2013 (9) TMI 1287

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...., Advocate O R D E R PER VIKAS AWASTHY, JUDICIAL MEMBER: The appeal has been filed by the Revenue against the order of the Commissioner of Income Tax(Appeals)-VI, Chennai, dated 22-02-2013 relevant to the Assessment Year (AY) 2009-10. 2. The assessee is engaged in the business of letting out, investment trading, shipping and financing. The assessee filed its return of income for the AY. 20....

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.... an appeal to the CIT(Appeals). The CIT(Appeals) held that the assessee is eligible for tonnage tax scheme and deleted the additions made by the Assessing Officer. Aggrieved against the order of the CIT(Appeals), the Revenue has filed the present appeal before the Tribunal. 3. Shri Guru Bhashyam, JCIT appearing on behalf of the Revenue relying on the grounds of appeal submitted that the assessee....

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.... the Tribunal, the CIT(Appeals) has allowed the appeal of the assessee for AY. 2009-10. The ld. AR placed on record the copy of the order of the Tribunal dated 13-05-2011 in ITA No. 356/Mds/2010 (supra). 5. We have heard the submissions made by both the sides and have perused the orders of the authorities below as well as the order of the co-ordinate bench of the Tribunal passed in assessee's own....