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2021 (7) TMI 590
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....aushik And Mr.S.Sridhar For Respondent : Mrs.V. Pushpa in all TCAs Junior Standing counsel And Mr.M.Swaminathan, Senior Standing Counsel JUDGMENT R. HEMALATHA, J. These appeals are directed against the orders of Income Tax Appellate Tribunal 'D' Bench, Chennai by its order dated 11.10.2012 in ITA Nos.1424, 1425, 1426, 1427 & 1428/MDS/2012 for the assessment years 2003-2008. ....
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....g officer completed the assessments making addition on account of registration of new vehicles and RTO expenses of Rs. 2,000/- per vehicle. Thereby the assessing officer determined the taxable income and demanded tax which is inclusive of interests under Section 234 A to C of the Act are as follows: Asst Year Date of filing Income Returned Rs. Income Assessed Rs. Tax Demanded Rs. ....
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....ed by the order of CIT(A) the department filed appeals before the Appellate Tribunal 'D' Bench, Chennai. 3.The Income Tax Appellate Tribunal however held that similar issue regarding additon made on estimated receipts from the customers for getting vehicle registered, had already come up for consideration before the Tribunal in respect of assessee's sister concern namely M/s.Susee A....
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....ence no basis to assess the amount collected for the purpose of registration of new vehicles? 3)Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in deleting the addition since the assessee is in the same line of businsess, further all the group concerns are operated fromt he same address, modus operandi is the same, the partners/directors are rel....