V. GANESH,ARNI vs. PCIT (CENTRAL)1, CHENNAI
In the result, the appeal of the assessee is dismissed
ITA 2039/CHNY/2024[2019-20]Status: DisposedITAT Chennai29 Nov 2024AY 2019-20
Bench: Shri Ss Viswanethra Ravi & Shri Amitabh Shuklaआयकर अपील सं./Ita No.2039 /Chny/2024 निर्ाारण वर्ा /Assessment Years: 2019-20 V.Ganesh, Pcit(Central), Chennai-1, No.65/Ia & Ib Sirumoor Road, Mahatma Gandhi Road, Rattinamangalam, Chennai Arni, Tamil Nadu-632316 [Pan: Agmpg7554M] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Assessee By : Smt.G.Vardhini Karthick, Advocate प्रत्यर्थी की ओर से /Revenue By : Ms.R.Anita, Adll.Cit सुिवाई की तारीख/Date Of Hearing : 19.11.2024 घोर्णा की तारीख /Date Of Pronouncement : 29.11.2024 आदेश / O R D E R Per Amitabh Shukla, A.M :
For Appellant: Smt.G.Vardhini Karthick, AdvocateFor Respondent: Ms.R.Anita, Adll.CIT
Section 115BSection 133ASection 143(3)Section 263
133A in assessee’s case as result of which excess stock of 1,22,55,399/- was found and which was admitted by the assessee along with another unexplained expenses of Rs. 42,77,280/-. It was noted that the assessing officer had failed to assess the additional income @ rate of 60% as per section 115BBE r.w.s 69B assessed