DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/A

Bogus purchase as stated by you, I\nrequest you to provide me 15 days time to reconcile the same.\"\n\n4.6\nIn light of the above seized electronic material, depositions of the\nemployees, CFO, CEO & the Managing Director, the AO is noted to have\nreopened the income-tax assessments of the assessee by issue of notices\nu/s

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

Bogus purchase as stated by you, I\nrequest you to provide me 15 days time to reconcile the same.\"\n\n4.6\nIn light of the above seized electronic material, depositions of the\nemployees, CFO, CEO & the Managing Director, the AO is noted to have\nreopened the income-tax assessments of the assessee by issue of notices\nu/s

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\n(अपीलार्थी/Appellant)\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

Bogus purchase as stated by you, I\nrequest you to provide me 15 days time to reconcile the same.\"\n\n4.6\nIn light of the above seized electronic material, depositions of the\nemployees, CFO, CEO & the Managing Director, the AO is noted to have\nreopened the income-tax assessments of the assessee by issue of notices\nu/s

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

Bogus purchase as stated by you, I\nrequest you to provide me 15 days time to reconcile the same.\"\n\n4.6\nIn light of the above seized electronic material, depositions of the\nemployees, CFO, CEO & the Managing Director, the AO is noted to have\nreopened the income-tax assessments of the assessee by issue of notices\nu/s

RADIANCE REALTY DEVELOPERS INDIA LIMITED,CHENNAI vs. DCIT CENTRAL CIRCLE 2(1), CHENNAI

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

Bogus purchase as stated by you, I\nrequest you to provide me 15 days time to reconcile the same.\"\n\n4.6 In light of the above seized electronic material, depositions of the\nemployees, CFO, CEO & the Managing Director, the AO is noted to have\nreopened the income-tax assessments of the assessee by issue of notices\nu/s

RADIANCE REALTY DEVELOPERS INDIA LIMITED,CHENNAI vs. DCIT CENTRAL CIRCLE 2(1), CHENNAI

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

Bogus purchase as stated by you, I\nrequest you to provide me 15 days time to reconcile the same.\"\n\n4.6 In light of the above seized electronic material, depositions of the\nemployees, CFO, CEO & the Managing Director, the AO is noted to have\nreopened the income-tax assessments of the assessee by issue of notices\nu/s

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

Bogus purchase as stated by you, I\nrequest you to provide me 15 days time to reconcile the same.\"\n\n4.6\nIn light of the above seized electronic material, depositions of the\nemployees, CFO, CEO & the Managing Director, the AO is noted to have\nreopened the income-tax assessments of the assessee by issue of notices\nu/s

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI vs. RADIANCE REALTY DEVELOPERS INDIA LTD., CHENNAI

In the result, all the appeals of the Revenue and the assessee as\nwell as the Cross-Objections of the assessee are dismissed

Bench: SHRI ABY T. VARKEY, JUDICIAL MEMBER AND\nSHRI AMITABH SHUKLA, ACCOUNTANT MEMBER\nITA Nos.2978 - 2984/Chny/2024\n&\nCO Nos.11-17/Chny/2025\nनिर्धारण वर्ष/Assessment Years: 2016-17 to 2022-23\n\nThe DCIT,\nCentral Circle-2(1),\nChennai.\nM/s Radiance Realty-\nDevelopers India Ltd.,\nRadiance Towers, 1st Floor,\n33 Feet Road, Anna Salai,\nGuindy, Chennai – 600 032.\n[PAN: AACCN5152H]\n(अपीलार्थी/Appellant)\n(प्रत्यर्थी/Respondent/Cross\nObjector)\n\nITA Nos.2971 - 2972/Chny/2024\nनिर्धारणवर्ष/

Bogus purchase as stated by you, I\nrequest you to provide me 15 days time to reconcile the same.\"\n\n4.6 In light of the above seized electronic material, depositions of the\nemployees, CFO, CEO & the Managing Director, the AO is noted to have\nreopened the income-tax assessments of the assessee by issue of notices\nu/s

C.S.GARMENTS,TIRUPPUR vs. DCIT, TIRUPPUR

In the result, the appeal of the assessee is allowed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.583/Mds/2016 "नधा"रण वष" / Assessment Year : 2012-13 M/S C.S. Garments, The Deputy Commissioner Of 42, Karumarampalayam Mannarai, V. Income Tax, Tirupur – 641 607. Circle – 1, Tirupur. Pan : Aacfc 0719 J (अपीलाथ"/Appellant) (""यथ"/Respondent)

150/- is bogus and no such purchases were made as claimed by the assessee. The assessee appears to have claimed before the lower authorities that credit purchases were made from five parties, namely, (i) Bamboo Checking Centre; (ii) R.V.S. Stitching Centre; (iii) Shankar Hand Embroiders; (iv) Silky Shine Fashion; and (v) S.K. Squances. The assessee also claimed that raw material

ACIT, CHENNAI vs. M/S STERLITE INDUSTRIES (INDIA) LTD., TUTICORIN

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.318 & 319/Mds/2008 "नधा"रण वष" / Assessment Year : 2004-05 आयकर अपील सं./Ita No. 1020/Mds/2010 "नधा"रण वष" / Assessment Year : 2005-06 आयकर अपील सं./Ita No. 1665/Mds/2010 "नधा"रण वष" / Assessment Year : 2006-07

150/- was deleted. Due to exchange fluctuation, the addition made in pursuance of block assessment, was also deleted by the CIT(Appeals) to the extent of `57,96,955/-. According to the Ld. D.R., the addition made by the Assessing Officer in the block assessment is with regard to undisclosed income. The present assessment is under Section

ACIT, CHENNAI vs. M/S STERLITE INDUSTRIES (INDIA) LTD., CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.318 & 319/Mds/2008 "नधा"रण वष" / Assessment Year : 2004-05 आयकर अपील सं./Ita No. 1020/Mds/2010 "नधा"रण वष" / Assessment Year : 2005-06 आयकर अपील सं./Ita No. 1665/Mds/2010 "नधा"रण वष" / Assessment Year : 2006-07

150/- was deleted. Due to exchange fluctuation, the addition made in pursuance of block assessment, was also deleted by the CIT(Appeals) to the extent of `57,96,955/-. According to the Ld. D.R., the addition made by the Assessing Officer in the block assessment is with regard to undisclosed income. The present assessment is under Section

M/S. STERLITE INDUSTRIES (INDIA) LTD.,MADURAI vs. ADDITIONAL CIT, CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.318 & 319/Mds/2008 "नधा"रण वष" / Assessment Year : 2004-05 आयकर अपील सं./Ita No. 1020/Mds/2010 "नधा"रण वष" / Assessment Year : 2005-06 आयकर अपील सं./Ita No. 1665/Mds/2010 "नधा"रण वष" / Assessment Year : 2006-07

150/- was deleted. Due to exchange fluctuation, the addition made in pursuance of block assessment, was also deleted by the CIT(Appeals) to the extent of `57,96,955/-. According to the Ld. D.R., the addition made by the Assessing Officer in the block assessment is with regard to undisclosed income. The present assessment is under Section

ACIT, CHENNAI vs. M/S. STERLITE INDUSTRIES (INDIA) LTD., TUTICORIN

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.318 & 319/Mds/2008 "नधा"रण वष" / Assessment Year : 2004-05 आयकर अपील सं./Ita No. 1020/Mds/2010 "नधा"रण वष" / Assessment Year : 2005-06 आयकर अपील सं./Ita No. 1665/Mds/2010 "नधा"रण वष" / Assessment Year : 2006-07

150/- was deleted. Due to exchange fluctuation, the addition made in pursuance of block assessment, was also deleted by the CIT(Appeals) to the extent of `57,96,955/-. According to the Ld. D.R., the addition made by the Assessing Officer in the block assessment is with regard to undisclosed income. The present assessment is under Section

M/S STERLITE INDUSTRIES (INDIA) LTD.,TUTICORIN vs. DCIT, CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.318 & 319/Mds/2008 "नधा"रण वष" / Assessment Year : 2004-05 आयकर अपील सं./Ita No. 1020/Mds/2010 "नधा"रण वष" / Assessment Year : 2005-06 आयकर अपील सं./Ita No. 1665/Mds/2010 "नधा"रण वष" / Assessment Year : 2006-07

150/- was deleted. Due to exchange fluctuation, the addition made in pursuance of block assessment, was also deleted by the CIT(Appeals) to the extent of `57,96,955/-. According to the Ld. D.R., the addition made by the Assessing Officer in the block assessment is with regard to undisclosed income. The present assessment is under Section

ACIT, CHENNAI vs. M/S. STERLITE INDUSTRIES (INDIA) LTD., TUTICORIN

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.318 & 319/Mds/2008 "नधा"रण वष" / Assessment Year : 2004-05 आयकर अपील सं./Ita No. 1020/Mds/2010 "नधा"रण वष" / Assessment Year : 2005-06 आयकर अपील सं./Ita No. 1665/Mds/2010 "नधा"रण वष" / Assessment Year : 2006-07

150/- was deleted. Due to exchange fluctuation, the addition made in pursuance of block assessment, was also deleted by the CIT(Appeals) to the extent of `57,96,955/-. According to the Ld. D.R., the addition made by the Assessing Officer in the block assessment is with regard to undisclosed income. The present assessment is under Section

DCIT, CENTRAL CIR-2(3), CHENNAI vs. RKKR HOLDINGS P LTD, CHENNAI

The appeals of the revenue stand allowed for statistical purposes

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

purchased share investments were submitted by the assessee and whatever addresses were given such companies could not be found, neither the assessee produced them nor furnished details of correspondence, stating that it did not know them nor has have any control over them to furnish any details. 3.6 The Id.CIT(A) has erred in not considering that the assessee

DCIT, CENTRAL CIR-2, , CHENNAI vs. RAJIV SHARES & SECURITIES P LTD, CHENNAI

The appeals of the revenue stand allowed for statistical purposes

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

purchased share investments were submitted by the assessee and whatever addresses were given such companies could not be found, neither the assessee produced them nor furnished details of correspondence, stating that it did not know them nor has have any control over them to furnish any details. 3.6 The Id.CIT(A) has erred in not considering that the assessee

DCIT, CENTRAL CIR-2(3), CHENNAI vs. RAI SHARES & SECURITIES P LTD, CHENNAI

The appeals of the revenue stand allowed for statistical purposes

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

purchased share investments were submitted by the assessee and whatever addresses were given such companies could not be found, neither the assessee produced them nor furnished details of correspondence, stating that it did not know them nor has have any control over them to furnish any details. 3.6 The Id.CIT(A) has erred in not considering that the assessee