DEVARAYA PILLAI SUBRAMANIAN,SALEM vs. ITO, WARD-1(1), SALEM
In the result, appeal filed by the assessee is allowed
ITA 561/CHNY/2025[2017-18]Status: DisposedITAT Chennai04 Sept 2025AY 2017-18
Bench: Shri George George K & Shri S.R.Raghunathaआयकर अपील सं./Ita No.: 561/Chny/2025 धनिाजरण वर्ज / Assessment Year:2017-18 Devaraya Pillai Subramanian, Ito 58A, Sathyamoorthy Street, Vs. Ward – 1(1), Salem – 636 001. Salem. Tamil Nadu. [Pan: Aijps-3267-J] (अपीलाथी/Appellant) (प्रत्यथी/Respondent) अपीलाथीकीओरसे/Appellant By : Mr. N. Arjun Raj, Advocate प्रत्यथीकीओरसे/Respondent By : Ms. Sita Krishnamoorthy, Jcit
For Appellant: Mr. N. Arjun Raj, AdvocateFor Respondent: Ms. Sita Krishnamoorthy, JCIT
Section 56(2)(viii)
bringing to tax 50%
(Rs.22,46,610/-) of interest on enhanced compensation (Rs.44,93,229/-) as income of the assessee by invoking the Section 56(2)(viiii) r.w.s
145B(i).
7. The assessee being aggrieved by the said assessment, had challenged the same in filing appeal before
