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2 results for “section 68”+ Section 55Aclear

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Key Topics

Section 50C4Section 143(3)2Section 142A(6)2

RAMAKRISHNAN PRABHU JYOTHI,,COIMBATORE vs. ACOT, NCC-5, , COIMBATORE

ITA 690/CHNY/2020[2016-17]Status: DisposedITAT Chennai23 Aug 2024AY 2016-17

Bench: Shri Ss Viswanethra Ravi & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.690/Chny/2020 निर्धारण वर्ष /Assessment Years: 2016-17 Ramakrishnan Prabhu Jyothi, Race Course, Coimbatore, Tamil Nadu-641018, [Pan: Adjpp4946N] Asst. Commissioner Of Income Tax, Non-Corporate Circle-5, Coimbatore. (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Appellant By : Shri N.P.Vijay Kumar, Advocate प्रत्यर्थी की ओर से /Respondent By : Shri Nilay Baran Som, Cit सुनवाई की तारीख/Date Of Hearing : 27.05.2024 घोषणा की तारीख /Date Of Pronouncement : 23.08.2024 आदेश / Order Per Amitabh Shukla, A.M : This Appeal Is Filed Against The Order Bearing Din & Order No.Itba/Apl/S/250/2029-20/1026334108(1) Dated 09.03.2020 Of The Learned Commissioner Of Income Tax [Herein After “Cit(A), For The

For Appellant: Shri N.P.Vijay Kumar, AdvocateFor Respondent: Shri Nilay Baran Som, CIT
Section 142ASection 142A(1)Section 142A(6)Section 143(1)Section 153Section 153(1)Section 250

Section 55A available 19. The Learned CIT(Appeals) failed to appreciate that the AO wrongly referred the matter to District Valuation Officer when Assesse has submitted Valuation Report by Approved Valuer. The AO ought to have recorded satisfaction under Sec.55A and in the present case there is no recording of satisfaction by AO as per Sec.55A(2). 20. Further

ACIT, CHENNAI vs. M/S. SGP EXIM PVT. LTD., CHENNAI

In the result, appeal filed by the revenue is dismissed

ITA 2005/CHNY/2019[2012-13]Status: DisposedITAT Chennai02 Dec 2022AY 2012-13

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita No.: 2005/Chny/2019 िनधा"रण वष" / Assessment Year: 2012-13 Deputy Commissioner Of M/S. S.G.P. Exim Pvt Ltd., Income Tax, V. No. 68, Cathedral Road, Corporate Circle 6(1), Goapalapuram, Chennai. Chennai – 600 086. [Pan: Aabcs-0551-Q] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. P. Sajit Kumar, Jcit ""यथ" क" ओर से/Respondent By : Shri. G. Baskar, Advocate सुनवाई क" तारीख/Date Of Hearing : 24.11.2022 घोषणा क" तारीख/Date Of Pronouncement : 02.12.2022

For Appellant: Shri. P. Sajit Kumar, JCITFor Respondent: Shri. G. Baskar, Advocate
Section 143(3)Section 147Section 37Section 50CSection 50C(1)Section 55Section 55A

68, Cathedral Road, Corporate Circle 6(1), Goapalapuram, Chennai. Chennai – 600 086. [PAN: AABCS-0551-Q] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant by : Shri. P. Sajit Kumar, JCIT ""यथ" क" ओर से/Respondent by : Shri. G. Baskar, Advocate सुनवाई क" तारीख/Date of Hearing : 24.11.2022 घोषणा क" तारीख/Date of Pronouncement : 02.12.2022 आदेश