K.THANIKACHALAM,CHENNAI vs. ACIT, CHENNAI
In the result, the appeals of the assessee in ITA No
ITA 2629/CHNY/2014[2010-11]Status: DisposedITAT Chennai22 Feb 2017AY 2010-11
Bench: Shri N.R.S. Ganesan & Shri D.S. Sunder Singhआयकरअपीलसं./Ita Nos.2628 & 2629/Mds/2014 िनधा"रणवष" / Assessment Years : 2008-09&2010-11 Shri K. Thanikachalam, The Asstt. Commissioner Of C/O. S. Sridhar, V. Income Tax, Advocate, Business Circle - Ii, New No.14, Old No.82, Flat No.5, Chennai. 1St Avenue, Indira Nagar, Adyar, Chennai – 600 020. [Pan: Aaept 1404 B] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ"क"ओरसे/Appellant By : Shri S. Sridhar, Advocate ""यथ"क"ओरसे/Respondent By : Shri Shiva Srinivas, Jcit सुनवाईक"तारीख/Date Of Hearing : 12.01.2017 घोषणाक"तारीख/Date Of Pronouncement : 22.02.2017 आदेश आदेश /O R D E R आदेश आदेश Per D.S. Sunder Singh:
For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri Shiva Srinivas, JCIT
Section 143(1)Section 143(3)Section 147Section 148
business income,
but not as property income. The Assessing Officer relied on the
decision of the Hon’ble jurisdictional High Court in the case of
CIT v. Chennai Properties & Investment Ltd. [2004] 135 Taxman 509
(Mad.) and taxed the income as income from house
