2013 (5) TMI 237

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....e Respondent : Shri T. Banusekar, FCA ORDER Per Bench These are two appeals filed by the Revenue and two cross objections by the assessee. The relevant assessment years are 2005-06 and 2006-07. The appeals and the cross objections are directed against the common order of the Commissioner of Income-tax(Appeals)-I at Chennai, dated 22.10.2012. The appeals and the cross objections arise out ....

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....ome. As rightly held by the Commissioner of Income-tax(Appeals), tax is chargeable on the total income of the assessee. In view of sec.167A, the assessee has to be assessed in the status of an A.O.P., where shares of the members are indeterminate; i.e. Maximum Marginal Rate. The Commissioner of Income tax( Appeals) has given the right direction to the Assessing Officer to compute the total income ....