SUNDARAM SANKAR ANAND,KARUR vs. ASSISTANT COMMISSIONER, COIMBATORE

In the result the appeals of the assessee are disposed of as below:

Bench: Shri Aby T Varkey & Shri S. R. Raghunathaआयकर अपील सं./Ita Nos.: 2850,2851,2852 & 2853/Chny/2024, 2910, 2911 & 2912/Chny/2024 धनिाारण वर्ा / Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2017-18 & 2018-19 Sundaram Sankar Anand, The Assistant Commissioner Of No.63-B-7, Mayanur, Vs Income Tax, M Kaspa Sandai Peatai, . Central Circle – 2, Coimbatore. Krishnarayapuram Taluk, Karur – 639 102 [Pan:Bvips-1149-E] (अपीलाथी/Appellant) (प्रत्यथी/Respondent) अपीलाथी की ओर से/Appellant By : Shri. V. Alagappa, C.A. प्रत्यथी की ओर से/Respondent By : Mr. M.Murali, Cit (Virtual) सुनवाई की तारीख/Date Of Hearing : 25.06.2025 घोर्णा की तारीख/Date Of Pronouncement : 26.08.2025 आदेश /O R D E R Per S. R. Raghunatha, Am:

purchases are noting but expenditure. If sundry creditors are not proved by the assessee, addition can made by the assessing officer by resorting to section 68 rws 69C. Similar view has been expressed by Honourable Karnataka High Court in Shri Suresh Kumar. T. Jain Vs ITO, ITA No.160 of 201. In this case books of accounts were not found during

SUNDARAM SANKAR ANAND,KARUR vs. ASSISTANT COMMISSIONER, COIMBATORE

In the result the appeals of the assessee are disposed of as below:

Bench: Shri Aby T Varkey & Shri S. R. Raghunathaआयकर अपील सं./Ita Nos.: 2850,2851,2852 & 2853/Chny/2024, 2910, 2911 & 2912/Chny/2024 धनिाारण वर्ा / Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2017-18 & 2018-19 Sundaram Sankar Anand, The Assistant Commissioner Of No.63-B-7, Mayanur, Vs Income Tax, M Kaspa Sandai Peatai, . Central Circle – 2, Coimbatore. Krishnarayapuram Taluk, Karur – 639 102 [Pan:Bvips-1149-E] (अपीलाथी/Appellant) (प्रत्यथी/Respondent) अपीलाथी की ओर से/Appellant By : Shri. V. Alagappa, C.A. प्रत्यथी की ओर से/Respondent By : Mr. M.Murali, Cit (Virtual) सुनवाई की तारीख/Date Of Hearing : 25.06.2025 घोर्णा की तारीख/Date Of Pronouncement : 26.08.2025 आदेश /O R D E R Per S. R. Raghunatha, Am:

purchases are noting but expenditure. If sundry creditors are not proved by the assessee, addition can made by the assessing officer by resorting to section 68 rws 69C. Similar view has been expressed by Honourable Karnataka High Court in Shri Suresh Kumar. T. Jain Vs ITO, ITA No.160 of 201. In this case books of accounts were not found during

SUNDARAM SANKAR ANAND,KARUR vs. ASSISTANT COMMISSIONER, COIMBATORE

In the result the appeals of the assessee are disposed of as below:

Bench: Shri Aby T Varkey & Shri S. R. Raghunathaआयकर अपील सं./Ita Nos.: 2850,2851,2852 & 2853/Chny/2024, 2910, 2911 & 2912/Chny/2024 धनिाारण वर्ा / Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2017-18 & 2018-19 Sundaram Sankar Anand, The Assistant Commissioner Of No.63-B-7, Mayanur, Vs Income Tax, M Kaspa Sandai Peatai, . Central Circle – 2, Coimbatore. Krishnarayapuram Taluk, Karur – 639 102 [Pan:Bvips-1149-E] (अपीलाथी/Appellant) (प्रत्यथी/Respondent) अपीलाथी की ओर से/Appellant By : Shri. V. Alagappa, C.A. प्रत्यथी की ओर से/Respondent By : Mr. M.Murali, Cit (Virtual) सुनवाई की तारीख/Date Of Hearing : 25.06.2025 घोर्णा की तारीख/Date Of Pronouncement : 26.08.2025 आदेश /O R D E R Per S. R. Raghunatha, Am:

purchases are noting but expenditure. If sundry creditors are not proved by the assessee, addition can made by the assessing officer by resorting to section 68 rws 69C. Similar view has been expressed by Honourable Karnataka High Court in Shri Suresh Kumar. T. Jain Vs ITO, ITA No.160 of 201. In this case books of accounts were not found during

M/S. LALITHA JEWELLERY MART LTD.,CHENNAI vs. DCIT, CENTRAL CIRCLE-1(4), CHENNAI

In the result, all the appeals of the assessee are partly allowed

Bench: Shri Aby T. Varkey & Shrimanoj Kumar Aggarwal

1 to 3 are noted to be general in nature which are are noted to be general in nature which are 6. Ground Nos. 1 to 3 noted to be subsumed in the subsequent grounds taken separately in noted to be subsumed in the subsequent grounds taken separately in noted to be subsumed in the subsequent grounds taken separately

M/S. LALITHA JEWELLERY MART LTD.,CHENNAI vs. DCIT, CENTRAL CIRCLE-1(4), CHENNAI

In the result, all the appeals of the assessee are partly allowed

Bench: Shri Aby T. Varkey & Shrimanoj Kumar Aggarwal

1 to 3 are noted to be general in nature which are are noted to be general in nature which are 6. Ground Nos. 1 to 3 noted to be subsumed in the subsequent grounds taken separately in noted to be subsumed in the subsequent grounds taken separately in noted to be subsumed in the subsequent grounds taken separately

M/S. LALITHA JEWELLERY MART LTD.,CHENNAI vs. DCIT, CENTRAL CIRCLE-1(4), CHENNAI

In the result, all the appeals of the assessee are partly allowed

Bench: Shri Aby T. Varkey & Shrimanoj Kumar Aggarwal

1 to 3 are noted to be general in nature which are are noted to be general in nature which are 6. Ground Nos. 1 to 3 noted to be subsumed in the subsequent grounds taken separately in noted to be subsumed in the subsequent grounds taken separately in noted to be subsumed in the subsequent grounds taken separately

M/S AADHI ENTERPRISES PRIVATE LIMITED,CHENNAI vs. ACIT, CENTRAL CIRCLE-3(1), CHENNAI

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

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwalआयकर अपील सं./Ita No.: 308/Chny/2023 िनधा"रण वष"/Assessment Year: 2016-17 Aadhi Enterprises Pvt. Ltd., The Acit, No.1-130, Perambur Barracks V. Central Circle-3(1), Road, Pattalam, Chennai. Chennai – 600 112. Pan: Aanca 0382P (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri B. Ramakrishnan, Fca Shri S. Neelakantan, Fca Shri Shrenik Chordia, Ca ""यथ" क" ओर से/Respondent By : Shri S. Senthil Kumaran, Cit सुनवाई क" तारीख/Date Of Hearing : 11.07.2023 घोषणा क" तारीख/Date Of Pronouncement : 23.08.2023

254 held that transactions made by cheque is not sufficient to discharge burden. Further, the assessee though, they had filed confirmations, are sham transactions and make-believe with excellent paper work to camouflage their bogus nature as held by Hon’ble Delhi High Court in the case of PCIT Vs. NDR Promoters P Ltd - ITA No.49/2018 dated 17.01.2019. I.T.A. No.308/CHNY/2023

ACIT, CENTRAL CIRCLE 2.4, NUNGAMBAKKAM vs. RISHI ENTERPRISES, PUDUKKOTTAI

In the result, both the appeals of the Revenue are dismissed

254, Periyar Nagar,\nRajagopalapuram Post, Pudukkottai – 622 003, certain books of account and\ndocuments were found and seized vide Annexures ANN/MK/HW/B&D/F&S/1\nand 2.\n8. The said materials were found in the possession of one Shri Balasekhar,\nfrom whom a statement was recorded u/s.132(4) of the Act. In the course of the\nsaid statement, Shri Balasekhar admitted that

ACIT, NUNGAMBAKKAM vs. HARIWAY LINES PVT LTD, CHENNAI

In the result, both the appeals of the Revenue are dismissed

254, Periyar Nagar,\nRajagopalapuram Post, Pudukkottai – 622 003, certain books of account and\ndocuments were found and seized vide Annexures ANN/MK/HW/B&D/F&S/1\nand 2.\n8. The said materials were found in the possession of one Shri Balasekhar,\nfrom whom a statement was recorded u/s.132(4) of the Act. In the course of the\nsaid statement, Shri Balasekhar admitted that