TMI Blog2014 (9) TMI 1015X X X X Extracts X X X X X X X X Extracts X X X X ..... ection 40(a)(ia) of the Act and after verifying the records of the assessees. AO shall grant a reasonable opportunity of being heard to the assessees as per the principles of natural justice. - Decided in favour of assessee for statistical purposes. - ITA NO.161/Nag/2011, ITA NO.175/Nag/2012 & ITA NO.176/Nag/2012 - - - Dated:- 8-9-2014 - SHRI D. KARUNAKARA RAO, ACCOUNTANT MEMBER AND SHRI VIVEK VARMA, JUDICIAL MEMBER For the Petitioner : Shri K.P. Dewani For the Respondent : Shri H.M. Wanre, JCIT ORDER PER D. KARUNAKARA RAO, AM: There are 3 appeals under consideration. These three appeals are filed by the three different assessee s involving assessment years 2006-07 and 2007-08. Since, the issues involved i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the addition made by the AO at ₹ 1,11,000/- and ₹ 2,44,344/- u/s 40(a)(ia) of Income Tax Act, 1961. 3. The assessee denies liability to be assessed to interest u/s 234B of Income Tax Act, 1961. Without prejudice the levy of interest is unjustified, unwarranted and excessive. III. Grounds raised in the case of Smt. Vandana Deepak Morey (AY 2007-08) read as under: 1. The addition made by AO at ₹ 9,65,652/- is unjustified, unwarranted and excessive. 2. The Ld CIT (A) erred in confirming the addition made by the AO at ₹ 9,65,652/- u/s 40(a)(ia) of Income Tax Act, 1961. 3. The assessee denies liability to be assessed to interest u/s 234B of Income Tax Act, 1961. Without prejudice the levy of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ers of the Tribunal are furnished in a tabular form which read as under: Name of the assesse ITA No. AO Order dated CIT (A) Order dated Date of ITAT Order Shri Gopal Dineshchandra Tulshan 161/Nag/2011 6.6.2007 5.9.2011 1) Rajeev Kumar Agrawal (ITA No.337/Agra/2013), dated 29.5.2013. 2) Antony D. Mundackal (ITA No.38/Coch/2013) dated 29.11.2013 Smt. Smita Sanjya Jadhao 176/Nag/2012 31.12.2009 3.2.2012 Vandana Deepak More 175/Nag/2012 31.12.2009 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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