SAI TELECOM,CHENNAI vs. ITO NON CORPORATE WARD 3(3), CHENNAI
In the result, the appeal of the assessee is partly allowed
ITA 2534/CHNY/2017[2012-13]Status: DisposedITAT Chennai15 Sept 2023AY 2012-13
Bench: Shri Mahavir Singhand Shri Manjunatha. Gआयकर अपील सं./Ita No.2534/Chny/2017 िनधा"रण वष" /Assessment Year: 2012-13 M/S. Sai Telecom, The Income Tax Officer, No.407, 4Th Floor, Kaveri Complex, Vs. Non Corporate Ward-3(3), Nungambakkam, Chennai. Chennai – 600 034. [Pan: Abrfs-4178-F] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri N. Arjun Raj, C.A ""यथ" क" ओर से /Respondent By : Shri Arv Sreenivasan, Addl. Cit सुनवाई क" तारीख/Date Of Hearing : 24.07.2023 घोषणा क" तारीख /Date Of Pronouncement : 15.09.2023
For Appellant: Shri N. Arjun Raj, C.A ""For Respondent: Shri ARV Sreenivasan, Addl. CIT
Section 139Section 143(3)Section 68
section 271D r.w.s. 269 SS of the Act.”
2.3
Before us also, the assessee filed the same details in his paper
book consisting of Item Nos. 3 to 9 from pages 16 to 85. The assessee
before us could not establish that these persons have creditworthiness
or source of income to prove that the advances given to assessee firm
