SHRI NATARAJAN SOMASUNDARAM,CHENNAI vs. ITO, NCW-8(2), CHENNAI
In the result, the appeal filed by the assessee is partly allowed
ITA 788/CHNY/2025[2018-19]Status: DisposedITAT Chennai07 Nov 2025AY 2018-19
Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. No.788/Chny/2025 िनधा"रण वष"/Assessment Year: 2018-19 Shri Natarajan Somasundaram, Vs. The Income Tax Officer, E-105, Periyar Vegetable Market, Non-Corporate Ward 8(2), Koyambedu, Chennai 600 092. Chennai. [Pan:Aajps6303B] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri D. Anand, Advocate ""थ" की ओर से/Respondent By : Ms. Gouthami Manivasagam, Jcit सुनवाई की तारीख/ Date Of Hearing : 24.09.2025 घोषणा की तारीख /Date Of Pronouncement : 07.11.2025 आदेश /O R D E R Per S.S. Viswanethra Ravi: This Appeal Filed By The Assessee Is Directed Against The Order Dated 04.10.2023 Passed By The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi For The Assessment Year 2018-19. 2. We Find That This Appeal Is Filed With A Delay Of 443 Days. The Assessee Filed An Affidavit For Condonation Of Delay Stating The Reasons. Upon Hearing Both The Parties & On Examination Of The Said Affidavit, In The Interest Of Justice, We Condone The Delay Of 450 Days By Imposing Cost
For Appellant: Shri D. Anand, AdvocateFor Respondent: Ms. Gouthami Manivasagam, JCIT
Section 24Section 32
house property and income from business, but, however, confirmed the disallowance of depreciation made by the Assessing Officer, having no evidence, vide para 15 of the impugned order.
6. The ld. AR Shri D. Anand, Advocate submits that the ld.
CIT(A)/NFAC erred in disallowing the claim of depreciation on the asset used for business purposes without appreciating
