The Lakshmi Vilas Bank Limited, Karur V. DCIT, Trichy

MA 142/CHNY/2010

• Counselvise Citation: [2010] 123 COUNSELVISE.COM (IT) 4873 (ITAT-CHENNAI)
• Duration Of Justice: 1 month(s) 19 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 13-08-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 1995-1996
• Appeal Filed On: 24-06-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: S SITTARAMAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL CHENNAI BENCH D : CHENNAI [BEFORE SHRI HARI OM MARATHA, JUDICIAL MEMBER AND SHRI ABRAHAM P GEORGE, ACCOUNTANT MEMBER] M.A.NO. 142/MDS/2010 [ARISING OUT OF M.A.NOS. 150 TO153/MDS/2006 I.T.A NOS.1406/MDS/99 & 631/MDS/2006 ] ASSESSMENT YEARS : 1995-96 AND 1996-97 THE LAKSHMI VILAS BANK LTD SALEM ROAD KATHAPARAI KARUR VS THE DY. CIT COMPANY CIRCLE I TIRUCHIRAPPALLI (APPLICANT) (RESPONDENT) APPLICANT BY : SHRI S.SITTARAMAN RESPONDENT BY : SHRI SHAJI P. JACOB O R D E R PER HARI OM MARATHA, JM: THIS MISCELLANEOUS APPLICATION HAS B EEN FILED BY THE ASSESSEE, AS ON THE SAME ISSUE THE M.P NOS.150 TO 1 53/MDS/2006 WAS DISMISSED BY THE TRIBUNAL VIDE ORDER DATED 10. 3.2006. 2. IN VIEW OF THE DECISION OF HON'BLE MADRAS HIG H COURT IN THE CASE OF DR. S. PANNEERSELVAM VS ACIT, 319 ITR 135, NO MISCELLANEOUS PETITION IN RESPECT OF SAME ISSUE IS PERMISSIBLE U/S 254(2) OF THE ACT. RESPECTFULLY FOLLOWING THE ABOV E DECISION, WE SUMMARILY DISMISS THIS MISCELLANEOUS APPLICATION. 3. IN THE RESULT, THE MISCELLANEOUS APPLICATION S TANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 13.8.20 10 SD/- SD/- ( ABRAHAM P GEORGE ) ACCOUNTANT MEMBER ( HARI OM MARATHA ) JUDICIAL MEMBER DATED: 13 TH AUGUST, 2010 RD COPY TO: APPLICANT/RESPONDENT/CIT(A)/CIT/DR