STAR HEALTH INVESTMENTS PRIVATE LIMITED,CHENNAI vs. ITO,CORPORATE WARD-6(3), CHENNAI
In the result, the appeal filed by the assessee is allowed
ITA 357/CHNY/2022[2015-16]Status: DisposedITAT Chennai15 Mar 2023AY 2015-16
Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.357/Chny/2022 िनधा"रण वष"/Assessment Year: 2015-16 Star Health Investments Vs. The Principal Commissioner Of Private Limited (Dissolved), Income Tax-3, Room No. 410, Main No. 10 & 11, 4Th Floor, Chennai Citi Building, Ivth Floor, 121, Mahatma Centre, Dr. Radhakrishnan Salai, Gandhi Road, Nungambakkam, Mylapore, Chennai 600 004, Chennai. Tamil Nadu. [Pan:Aajcs6207K] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri R. Venkata Raman, Ca & Shri V. Padmanabhan, Ca ""थ" की ओर से/Respondent By : Shri P. Mohan Reddy, Cit सुनवाई की तारीख/ Date Of Hearing : 09.02.2023 घोषणा की तारीख /Date Of Pronouncement : 15.03.2023 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Principal Commissioner Of Income Tax, Chennai – 3, Chennai Dated 31.03.2021 Relevant To The Assessment Year 2015-16 Passed Under Section 263 Of The Income Tax Act, 1961 [“Act” In Short].
For Appellant: Shri R. Venkata Raman, CA &For Respondent: Shri P. Mohan Reddy, CIT
Section 142(1)Section 143(2)Section 143(3)Section 263Section 56(2)(viib)
delay in filing the appeal is condoned and admitted for adjudication.
3. The grounds raised by the assessee are reproduced as under:
1. For that the revision order dated 31.03.2021 passed by the Principal
Commissioner of Income Tax – 3, Chennai under section 263 of the Income- tax Act, 1961, is without jurisdiction, barred by limitation and is opposed
