Shri Pechimuthu Karuppiah, Trichy vs. ITO, Ward-2(2), Trichy
In the result, appeal filed by the assessee is partly allowed
ITA 3153/CHNY/2019[2009-10]Status: DisposedITAT Chennai07 Dec 2022AY 2009-10
Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita No.: 3153/Chny/2019 िनधा"रण वष" / Assessment Year: 2009-10 Mr. Pechimuthu Karuppiah, The Income Tax Officer, No.3/27, Thiruvalluvar Street, V. Ward 2(2), Kumaresapuram, Koothaipar Trichy. Post, Trichy – 620 013. [Pan: Aampk-5734-D] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. K. Ravi, Advocate ""यथ" क" ओर से/Respondent By : Shri. D. Hema Bhupal, Jcit सुनवाई क" तारीख/Date Of Hearing : 30.11.2022 घोषणा क" तारीख/Date Of Pronouncement : 07.12.2022
For Appellant: Shri. K. Ravi, AdvocateFor Respondent: Shri. D. Hema Bhupal, JCIT
Section 147Section 148
…on of Hon’ble Bombay High Court in the case of PCIT vs Sheetal Dushyant Chaturvedi (2022), 134 Taxmann.com 327 (Bom). The Ld. Counsel for the assessee also relied upon the decision of the Supreme Court in the case of PCIT vs Sheetal Dushyant Chaturvedi (2022) 134 Taxmann.com 328 (SC). The :-6-: ITA. No:3153/Chny/2019 Ld. Counsel for the assessee, on merits of the issue submitted that the assessee has explained source of cash deposits out of re-payment of loan by his brother-in-law and for this purpose furnished a confirmation letter from the party. But, the AO has made additions by stating that the assessee coul…