PROTECTRON ELECTROMECH PRIVATE LIMITED,CHENNAI vs. DCIT, CHENNAI
In the result, the appeal filed by the assessee is partly allowed for statistical purposes
ITA 403/CHNY/2017[2012-13]Status: DisposedITAT Chennai20 Apr 2018AY 2012-13
Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaramanआयकर अपील सं./I.T.A.No.403/Mds/2017 "नधा"रण वष"/Assessment Year:2012-13 M/S. Protectron Electromech The Deputy Commissioner Of Private Limited, No. 9, Athipattan Vs. Income Tax, Corporate Circle 5(2), Street, Mount Road, Aayakar Bhavan, Chennai 600 002. Chennai 600 034. [Pan:Aabcp1103B] (अपीलाथ" /Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से / Appellant By : Shri N. Devanathan, Advocate ""यथ" क" ओर से/Respondent By : Shri Guru Bhashyam, Jcit सुनवाई क" तार"ख/ Date Of Hearing : 23.01.2018 घोषणा क" तार"ख /Date Of Pronouncement : 20.04.2018 आदेश /O R D E R Per Duvvuru Rl Reddy: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals) 3, Chennai Dated 28.10.2016 Relevant To The Assessment Year 2012-13. The Assessee Has Raised Two Effective Grounds In The Appeal Viz., (I) The Ld. Cit(A) Erred In Confirming The Disallowance Made Under Section 14A R.W. Rule 8D & (Ii) The Ld. Cit(A) Erred In Confirming The Disallowance Made Under The Head “Income From Other Source”.
For Appellant: Shri N. Devanathan, AdvocateFor Respondent: Shri Guru Bhashyam, JCIT
Section 115JSection 142(1)Section 143(2)Section 14ASection 24
section 14A r.w. Rule 8D. In view of the above, the ground raised by the assessee stands dismissed.
6. With regard to the disallowance of difference in house property and other sources, the ld. Counsel for the assessee has submitted that any income or expenditure relating to a property owned and let out by the assessee should be treated
