KRIPAKARAN R T,CHENNAI V. DCIT, TAMBARAM

SA 102/CHNY/2025

AI Insights

The case involves a stay petition filed by Shri Kripakaran R T against an outstanding demand of Rs.1,70,95,469 for the assessment year 2017-18. The assessee, who is a stamp vendor, argued that all amounts received from customers and deposited in the bank were assessed as unexplained income. The Departmental Representative did not object to the early hearing of the case. The Tribunal decided to grant an early hearing and stay the recovery proceedings until the date of the hearing.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 781129 (ITAT-CHENNAI)
• Duration Of Justice: 3 day(s)
• Appeal Type: Stay Application
• Pronouncement Date: 24-10-2025
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: B
• Assessment Year: misc
• Appeal Filed On: 21-10-2025
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: A.T.KRISHNAMOORTHY
• Keywords: Recovery proceedings
• Section: 2

Judgement Text

"आयकर अपीलȣय अͬधकरण,‘ बी’ Ûयायपीठ, चेÛनई IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH, CHENNAI Įी जॉज[ जॉज[ क े, उपाÚय¢ एवं Įी जगदȣश, लेखा सदèय क े सम¢ BEFORE SHRI GEORGE GEORGE K, VICE PRESIDENT AND SHRI JAGADISH, ACCOUNTANT MEMBER SA No.102/CHNY/2025 [in ITA No.2629/CHNY/2025] िनधाªरण वषª / Assessment Year : 2017-18 Shri Kripakaran R T, Plot No.3A, M.R. Nagar, 4th Street, Nanmangalam, Chennai – 600 129. PAN: AFFPR 9083L Vs. The Income Tax Officer, Non-Corporate Circe 22(1), Tambaram, Chennai (ᮧाथᭅक / Petitioner) (ᮧ᭜यथᱮ/Respondent) ᮧाथᭅक कᳱ ओर से/Petitioner by : Shri R.K. Kripakaran, Assessee ᮧ᭜यथᱮ कᳱ ओर से/Respondent by : Shri A.T. Krishnamoorthy, JCIT सुनवाई कᳱ तारीख/Date of Hearing : 24.10.2025 घोषणा कᳱ तारीख/Date of Pronouncement : 24.10.2025 आदेश /O R D E R PER GEORGE GEORGE K, VICE PRESIDENT: The assessee has filed this stay petition requesting for stay of outstanding demand of Rs.1,70,95,469/- for the assessment year 2017-18. 2. The assessee (party in person) argued the stay petition. It was submitted that he is a stamp vendor and the entire amounts received from the customers which has been deposited in the bank Printed from counselvise.com - 2 - SA No.102/CHNY/2025 account has been assessed as unexplained income. Therefore, the assessee requested for grant of stay. 3. The Ld.DR did not have any objection for early hearing of the case. 4. We have heard rival submissions and perused the material on record. We grant early hearing and fix the appeal for hearing on 27.10.2025. Till the date of hearing of appeal on 27.10.2025, there shall be stay of recovery proceedings by the Revenue. We also make it clear that the assessee should not seek adjournment on the date of hearing. In case, the Revenue seeks adjournment, the entire amount will be stayed automatically. 5. Since the date of hearing is mentioned in the stay order, the registry may desist from sending notice of hearing to the parties, i.e., this order should also be construed as notice of hearing. 6. In the result, the stay petition filed by the assessee is allowed. Order pronounced in the open court on 24th October, 2025 at Chennai. Sd/- Sd/- (जगदȣश) (JAGADISH) लेखा सदèय/ACCOUNTANT MEMBER (जॉज[ जॉज[ क े) (GEORGE GEORGE K) उपाÚय¢ /VICE PRESIDENT चेÛनई/Chennai, Ǒदनांक/Dated, the 24th October, 2025 RSR Printed from counselvise.com - 3 - SA No.102/CHNY/2025 आदेश कȧ ĤǓतͧलͪप अĒेͪषत/Copy to: 1. ᮧाथᭅक / Petitioner 2. ᮧ᭜यथᱮ/Respondent 3. आयकर आयुÈत /CIT, Chennai 4. ͪवभागीय ĤǓतǓनͬध/DR 5. गाड[ फाईल/GF. Printed from counselvise.com "