ACIT CENTRAL CIRCLE 2, COIMBATORE vs. S.MARTIN, COIMBATORE

In the result, all the three appeals filed by the Revenue are dismissed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.2382/Chny/2016 "नधा"रण वष" / Assessment Year : 2009-10 & आयकर अपील सं./Ita Nos.3146 & 3147/Chny/2017 "नधा"रण वष" / Assessment Years : 2015-16 The Assistant Commissioner Of Shri S. Martin, Income Tax, V. No.335-339, Daisy Plaza, 6Th Street, Gandhipuram, Central Circle -2, Income Tax Building, Race Course Road, Coimbatore – 641 011. Coimbatore – 641 018. Pan : Aewpm 3703 Q (अपीलाथ"/Appellant) (""यथ"/Respondent)

capital gain. The fact remains that the assessee retired from partnership firm and received a lump sum compensation from the firm. This was disclosed before the Assessing Officer. Therefore, there is no question of any concealment of income or furnishing inaccurate particulars of income. In those circumstances, this Tribunal is of the considered opinion that the judgment of Apex Court

ACIT CENTRAL CIRCLE 2, COIMBATORE vs. S.MARTIN, COIMBATORE

In the result, all the three appeals filed by the Revenue are dismissed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.2382/Chny/2016 "नधा"रण वष" / Assessment Year : 2009-10 & आयकर अपील सं./Ita Nos.3146 & 3147/Chny/2017 "नधा"रण वष" / Assessment Years : 2015-16 The Assistant Commissioner Of Shri S. Martin, Income Tax, V. No.335-339, Daisy Plaza, 6Th Street, Gandhipuram, Central Circle -2, Income Tax Building, Race Course Road, Coimbatore – 641 011. Coimbatore – 641 018. Pan : Aewpm 3703 Q (अपीलाथ"/Appellant) (""यथ"/Respondent)

capital gain. The fact remains that the assessee retired from partnership firm and received a lump sum compensation from the firm. This was disclosed before the Assessing Officer. Therefore, there is no question of any concealment of income or furnishing inaccurate particulars of income. In those circumstances, this Tribunal is of the considered opinion that the judgment of Apex Court

ACIT, CHENNAI vs. SHRI S. MARTIN, COIMBATORE

In the result, all the three appeals filed by the Revenue are dismissed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.2382/Chny/2016 "नधा"रण वष" / Assessment Year : 2009-10 & आयकर अपील सं./Ita Nos.3146 & 3147/Chny/2017 "नधा"रण वष" / Assessment Years : 2015-16 The Assistant Commissioner Of Shri S. Martin, Income Tax, V. No.335-339, Daisy Plaza, 6Th Street, Gandhipuram, Central Circle -2, Income Tax Building, Race Course Road, Coimbatore – 641 011. Coimbatore – 641 018. Pan : Aewpm 3703 Q (अपीलाथ"/Appellant) (""यथ"/Respondent)

capital gain. The fact remains that the assessee retired from partnership firm and received a lump sum compensation from the firm. This was disclosed before the Assessing Officer. Therefore, there is no question of any concealment of income or furnishing inaccurate particulars of income. In those circumstances, this Tribunal is of the considered opinion that the judgment of Apex Court

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

158B of the Act, which defines "undisclosed income" as including inter alia any income based on an "undisclosed income" as including inter alia any income based on an "undisclosed income" as including inter alia any income based on an entry in the books of accounts or other documents or transactions in the books of accounts or other documents or transactions

RADIANCE REALTY DEVELOPERS INDIA LIMITED,CHENNAI vs. DCIT CENTRAL CIRCLE 2(1), CHENNAI

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

capital gain should be fixed merely on the basis of the valuation\nto be made by the District Sub Registrar for the purpose of stamp duty.\nThe legislature has taken care to provide adequate machinery to give a\nfair treatment to the citizen/taxpayer. There is no reason why the\nmachinery provided by the legislature should not be used

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

capital gain should be fixed merely on the basis of the valuation\nto be made by the District Sub Registrar for the purpose of stamp duty.\nThe legislature has taken care to provide adequate machinery to give a\nfair treatment to the citizen/taxpayer. There is no reason why the\nmachinery provided by the legislature should not be used

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

capital gain should be fixed merely on the basis of the valuation\nto be made by the District Sub Registrar for the purpose of stamp duty.\nThe legislature has taken care to provide adequate machinery to give a\nfair treatment to the citizen/taxpayer. There is no reason why the\nmachinery provided by the legislature should not be used

RADIANCE REALTY DEVELOPERS INDIA LIMITED,CHENNAI vs. DCIT CENTRAL CIRCLE 2(1), CHENNAI

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

capital gain should be fixed merely on the basis of the valuation\nto be made by the District Sub Registrar for the purpose of stamp duty.\nThe legislature has taken care to provide adequate machinery to give a\nfair treatment to the citizen/taxpayer. There is no reason why the\nmachinery provided by the legislature should not be used

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\n(अपीलार्थी/Appellant)\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

capital gain should be fixed merely on the basis of the valuation\nto be made by the District Sub Registrar for the purpose of stamp duty.\nThe legislature has taken care to provide adequate machinery to give a\nfair treatment to the citizen/taxpayer. There is no reason why the\nmachinery provided by the legislature should not be used

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

capital gain should be fixed merely on the basis of the valuation\nto be made by the District Sub Registrar for the purpose of stamp duty.\nThe legislature has taken care to provide adequate machinery to give a\nfair treatment to the citizen/taxpayer. There is no reason why the\nmachinery provided by the legislature should not be used

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

capital gain should be fixed merely on the basis of the valuation\nto be made by the District Sub Registrar for the purpose of stamp duty.\nThe legislature has taken care to provide adequate machinery to give a\nfair treatment to the citizen/taxpayer. There is no reason why the\nmachinery provided by the legislature should not be used

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/A

capital gain should be fixed merely on the basis of the valuation\nto be made by the District Sub Registrar for the purpose of stamp duty.\nThe legislature has taken care to provide adequate machinery to give a\nfair treatment to the citizen/taxpayer. There is no reason why the\nmachinery provided by the legislature should not be used