TaxTMI 
TaxTMI 
2013 (6) TMI 741
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.... : N. Devanathan For the Respondent : P. Peerya ORDER Dr. O. K. Narayanan (Vice-President) These two cross appeals filed by the Revenue and the assessee relate to the assessment year 2008-09. The cross appeals are directed against the order of the Commissioner of Income-tax(Appeals)-III at Chennai, dated 15-4-2011 and arise out of the assessment completed under section 143(3) of the Income-tax....
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....d the addition of ₹ 3,93,00,000/-. This against the total disallowance of ₹ 14,18,77,251/-. 4. The very same issue was considered by us in the appeal filed by the Revenue for the assessment year 2007-08 in ITA No.1097(Mds)/2011, disposed of by us through our order of even date. We have confirmed the decision of the Commissioner of Income-tax(Appeals) on this point for the detailed rea....
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....ioner of Income-tax(Appeals) on this point is confirmed. 6. The Revenue has raised one more ground that the Commissioner of Income-tax(Appeals) has not followed Rule 46A of the Income-tax Rules, 1962 while disposing of the first appeal. We do not find any merit in this argument advanced by the Revenue. All the details were furnished before the Assessing Officer himself. No fresh materials were fi....
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....Rule 6DD. This is very important because the business of the assessee is purchasing land and developing it. In developing the land, we have already seen the nature of the expenditure, while dealing with the issue of land development expenses in assessee's own case for the assessment year 2007-08. Likewise, in the case of payments relating to purchase of land and land development expenditure, it is....