SESHANK MAHADEV,CHENNAI vs. DEPUTY DIRECTOR OF INCOME TAX, CPC BENGALURU
In the result, the appeal filed by the assessee is allowed
ITA 2274/CHNY/2025[2024-25]Status: DisposedITAT Chennai24 Oct 2025AY 2024-25
Bench: Shri M. Balaganesh & Shri S.S. Viswanethra Raviआयकर अपील सं./I.T.A. No.2274/Chny/2025 िनधा"रण वष"/Assessment Year: 2024-25 Seshank Mahadev, Vs. The Income Tax Officer, Ak 27, Tas Enclave, E2, Golden King Corporate Ward 3(1), Villa Apartments, Anna Nagar, Chennai. Chennai 600 040. [Pan:Olwps5532Q] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri Varadharajan, F/O Of Assessee ""थ" की ओर से/Respondent By : Shri C.P. Solomon, Jcit सुनवाई की तारीख/ Date Of Hearing : 22.10.2025 घोषणा की तारीख /Date Of Pronouncement : 24.10.2025 आदेश /O R D E R Per S.S. Viswanethra Ravi: This Appeal Filed By The Assessee Is Directed Against The Order Dated 02.06.2025 Passed By The Addl./Jcit(A), Indore For The Assessment Year 2024-25. 2. At The Outset, We Note That The Cpc Denied The Rebate Claimed By The Assessee Under Section 87A Of The Income Tax Act, 1961 [“Act” In Short] Vide Intimation Order Under Section 143(1) Of The Act Dated 12.11.2024. Against The Intimation Order, The Assessee Preferred An 2
For Appellant: Shri Varadharajan, F/o of assesseeFor Respondent: Shri C.P. Solomon, JCIT
Section 111ASection 112ASection 115BSection 143(1)Section 250Section 3Section 87A
capital gains under section 112A of the Act is only ₹.91,172/-, which is not in dispute by the ld. DR and we hold
