DCIT CC 2 2 , CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

In the result, both the appeals filed by the Revenue and the\nassessee are dismissed

148A of the Act is not required to be followed. It is on this basis\nthat the notice under Section 148 was issued.\n9. As noted above, the short question to be considered by this Court is\nwhether the impugned notice has been issued beyond the period of\nlimitation as stipulated under Section 149(1

SOUTHERN AGRIFURANE INDUSTRIES PVT.. LTD.,CHENNAI vs. ACIT, CENTRAL CIRCLE-2(2), CHENNAI

In the result, both the appeals filed by the Revenue and the\nassessee are dismissed

148A of the Act is not required to be followed. It is on this basis\nthat the notice under Section 148 was issued.\n9. As noted above, the short question to be considered by this Court is\nwhether the impugned notice has been issued beyond the period of\nlimitation as stipulated under Section 149(1

SOUTHERN AGRIFURANE INDUSTRIES PVT. LTD.,CHENNAI vs. ACIT, CENTRAL CIRCLE-2(2),, CHENNAI

In the result, both the appeals filed by the Revenue and the\nassessee are dismissed

148A of the Act is not required to be followed. It is on this basis\nthat the notice under Section 148 was issued.\n9. As noted above, the short question to be considered by this Court is\nwhether the impugned notice has been issued beyond the period of\nlimitation as stipulated under Section 149(1

DCIT CC 2 2 , CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

In the result, both the appeals filed by the Revenue and the\nassessee are dismissed

Section 153A of the Act.\nSection 153A(1) of the Act is set out below:.......\n12. It is apparent from the above that Section 153A of the Act refers to\ntime periods within which the assessments could be reopened. In terms\nof Section 153A(1) of the Act, the assessments can be reopened for a\nblock of six years preceding

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2 (2), CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

148A of the Act is not required to be followed. It is on this basis\nthat the notice under Section 148 was issued.\n9. As noted above, the short question to be considered by this Court is\nwhether the impugned notice has been issued beyond the period of\nlimitation as stipulated under Section 149(1

SOUTHERN AGRIFURANE INDUSTRIES PVT. LTD.,CHENNAI vs. ACIT, CENTRAL CIRCLE-2(2),, CHENNAI

148A of the Act is not required to be followed. It is on this basis\nthat the notice under Section 148 was issued.\n9. As noted above, the short question to be considered by this Court is\nwhether the impugned notice has been issued beyond the period of\nlimitation as stipulated under Section 149(1

PALANISAMY SHANKARGANESH,ERODE vs. ITO WARD 1,(1), ERODE

In the result, the appeal filed by the assessee is allowed

Bench: Shri Inturi Rama Rao & Shri S.S. Viswanethra Raviआयकर अपील सं./Ita No.: 3544/Chny/2025 िनधा"रण वष"/Assessment Year: 2018-19 Shri Palanisamy Shankarganesh The Income Tax Officer, Prop: Universal Communication, Vs. Ward-1(1), No.56, Mettur Road, Erode, Erode. Tamil Nadu-638 001. [Pan: Azsps4331D] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Mr.Bhupendran, Advocate ""यथ" क" ओर से/Respondent By : Mr.Sbr Kumar Laghimsetti, Addl.Cit सुनवाई क" तारीख/Date Of Hearing : 20.01.2026 घोषणा क" तारीख/Date Of Pronouncement : 10.02.2026

1) completed the assessment vide order dated 16.03.2024 and passed order u/s 147 r.w.s.144 r.w.s.144B of the Act at a total income of Rs.36,94,491/-. While doing so, the AO made addition of alleged bogus purchase of computers Rs.24,31,290/- made from M/s. Advanced Computers and Mobiles India Private Limited for alleged failure of the appellant to substantiate