2012 (2) TMI 530

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... : Shri Shaji P. Jacob, Addl. CIT ORDER PER N.S. Saini, Accountant Member This is an appeal filed by the assessee against the order of the ld. CIT(A) V, Chennai dated 27.07.2011 passed in ITA No. 73/10-11 in assessment year 2008-09. Shri R. Vijayaraghavan, Advocate represented on behalf of the assessee and Shri Shaji P. Jacob, Addl. CIT represented on behalf of the Revenue. 2. The sole....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t in the case of CIT vs. Chennai Properties And Investments Ltd (266 ITR 685). 5. Considering the facts and circumstances of the case, the issue involved in the present appeal is squarely covered by the order of the jurisdictional Bench of the I TAT, Chennai against the appellant. However, the appellant has already preferred an appeal against the appellant. However, the appellant has already pr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 1473/Mds/2009. 6. After considering the submissions of the ld. AR of the assessee, we find that during the year under consideration, the assessee had earned rental income, which was treated as business income. The Assessing Officer treated the income from sub-leasing of properties as income from house property. The ld. CIT(A) confirmed the order of the Assessing Officer relying on the order of....