SHRI RAJU P. MEHTA,,CHENNAI vs. DCIT, CENTRAL CIRCLE - II (1),, CHENNAI

In the result, appeals filed by assessee for assessment

Bench: Shri Duvvuru Rl Reddy & Shri G.Manjunathaआयकरअपीलसं./I.T.A Nos. 168 To 173/Chny/2020 ("नधा"रणवष" / Assessment Years: 1999-2000, 2001-02, 2002-03, 2003-04, 2004-05 & 2005-06) Mr. Raju P.Mehta, Vs The Deputy Commissioner Of 40, Barnaby Road, Income Tax, Kilpauk, Central Circle Ii(1), Chennai-600 010. Chennai-600 034. Pan : Aafpm 1912N (अपीलाथ"/Appellant) ""यथ"/Respondent/

section 292C belongs to such person. In this case, documents found during the course of search from the premises of Mr. Dinesh R Mehta clearly indicate that unaccounted transactions recorded in the name of M/s. Vikas Bearing and Wires was carried out by Mr. Dinesh R Mehta and assessee has no role on it. This fact is further strengthened

SHRI RAJU P. MEHTA,,CHENNAI vs. DCIT, CENTRAL CIRCLE - II (1),, CHENNAI

In the result, appeals filed by assessee for assessment

Bench: Shri Duvvuru Rl Reddy & Shri G.Manjunathaआयकरअपीलसं./I.T.A Nos. 168 To 173/Chny/2020 ("नधा"रणवष" / Assessment Years: 1999-2000, 2001-02, 2002-03, 2003-04, 2004-05 & 2005-06) Mr. Raju P.Mehta, Vs The Deputy Commissioner Of 40, Barnaby Road, Income Tax, Kilpauk, Central Circle Ii(1), Chennai-600 010. Chennai-600 034. Pan : Aafpm 1912N (अपीलाथ"/Appellant) ""यथ"/Respondent/

section 292C belongs to such person. In this case, documents found during the course of search from the premises of Mr. Dinesh R Mehta clearly indicate that unaccounted transactions recorded in the name of M/s. Vikas Bearing and Wires was carried out by Mr. Dinesh R Mehta and assessee has no role on it. This fact is further strengthened

SHRI RAJU P. MEHTA,,CHENNAI vs. DCIT, CENTRAL CIRCLE - II (1),, CHENNAI

In the result, appeals filed by assessee for assessment

Bench: Shri Duvvuru Rl Reddy & Shri G.Manjunathaआयकरअपीलसं./I.T.A Nos. 168 To 173/Chny/2020 ("नधा"रणवष" / Assessment Years: 1999-2000, 2001-02, 2002-03, 2003-04, 2004-05 & 2005-06) Mr. Raju P.Mehta, Vs The Deputy Commissioner Of 40, Barnaby Road, Income Tax, Kilpauk, Central Circle Ii(1), Chennai-600 010. Chennai-600 034. Pan : Aafpm 1912N (अपीलाथ"/Appellant) ""यथ"/Respondent/

section 292C belongs to such person. In this case, documents found during the course of search from the premises of Mr. Dinesh R Mehta clearly indicate that unaccounted transactions recorded in the name of M/s. Vikas Bearing and Wires was carried out by Mr. Dinesh R Mehta and assessee has no role on it. This fact is further strengthened

SHRI RAJU P. MEHTA,,CHENNAI vs. DCIT, CENTRAL CIRCLE - II (1),, CHENNAI

In the result, appeals filed by assessee for assessment

Bench: Shri Duvvuru Rl Reddy & Shri G.Manjunathaआयकरअपीलसं./I.T.A Nos. 168 To 173/Chny/2020 ("नधा"रणवष" / Assessment Years: 1999-2000, 2001-02, 2002-03, 2003-04, 2004-05 & 2005-06) Mr. Raju P.Mehta, Vs The Deputy Commissioner Of 40, Barnaby Road, Income Tax, Kilpauk, Central Circle Ii(1), Chennai-600 010. Chennai-600 034. Pan : Aafpm 1912N (अपीलाथ"/Appellant) ""यथ"/Respondent/

section 292C belongs to such person. In this case, documents found during the course of search from the premises of Mr. Dinesh R Mehta clearly indicate that unaccounted transactions recorded in the name of M/s. Vikas Bearing and Wires was carried out by Mr. Dinesh R Mehta and assessee has no role on it. This fact is further strengthened

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. RAMASUBBU MINNALKODI, TIRUNELVELI

In the result, the appeal of the Revenue is dismissed

depreciation, as her business income. On this\nbasis, the assessee submitted that the business income of Rs.20,64,120/- as\ndisclosed in the return of income filed for the relevant assessment year was in\nline with the statement furnished during the course of survey. It was, therefore,\nrequested that no addition be made to the returned income and that

INDUSTRIAL MINERAL CO, 100%EOU,TUTICORIN vs. ACIT,CENTRAL CIRCLE-1, MADURAI, MADURAI

In the result, the assessee’s appeal ITA No

Bench: Hon’Ble Shri Manoj Kumar Aggarwal, Am & Hon’Ble Shri Manu Kumar Giri, Jm 1. आयकरअपील सं./ Ita No.390/Chny/2023 (िनधा(रण वष( / Assessment Year: 2012-13) M/S. Industrial Mineral Co. 100% Eou Acit बनाम/ 1/1C, Harbour Express Highway, Central Circle-(1), Vs. Thermal Nagar So, Tuticorin-628 006. Madurai "थायीलेखासं./जीआइआरसं./Pan/Tan No. Aaafi-9714-R (अपीलाथ"/Appellant) : (""थ" / Respondent) & 2. आयकरअपील सं./ Ita No.529/Chny/2023 (िनधा(रण वष( / Assessment Year: 2012-13) Acit M/S. Industrial Mineral Co. 100% Eou बनाम/ Central Circle-(1), 1/1C, Harbour Express Highway, Vs. Madurai Thermal Nagar So, Tuticorin 628006 "थायीलेखासं./जीआइआरसं./Pan/Tan No. Aaafi-9714-R (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ" की ओर से/ Assessee By : Shri N. Arjun Raj (Advocate) – Ld.Ar ""थ" की ओर से/Revenue By : Shri R. Clement Ramesh Kumar (Cit) -Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 26-02-2025 घोषणाकीतारीख /Date Of Pronouncement : 21-05-2025 आदेश / O R D E R

Section 153A is limited to only undisclosed income on the basis of seized materials 3.2 The Ld.CIT(A) erred in failing to appreciate that on the issue of addition to be made in the assessments framed u/s.153A on the basis of seized materials, the SLP filed by the Revenue has been accepted the Hon'ble Apex Court in the case

DEPUTY COMMISSIONER OF INCOME-TAX, MADURAI vs. M/S INDUSTRIAL MINERAL CO., 100% EOU, TUTICORIN

In the result, the assessee’s appeal ITA No

Bench: Hon’Ble Shri Manoj Kumar Aggarwal, Am & Hon’Ble Shri Manu Kumar Giri, Jm 1. आयकरअपील सं./ Ita No.390/Chny/2023 (िनधा(रण वष( / Assessment Year: 2012-13) M/S. Industrial Mineral Co. 100% Eou Acit बनाम/ 1/1C, Harbour Express Highway, Central Circle-(1), Vs. Thermal Nagar So, Tuticorin-628 006. Madurai "थायीलेखासं./जीआइआरसं./Pan/Tan No. Aaafi-9714-R (अपीलाथ"/Appellant) : (""थ" / Respondent) & 2. आयकरअपील सं./ Ita No.529/Chny/2023 (िनधा(रण वष( / Assessment Year: 2012-13) Acit M/S. Industrial Mineral Co. 100% Eou बनाम/ Central Circle-(1), 1/1C, Harbour Express Highway, Vs. Madurai Thermal Nagar So, Tuticorin 628006 "थायीलेखासं./जीआइआरसं./Pan/Tan No. Aaafi-9714-R (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ" की ओर से/ Assessee By : Shri N. Arjun Raj (Advocate) – Ld.Ar ""थ" की ओर से/Revenue By : Shri R. Clement Ramesh Kumar (Cit) -Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 26-02-2025 घोषणाकीतारीख /Date Of Pronouncement : 21-05-2025 आदेश / O R D E R

Section 153A is limited to only undisclosed income on the basis of seized materials 3.2 The Ld.CIT(A) erred in failing to appreciate that on the issue of addition to be made in the assessments framed u/s.153A on the basis of seized materials, the SLP filed by the Revenue has been accepted the Hon'ble Apex Court in the case

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

Section 34 of the Indian Evidence Act, 1872 relying upon Section 34 of the Indian Evidence Act, 1872 relying upon Section 34 of the Indian Evidence Act, 1872, ITA Nos.675 to 675 to 680/Chny/2025 (AYs 2016 16-17 to 2021-22) M/s. Lalithaa Jewellery Mart Ltd. M/s. Lalithaa Jewellery Mart Ltd. :: 38 :: submitted that, the entries in the books

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

Section 34 of the Indian Evidence Act, 1872 relying upon Section 34 of the Indian Evidence Act, 1872 relying upon Section 34 of the Indian Evidence Act, 1872, ITA Nos.675 to 675 to 680/Chny/2025 (AYs 2016 16-17 to 2021-22) M/s. Lalithaa Jewellery Mart Ltd. M/s. Lalithaa Jewellery Mart Ltd. :: 38 :: submitted that, the entries in the books

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

Section 34 of the Indian Evidence Act, 1872 relying upon Section 34 of the Indian Evidence Act, 1872 relying upon Section 34 of the Indian Evidence Act, 1872, ITA Nos.675 to 675 to 680/Chny/2025 (AYs 2016 16-17 to 2021-22) M/s. Lalithaa Jewellery Mart Ltd. M/s. Lalithaa Jewellery Mart Ltd. :: 38 :: submitted that, the entries in the books