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