ACIT, CHENNAI vs. SHRI S. MARTIN, COIMBATORE
In the result, all the three appeals filed by the Revenue are dismissed
ITA 2382/CHNY/2016[2009-10]Status: DisposedITAT Chennai05 Oct 2018AY 2009-10
Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.2382/Chny/2016 "नधा"रण वष" / Assessment Year : 2009-10 & आयकर अपील सं./Ita Nos.3146 & 3147/Chny/2017 "नधा"रण वष" / Assessment Years : 2015-16 The Assistant Commissioner Of Shri S. Martin, Income Tax, V. No.335-339, Daisy Plaza, 6Th Street, Gandhipuram, Central Circle -2, Income Tax Building, Race Course Road, Coimbatore – 641 011. Coimbatore – 641 018. Pan : Aewpm 3703 Q (अपीलाथ"/Appellant) (""यथ"/Respondent)
For Appellant: Shri Sailendra Mamidi, PCITFor Respondent: Shri S. Sridhar, Advocate
Section 14ASection 271(1)(c)
condone the delay and admit the appeal.
3. Let’s first take assessment year 2009-10 in I.T.A.
No.2382/Chny/2016. 4. Shri Sailendra Mamidi, the Ld. Departmental Representative, submitted that during the course of assessment proceeding, the Assessing Officer disallowed ₹1,66,96,393/- towards insurance
₹90,86,349/- receipts and towards business expenditure.
According to the Ld. D.R., the Assessing
