ( ) / CIT(A) 5. +23 ()4 / DR 2. (5- / RESPONDENT 4. . /) / CIT 6. 36 7$ / GF