2009 (6) TMI 618

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....er of Income-tax (Appeals), while examining the cost of constructions claimed by the assessee in respect of the properties situated at 132, Bells Road and 76, V. R. Pillai Street, Triplicane, Chennai and also on the ground that the assessee has failed to produce any evidence in support of her claim for the construction of the abovesaid properties.   3. Having heard Mr. J. Naresh Kumar, learned standing counsel appearing for the appellant, we are not inclined to entertain this appeal as we do not find any question of law much less substantial question of law.   4. The value of construction made with reference to the abovementioned two properties, as claimed by the assessee, the assessee has shown the total cost of constructio....

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....,000 as against Rs. 3,10,000 as made by the assessing authority.   6. The Tribunal in its reasoned order has found that the adoption of the Assessing Officer, based on the State PWD rates at the rate of Rs. 3,079 per sq. m was justified and also held that the disallowance of advance receipts to an extent of Rs. 1,70,000 as held by the Commissioner (Appeals) was also in order. Having perused the order of the Tribunal, we find that the Tribunal has taken note of the fact that the Departmental Valuation Officer himself has accepted the position that the construction made by the assessee was between the assessment years 1996-97 and 2001-02 in so far as it related to the property at 132, Bells Road, and the ratio as ascertained by the As....