In the result, appeal of the assessee in ITA
Bench: Shri N.R.S. Ganesan & Shri Abraham P. George] आयकर अपील सं./I.T.A. Nos.3397 & 3398/Mds/2016 "नधा"रण वष" /Assessment Years : 2012-13. Shri. P. Senthil Kumar, Vs. The Income Tax Officer, P-2, Hig Adyar Apartments, Non Corporate Ward 3(3) Kottur Gardens, Chennai. Circular Road, Kotturpuram, Chennai 600 086. [Pan Abbps 1019H] (अपीलाथ"/Appellant) (""यथ"/Respondent)
capital account 15,94,487 Purchases for which payments have been made 38,44,069 in cash As per ld. Assessing Officer assessee had violated Sec. 40A(3) of the Act in making cash payments of "38,44,069/-. He made an addition of the said amount and completed assessment. Aggrieved, assessee moved in appeal before ld. 4. Commissioner