INTEGRATED SERVICE POINT LTD.,CHENNAI vs. ACIT, CENTRAL CIRCLE-2(4), CHENNAI

Accordingly, the assessee's appeals in ITA Nos.1881, 1882,\nand 1883/Chny/2025 for A.Ys.2016-17, 2019-20, and 2022-23 are\nallowed

bogus purchases amounting to Rs.\n3,02,02,100/- and Rs.4,43,24,430/- respectively under section 37, the\naddition of unexplained money of Rs.39,22,000/- under section 69A

INTEGRATED SERVICE POINT LTD.,CHENNAI vs. ACIT, CC-2(4), CHENNAI

Accordingly, the assessee's appeals in ITA Nos.1881, 1882,\nand 1883/Chny/2025 for A.Ys.2016-17, 2019-20, and 2022-23 are\nallowed

bogus purchases amounting to Rs.\n3,02,02,100/- and Rs.4,43,24,430/- respectively under section 37, the\naddition of unexplained money of Rs.39,22,000/- under section 69A

ACIT, NUNAGAMBAKKAM vs. INTEGRATED SERVICE POINT LIMITED, ANNA NAGAR

bogus purchases amounting to Rs.\n3,02,02,100/- and Rs.4,43,24,430/- respectively under section 37, the\naddition of unexplained money of Rs.39,22,000/- under section 69A

ACIT, NUNGAMBAKKAM vs. INTEGRATED SERVICE POINT LIMITED, ANNA NAGAR

Accordingly, the assessee's appeals in ITA Nos.1881, 1882,\nand 1883/Chny/2025 for A.Ys.2016-17, 2019-20, and 2022-23 are\nallowed

bogus purchases amounting to Rs.\n3,02,02,100/- and Rs.4,43,24,430/- respectively under section 37, the\naddition of unexplained money of Rs.39,22,000/- under section 69A

GUNASEKARAN MANNAR,VILLUPURAM vs. ASST. COMMISSIONER OF INCOME TAX, CHENNAI

In the result, all the appeals filed by the assessee are allowed

69A of the Act, being\nincome allegedly uncovered pursuant to search and made addition to that\neffect and completed the reassessment under Section 147 r.w.s. 144 vide\nhis order dated 30.03.2024 for AY:2017-18. In first appeal, the learned\nCIT(A), upheld the addition of the entire alleged suppressed turnover and\nheld the Section 115BBE

MOHAMED THAJUDEEN ABUTHAHIR,SIRKALI CHENNAI vs. ITO WARD 2, , NAGAPATTINAM CHENNAI

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

Bench: Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 650/Chny/2023 िनधा"रण वष" / Assessment Year: 2017-18 Mohamed Thajudeen Abuthahir, The Income Tax Officer, 17, Railway Road, V. Ward-2, Sirkali – 609 110. Nagapattinam. Tamilnadu. [Pan: Afdpa-4979-C] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. N. Arjun Raj, Ca ""यथ" क" ओर से/Respondent By : Shri. D. Hema Bhupal, Jcit सुनवाई क" तारीख/Date Of Hearing : 03.08.2023 घोषणा क" तारीख/Date Of Pronouncement : 23.08.2023

purchase and sale were bogus, made addition under section 69A, Tribunal was not justified in deleting addition without going into

ASSISTANT COMMISSIONER OF INCOME TAX LTU CIRCLE 1 CHENNAI, CHENNAI vs. E I D PARRY INDIA LIMITED, CHENNAI

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes and the appeal filed by the Revenue is dismissed

Bench: Shri George George Kand Shri S.R. Raghunathait(Tp)A. Nos.:105, 106, 107/Chny/2024 & Ita No.3113/Chny/2024 िनधा"रण वष"/Assessment Years: 2011-12, 2012-13, 2013-14 & 2014-15 M/S. E.I.D. Parry India Ltd., The Deputy Commissioner Of No. 234, Dare House, Nsc Vs. Income Tax, Bose Road, Parrys Corner, Large Taxpayer Unit -1, Chennai 600 001. Chennai. [Pan: Aaace-0702-C] (अपीलाथ"/Appellant) (""यथ"/Respondent)

bogus purchases and addition under section 69A of the Act for AY 2011-12. Thus, the grounds raised by the assessee

M/S. EID PARRY INDIA LTD.,CHENNAI vs. DCIT, LTU-1,, CHENNAI

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes and the appeal filed by the Revenue is dismissed

Bench: Shri George George Kand Shri S.R. Raghunathait(Tp)A. Nos.:105, 106, 107/Chny/2024 & Ita No.3113/Chny/2024 िनधा"रण वष"/Assessment Years: 2011-12, 2012-13, 2013-14 & 2014-15 M/S. E.I.D. Parry India Ltd., The Deputy Commissioner Of No. 234, Dare House, Nsc Vs. Income Tax, Bose Road, Parrys Corner, Large Taxpayer Unit -1, Chennai 600 001. Chennai. [Pan: Aaace-0702-C] (अपीलाथ"/Appellant) (""यथ"/Respondent)

bogus purchases and addition under section 69A of the Act for AY 2011-12. Thus, the grounds raised by the assessee

SOMASUNDARAM VIGNESHWARAN,MADURAI vs. ACIT (CENTRAL CIRCLE) -1, MUDARAI, MADURAI

In the result, the appeal of the assessee is dismissed

Bench: Shri S.S. Viswanethra Ravi & Ms. Padmavathy, S.आयकर अपील सं./I.T.A. No.1728/Chny/2025 िनधा"रण वष"/Assessment Year: 2022-23 Somasundaram Vigneshwaran, Vs. The Assistant Commissioner Of Meenakshi Kovil Street, Income Tax, Sri Meenakshi Complex, 1St Floor, Central Circle 1, Madurai 625 001. Madurai. [Pan: Akppv0081K] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : None ""थ" की ओर से/Respondent By : Shri Shiva Srinivas, Cit सुनवाई की तारीख/ Date Of Hearing : 25.02.2026 घोषणा की तारीख /Date Of Pronouncement : 04.03.2026 आदेश /O R D E R Per S.S. Viswanethra Ravi: This Appeal Filed By The Assessee Is Directed Against The Order Dated 17.04.2025 Passed By The Ld. Commissioner Of Income Tax (Appeals) 19, Chennai For The Assessment Year 2022-23. 2. When The Appeal Was Taken Up For Hearing, None Appeared On Behalf Of The Assessee Nor Filed Any Adjournment Petition. On Examination Of The Record, It Is Noted That The Assessee Filed This Appeal On 14.06.2025 & After Scrutiny, The Registry, Itat Chennai Benches Issued Notice

bogus and fabricated. Therefore, out of the total seized cash of Rs.2,94,00,000/-, an amount of Rs. 19,80,905/- already assessed protectively u/s 69A of the Act was excluded. The remaining Rs.2,74,19,095/- was treated as unexplained money u/s 69A r.w.s 115BBE of the Act, and added to the assessee's total income

MANIKANDAN SUBASH CHANDRA BOSE ,THIRUMANGALAM vs. THE INCOME TAX OFFICER, MADURAI

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

Bench: Shri Manu Kumar Giri, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपील सं./Ita No.: 1452/Chny/2023 िनधा"रण वष" / Assessment Year: 2017-18 The Income Tax Officer, Manikandan Subash Chandra V. Non Corporate Ward 2(4), Bose, Madurai – 625 002. New No. 70 (Old 131), Big Bazaar Street, Thirumangalam – 625 706 [Pan: Abcpm-6497-L] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. B. Pratap, Ca ""यथ" क" ओर से/Respondent By : Shri. D. Hema Bhupal, Jcit सुनवाई क" तारीख/Date Of Hearing : 03.07.2024 घोषणा क" तारीख/Date Of Pronouncement : 11.09.2024 आदेश /O R D E R Per S. R. Raghunatha:

Section 69A and make an addition for the same amounts already assessed under one :-9-: ITA. No: 1452/Chny/2023 head. Further, the Ld.AR in support of the case, relied on the decisions of this Tribunal in the following cases: a) Shri Raju Dinesh Kumar Vs. DCIT – ITA No.1321/2023 dated 19/01/2024 b) M/s.Micky Fireworks Industries Vs. ACIT – ITA No.264/2023 dated 26/07/2023

THENRAJ,CHENNAI vs. ITO, NCW-8(2), CHENNAI

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

69A.\n:-7-:\nITA. No:3123/Chny/2024\nI am in agreement with the A.O that the appellant could not submit any\nevidence/reasoning to show that business in Old Currency notes during the\ndemnonetization period was valid by law and the amount in cash that was\ndeposited in bank accounts during the period was out of genuine sales\nbefore demonetization. The trade

GUNASEKARAN MANNAR,VILLUPURAM vs. ASST. COMMISSIONER OF INCOME TAX, CHENNAI

In the result, all the appeals filed by the assessee are allowed

69A of the Act, being\nincome allegedly uncovered pursuant to search and made addition to that\neffect and completed the reassessment under Section 147 r.w.s. 144 vide\nhis order dated 30.03.2024 for AY:2017-18. In first appeal, the learned\nCIT(A), upheld the addition of the entire alleged suppressed turnover and\nheld the Section 115BBE

RAJENDRAN SHARMILA,ANNUR vs. COMMISSIONER OF INCOME TAX APPEALS, DELHI

In the result, appeal of the assessee is allowed

purchase register, and\nBank statements, all of which were furnished before the AO. It is an\nundisputed fact that the assessee is engaged in trading\nbusiness. The sales reflected during the demonetisation period have\nbeen recorded in the books of account.The AO has not rejected the\nbooks of account u/s. 145 of the Act.The turnover declared by the\nassessee

SREE BALAJI BULLIONS,SALEM vs. DCIT, CIRCLE-1(1), SALEM

In the result, appeal filed by the assessee is allowed

Bench: Shri George George K, Hon’Ble & Shri S.R. Raghunatha, Hon’Bleआयकर अपील सं./Ita Nos.: 2302/Chny/2024 िनधा"रण वष" / Assessment Year: 2017-18 Sree Balaji Bullions, Dy. Commissioner Of 22/43, Vasagasalai, Income Tax, Shevapet, V. Circle 1(1), Salem– 636002. Salem. [Pan: Aasfs-5947-E] (""यथ"/Respondent) (अपीलाथ"/Appellant) : Shri.S.Sridhar, Advocate अपीलाथ" क" ओर से/Appellant By & N.Arjun Raj, Advocate ""थ" की ओर से/Respondent By : Ms.T.M.Suganthamala, Cit सुनवाई क" तार"ख/Date Of Hearing : 25.02.2025 घोषणा क" तार"ख/Date Of Pronouncement : 17.04.2025 आदेश /O R D E R

bogus customers name or the identity of the customer who have purchased jewellery by exchanging old jewellery or by paying cheque or any other bank mode details have been used to conceal the assessee's unaccounted income nor the third party unaccounted money who's identity had not been revealed by way of collection of TCS on cash purchases more

SUNPENTA MINING SERVICE PVT. LTD.,SALEM vs. DCIT, CIRLCE-1(1), SALEM

In the result, appeal of the assessee is allowed

Bench: Hon’Ble Shri Manu Kumar Giri & Hon’Ble Shri Jagadishआयकरअपील सं./ Ita No.3263/Chny/2024 (िनधा"रणवष" / Assessment Year: 2017-18)

purchase, as well as the closing stock at the year-end to be genuine and correct. It is also worthwhile to mention that the Assessing Officer has not rejected the books of account of the assessee by invoking the provisions of section 145(3) and even there is no whisper in the order about any defects in the books

DEPUTY COMMISSIONER OF INCOME-TAX, COIMBATORE vs. MS VISWA AND DEVJI DIAMONDS PVT LTD, COIMBATORE

In the result, appeal filed by the Revenue stands dismissed

Bench: Hon’Ble Shri Manu Kumar Giri & Hon’Ble Shri S.R. Raghunathaआयकर अपील सं./Ita No.327/Chny/2024 िनधा"रण वष"/Assessment Year: 2017-2018. The Deputy Commissioner Viswa & Devji Diamonds Pvt Ltd, Of Income Tax, Vs. New No.16,Old No.239, Corporate Circle 1, T.V.Swamy Road (East) Coimbatore R.S. Puram, Coimbatore 641 002. Pan: Aaccv 4942M

section 69A of the IT Act 1961, where in any financial year the assessee is found to be the owner of any money, bullion, jewelry or other valuable article and such money, bullion, jewelry or valuable article is not recorded in the books of account, if any, maintained by him for any source of income, and the assessee offers

JCIT NON CORPORATE CIRCLE 2, COIMBATORE vs. TARA JEWELLERY, COIMBATORE

In the result, appeal filed by the revenue is dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 276/Chny/2023 िनधा"रण वष" / Assessment Year: 2017-18 Joint Commissioner Of M/S. Tara Jewellery, Income-Tax, V. 61, West Bashyakaralu Road, Non-Corporate Circle -2, R S Puram, Aayakar Bhavan, Coimbatore – 641 002. 63, Race Course Road, [Pan: Aagft-2345-B] Coimbatore – 641 018. (अपीलाथ"/Appellant) (""यथ"/Respondent) : Shri. D. Hema Bhupal, Jcit अपीलाथ" क" ओर से/Appellant By ""यथ" क" ओर से/Respondent By : Shri. S. Sridhar, Advocate सुनवाई क" तारीख/Date Of Hearing : 25.03.2024 घोषणा क" तारीख/Date Of Pronouncement : 05.04.2024

69A r.w.s. 115BBE of the Act. The ld. CIT(A), after considering relevant facts has rightly deleted additions made by the Assessing Officer. 12. The appellant has relied upon the decision of ITAT, Chennai Benches in the case of ITO vs Sahana Jewellery Export Pvt Ltd in ITA No. 999/Chny/2022. The coordinate bench of ITAT, Chennai has considered an identical

DCIT NON CORPORATE CIRCLE-4, COIMBATORE vs. NAVARATNA MAALIGAI, COIMBATORE

In the result, appeal filed by the revenue is dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपीलसं./Ita No.: 801/Chny/2023 & Co No.: 48/Chny/2023 िनधा"रणवष" / Assessment Year: 2017-18 Deputy Commissioner Of M/S. Navaratna Maaligai, Income Tax, V. No. 362, Raja Street, Non-Corporate Circle -4, Coimbatore – 641 001. Aayakar Bhavan, [Pan: Aaifn-6257-E] 63, Race Course Road, Coimbatore – 641 018. (अपीलाथ"/Appellant) (Respondent/Cross Objector) : Shri. P. Sajit Kumar, Jcit अपीलाथ" क" ओर से/Appellant By ""यथ" क" ओर से/Respondent By : Shri. T. Banusekar, Advocate सुनवाई क" तारीख/Date Of Hearing : 19.03.2024 घोषणा क" तारीख/Date Of Pronouncement : 05.04.2024

69A of the Act. The ld. CIT(A), after considering relevant facts rightly deleted additions made by the AO and their order should be upheld. 7. We have heard both the parties, perused materials available on record and gone through orders of the authorities below. The assessee has made cash deposits of Rs. 2,91,80,000/- into Axis bank