DCIT NON CORPORATE CIRCLE I, CHENNAI vs. JAIN HOUSING, CHENNAI
In the result, the appeal of the Revenue in ITA
ITA 337/CHNY/2019[2013-14]Status: DisposedITAT Chennai08 Aug 2019AY 2013-14
Bench: Shri George Mathan & Shri Inturi Rama Rao
For Appellant: Shri. R. Clement RameshFor Respondent: Shri. M. Karunakaran, Adv
Section 143(3)Section 14ASection 36Section 36(1)Section 56Section 56(2)Section 56(2)(viia)
Housing is a
Partnership firm constituted under the Partnership Act and engaged
in the business of property development. The return of income for the
assessment year 2013-2014 was filed on 30.09.2013 disclosing total
income of Rs.65,98,36,420/-. Against the said return of income, the
assessment was completed by the Deputy Commissioner of Income,
Central Circle