2011 (9) TMI 1221

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....RDER Per Pramod Kumar: 1. By way of this appeal, the Assessing Officer has called into question correctness of CIT(A)'s order dated 14th January, 2010, in the matter of assessment under section 143(3) of the Income tax Act, 1961, for the assessment year 2004-05. 2. Ground No.1 reads as under: "1. The ld CIT(A) erred in deleting the addition on account of transfer fees of Rs. 13,2....

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....e case of Mittal Court Premises Co-operative Society Ltd. v. Income-tax Officer. 320 ITR 414(Bom). We also find that the CIT(A) has followed the decision of Hon'ble Bombay High Court in the case of M/s. Shyam CHS and Suprabhat, CHS(supra) for allowing the transfer fees claimed by the assessee. We, therefore, uphold the grievance of the assessee and approve the stand taken by the CIT(A). 4. Grou....

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....hes of this Tribunal. In view of this, since the CIT(A) has deleted the addition following the various decisions of the Tribunal, we decline to interfere and uphold the same. 7. Ground No.2 is thus dismissed. 8. Ground No.3 reads as under: "The ld CIT(A) erred in deleting the addition of Rs. 4,09,461 on account of interest received from bank following the decision of Hon'ble Mumbai ....