R. G. SUNDAR & CO,ERODE vs. DCIT, CENTRAL CIRCLE-2 , COIMBATORE
In the result, the appeals filed by the assessee in ITA Nos
ITA 1599/CHNY/2023[2014-15]Status: DisposedITAT Chennai30 Apr 2024AY 2014-15
Bench: Shri Mahavir Singhand Shri S.R. Raghunathaआयकर अपील सं./Ita Nos.: 1599 & 1600/Chny/2023 िनधा"रण वष"/Assessment Years: 2014-15 & 2015-16 M/S. R.G. Sundar & Co., The Deputy Commissioner Erode Feeds Producers, Vs. Of Income Tax, 82, Perundurai Road, Central Circle-2, Perundurai – 638 001. Coimbatore Pan: Aaffr 3771C (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri T. Banusekar, Advocate Shri Suraj Nahar, Ca ""यथ" क" ओर से/Respondent By : Shri D. Hema Bhupal, Jcit सुनवाई क" तारीख/Date Of Hearing : 25.04.2024 घोषणा क" तारीख/Date Of Pronouncement : 30.04.2024
For Appellant: Shri T. Banusekar, AdvocateFor Respondent: Shri D. Hema Bhupal, JCIT
Section 133ASection 139(1)Section 143Section 143(3)Section 147Section 148Section 271(1)(c)
bogus purchases not supported by vouchers.
The assessment was completed u/s.143 r.w.s. 147 of the Act after arriving at a net loss of Rs.1,22,08,160/-. As the assessee voluntarily included this sum of Rs.22,35,000/- as additional income,
ITA Nos.1599 & 1600/Chny/2023
penalty
