ASSISTANT COMMISSIONER OF INCOME TAX, MADURAI vs. BALA MURUGAN COMPANY, CHENNAI

Bench: Shri Aby T. Varkey & Shri Jagadish

reassessed u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of search, it was found that the assessee firm was maintaining parallel sets search, it was found that the assessee firm

ASSISTANT COMMISSIONER OF INCOME TAX, MADURAI vs. BALA MURUGAN COMPANY, CHENNAI

Bench: Shri Aby T. Varkey & Shri Jagadish

reassessed u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of search, it was found that the assessee firm was maintaining parallel sets search, it was found that the assessee firm

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MADURAI, MADURAI vs. TRANSWORLD GARNET INDIA PVT LTD.,, CHENNAI

Bench: Shri George George K & Shri S.R. Raghunathaआयकर अपील सं./Ita Nos.:1872, 1873, 1875, 1877 & 1878/Chny/2025 निर्धारण वर्ष / Assessment Years: 2013-14, 2014-15, 2015-16, 2016-17 & 2017-18 Acit, Central Circle -2, Madurai. Vs. Transworld Garnet India Pvt. Ltd., 500, Pantheaon Road, Egmore S.O., Chennai - 600 008. [Pan: Aaact-3408-N] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/Appellant By : Shri. R.Venkata Raman, C.A. प्रत्यर्थी की ओर से/Respondent By : Shri. Shiva Srinivas, C.I.T. सुनवाई की तारीख /Date Of Hearing : 24.09.2025 घोषणा की तारीख/Date Of Pronouncement : 23.10.2025 आदेश /Order Per S. R. Raghunatha, Am : These Five Appeals Preferred By The Revenue Are Directed Against The Orders Passed By The Learned Commissioner Of Income Tax (Appeals)-19, Chennai [Hereinafter Referred To As “The Id.Cit(A)”]. The Impugned Orders Of The Id.Cit(A) Arise Out Of The Assessment Orders Framed By The Assistant Commissioner Of Income Tax, Central Circle-2, Madurai [Hereinafter Referred To As “The Ao”], In Respect Of The Assessment Years 2013-14 To 2017-18. The Particulars Of The Respective Appeals Filed By The Revenue Are Set Out Hereinbelow:- S. No

Section under which assessment order was passed 1 1872/Chny/2025 2013-14 07.04.2025 05.05.2021 153A r.w.s 143(3) 2 1873/Chny/2025 2014-15 07.04.2025 05.05.2021 153A r.w.s 143(3) 3 1875/Chny/2025 2015-16 09.04.2025 06.05.2021 153A r.w.s 143(3) 4 1877/Chny/2025 2016-17 09.04.2025 06.05.2021 153A r.w.s 143(3) 5 1878/Chny/2025 2017-18 09.04.2025 06.05.2021 153A r.w.s 143(3) 2. The issues

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MADURAI, MADURAI vs. TRANSWORLD GARNET INDIA PVT LTD.,, CHENNAI

Section under | | | | order of | assessment | which | | | | CIT(A) | order | assessment order | | | | | | was passed | 1 | 1872/Chny/2025 | 2013-14 | 07.04.2025 | 05.05.2021 | 153A r.w.s 143(3) | 2 | 1873/Chny/2025 | 2014-15 | 07.04.2025 | 05.05.2021 | 153A r.w.s 143(3) | 3 | 1875/Chny/2025 | 2015-16 | 09.04.2025 | 06.05.2021 | 153A r.w.s 143(3) | 4 | 1877/Chny/2025 | 2016-17 | 09.04.2025 | 06.05.2021 | 153A r.w.s 143(3) | 5 | 1878/Chny/2025 | 2017-18 | 09.04.2025 | 06.05.2021 | 153A

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. ALBA INDUSTRIES LIMITED, CHENNAI

Bench: Shri Aby T. Varkey & Shri Jagadish

reassessed u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of search, it was found that the assessee firm was maintaining parallel sets search, it was found that the assessee firm

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. ALBA INDUSTRIES LIMITED, CHENNAI

Bench: Shri Aby T. Varkey & Shri Jagadish

reassessed u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of search, it was found that the assessee firm was maintaining parallel sets search, it was found that the assessee firm

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. ALBA INDUSTRIES LIMITED, CHENNAI

Bench: Shri Aby T. Varkey & Shri Jagadish

reassessed u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of search, it was found that the assessee firm was maintaining parallel sets search, it was found that the assessee firm

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. ALBA INDUSTRIES LIMITED, CHENNAI

Bench: Shri Aby T. Varkey & Shri Jagadish

reassessed u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of u/s 143(3) rws 153A bide order dated 26.08.2021. During the course of search, it was found that the assessee firm was maintaining parallel sets search, it was found that the assessee firm

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. BEACH MINERALS SANDS COMPANY, TIRUNELVELI

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos.1473 To 1475/Chny/2023 िनधा"रणवष"/Assessment Years: 2015-16 To 2017-18 & Cross-Objection Nos. 28 To 30/Chny/2024 िनधा"रणवष"/Assessment Years: 2015-16 To 2017-18 & आयकर अपील सं./Ita Nos.13 & 14/Chny/2024 िनधा"रणवष"/Assessment Years: 2013-14 & 2014-15 & Cross-Objection Nos. 26 & 27/Chny/2024 िनधा"रणवष"/Assessment Years: 2013-14 & 2014-15

Section 145(3) of the Act. Accordingly, the books of accounts of the Appellant Firm for the FY(s) 2012-13 is hereby rejected. Thus, having rejected the books of accounts, the business income of the Appellant Firm is required to be estimated under the said provisions, consequent to rejection of the books of accounts.” ITA Nos.1473 to 1475/Chny/2023

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. BEACH MINERALS SANDS COMPANY, TIRUNELVELI

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos.1473 To 1475/Chny/2023 िनधा"रणवष"/Assessment Years: 2015-16 To 2017-18 & Cross-Objection Nos. 28 To 30/Chny/2024 िनधा"रणवष"/Assessment Years: 2015-16 To 2017-18 & आयकर अपील सं./Ita Nos.13 & 14/Chny/2024 िनधा"रणवष"/Assessment Years: 2013-14 & 2014-15 & Cross-Objection Nos. 26 & 27/Chny/2024 िनधा"रणवष"/Assessment Years: 2013-14 & 2014-15

Section 145(3) of the Act. Accordingly, the books of accounts of the Appellant Firm for the FY(s) 2012-13 is hereby rejected. Thus, having rejected the books of accounts, the business income of the Appellant Firm is required to be estimated under the said provisions, consequent to rejection of the books of accounts.” ITA Nos.1473 to 1475/Chny/2023

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. BEACH MINERALS SANDS COMPANY, TIRUNELVELI

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos.1473 To 1475/Chny/2023 िनधा"रणवष"/Assessment Years: 2015-16 To 2017-18 & Cross-Objection Nos. 28 To 30/Chny/2024 िनधा"रणवष"/Assessment Years: 2015-16 To 2017-18 & आयकर अपील सं./Ita Nos.13 & 14/Chny/2024 िनधा"रणवष"/Assessment Years: 2013-14 & 2014-15 & Cross-Objection Nos. 26 & 27/Chny/2024 िनधा"रणवष"/Assessment Years: 2013-14 & 2014-15

Section 145(3) of the Act. Accordingly, the books of accounts of the Appellant Firm for the FY(s) 2012-13 is hereby rejected. Thus, having rejected the books of accounts, the business income of the Appellant Firm is required to be estimated under the said provisions, consequent to rejection of the books of accounts.” ITA Nos.1473 to 1475/Chny/2023

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. BEACH MINERALS SANDS COMPANY, TIRUNELVELI

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos.1473 To 1475/Chny/2023 िनधा"रणवष"/Assessment Years: 2015-16 To 2017-18 & Cross-Objection Nos. 28 To 30/Chny/2024 िनधा"रणवष"/Assessment Years: 2015-16 To 2017-18 & आयकर अपील सं./Ita Nos.13 & 14/Chny/2024 िनधा"रणवष"/Assessment Years: 2013-14 & 2014-15 & Cross-Objection Nos. 26 & 27/Chny/2024 िनधा"रणवष"/Assessment Years: 2013-14 & 2014-15

Section 145(3) of the Act. Accordingly, the books of accounts of the Appellant Firm for the FY(s) 2012-13 is hereby rejected. Thus, having rejected the books of accounts, the business income of the Appellant Firm is required to be estimated under the said provisions, consequent to rejection of the books of accounts.” ITA Nos.1473 to 1475/Chny/2023

DCIT CENTRAL CIRCLE 2, TUTICORIN vs. VVD & SONS (P) LIMITED, TUTICORIN

In the result, both the Cross Objections filed by the assessee are allowed and all the appeals filed by the Revenue are dismissed

Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. Nos.2153, 2154 2155 & 2156/Chny/2018 िनधा"रण वष"/Assessment Years: 2013-14, 2014-15, 2015-16 & 2016-17 & C.O. Nos. 132 & 133/Chny/2018 [In Ita Nos. 2153 & 2154/Chny/2018] The Deputy Commissioner Of Vs. M/S. Vvd & Sons (P) Limited, Income Tax, No. 182, Palayamkottai Road, Central Circle 2, Tuticorin 628 008. Madurai. [Pan:Aaacv8438J] (अपीलाथ" /Appellant) (""थ"/Respondent/Cross Objector) अपीलाथ" की ओर से / Appellant By Shri R. Clement Ramesh Kumar, Cit For : Shri M. Rajan, Cit ""थ" की ओर से/Respondent By Shri R. Vijayaraghavan, Advocate : सुनवाई की तारीख/ Date Of Hearing 24.08.2023 : घोषणा की तारीख /Date Of Pronouncement : 13.09.2023 आदेश /O R D E R Per V. Durga Rao: These Four Appeals Filed By The Revenue Are Directed Against The Common Order Of The Ld. Commissioner Of Income Tax (Appeals) 19, Chennai, Dated 23.04.2018 Relevant To The Assessment Years 2013-14, 2014-15, 2015-16 & 2016-17. 2. The Appeals Filed By The Revenue Are Delayed By Three Days For Which, The Revenue Has Filed Affidavits For Condonation Of Delay, To Which 2

reassess taking into consideration the other material in respect of completed assessment/ unabated assessments. Meaning thereby, in respect of completed/unabated 11 I.T.A. Nos.2153-2156/Chny/18 & C.O. Nos. 132-133/Chny/18 assessments, no addition can be made by the AO in absence of any incriminating material found during the course of search under section 132 or requisition under section 132A

DCIT CENTRAL CIRCLE 2, TUTICORIN vs. VVD & SONS (P) LIMITED, TUTICORIN

In the result, both the Cross Objections filed by the assessee are allowed and all the appeals filed by the Revenue are dismissed

Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. Nos.2153, 2154 2155 & 2156/Chny/2018 िनधा"रण वष"/Assessment Years: 2013-14, 2014-15, 2015-16 & 2016-17 & C.O. Nos. 132 & 133/Chny/2018 [In Ita Nos. 2153 & 2154/Chny/2018] The Deputy Commissioner Of Vs. M/S. Vvd & Sons (P) Limited, Income Tax, No. 182, Palayamkottai Road, Central Circle 2, Tuticorin 628 008. Madurai. [Pan:Aaacv8438J] (अपीलाथ" /Appellant) (""थ"/Respondent/Cross Objector) अपीलाथ" की ओर से / Appellant By Shri R. Clement Ramesh Kumar, Cit For : Shri M. Rajan, Cit ""थ" की ओर से/Respondent By Shri R. Vijayaraghavan, Advocate : सुनवाई की तारीख/ Date Of Hearing 24.08.2023 : घोषणा की तारीख /Date Of Pronouncement : 13.09.2023 आदेश /O R D E R Per V. Durga Rao: These Four Appeals Filed By The Revenue Are Directed Against The Common Order Of The Ld. Commissioner Of Income Tax (Appeals) 19, Chennai, Dated 23.04.2018 Relevant To The Assessment Years 2013-14, 2014-15, 2015-16 & 2016-17. 2. The Appeals Filed By The Revenue Are Delayed By Three Days For Which, The Revenue Has Filed Affidavits For Condonation Of Delay, To Which 2

reassess taking into consideration the other material in respect of completed assessment/ unabated assessments. Meaning thereby, in respect of completed/unabated 11 I.T.A. Nos.2153-2156/Chny/18 & C.O. Nos. 132-133/Chny/18 assessments, no addition can be made by the AO in absence of any incriminating material found during the course of search under section 132 or requisition under section 132A

DCIT CENTRAL CIRCLE 2, TUTICORIN vs. VVD & SONS (P) LIMITED, TUTICORIN

In the result, both the Cross Objections filed by the assessee are allowed and all the appeals filed by the Revenue are dismissed

Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. Nos.2153, 2154 2155 & 2156/Chny/2018 िनधा"रण वष"/Assessment Years: 2013-14, 2014-15, 2015-16 & 2016-17 & C.O. Nos. 132 & 133/Chny/2018 [In Ita Nos. 2153 & 2154/Chny/2018] The Deputy Commissioner Of Vs. M/S. Vvd & Sons (P) Limited, Income Tax, No. 182, Palayamkottai Road, Central Circle 2, Tuticorin 628 008. Madurai. [Pan:Aaacv8438J] (अपीलाथ" /Appellant) (""थ"/Respondent/Cross Objector) अपीलाथ" की ओर से / Appellant By Shri R. Clement Ramesh Kumar, Cit For : Shri M. Rajan, Cit ""थ" की ओर से/Respondent By Shri R. Vijayaraghavan, Advocate : सुनवाई की तारीख/ Date Of Hearing 24.08.2023 : घोषणा की तारीख /Date Of Pronouncement : 13.09.2023 आदेश /O R D E R Per V. Durga Rao: These Four Appeals Filed By The Revenue Are Directed Against The Common Order Of The Ld. Commissioner Of Income Tax (Appeals) 19, Chennai, Dated 23.04.2018 Relevant To The Assessment Years 2013-14, 2014-15, 2015-16 & 2016-17. 2. The Appeals Filed By The Revenue Are Delayed By Three Days For Which, The Revenue Has Filed Affidavits For Condonation Of Delay, To Which 2

reassess taking into consideration the other material in respect of completed assessment/ unabated assessments. Meaning thereby, in respect of completed/unabated 11 I.T.A. Nos.2153-2156/Chny/18 & C.O. Nos. 132-133/Chny/18 assessments, no addition can be made by the AO in absence of any incriminating material found during the course of search under section 132 or requisition under section 132A

DCIT CENTRAL CIRCLE 2, TUTICORIN vs. VVD & SONS (P) LIMITED, TUTICORIN

In the result, both the Cross Objections filed by the assessee are allowed and all the appeals filed by the Revenue are dismissed

Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. Nos.2153, 2154 2155 & 2156/Chny/2018 िनधा"रण वष"/Assessment Years: 2013-14, 2014-15, 2015-16 & 2016-17 & C.O. Nos. 132 & 133/Chny/2018 [In Ita Nos. 2153 & 2154/Chny/2018] The Deputy Commissioner Of Vs. M/S. Vvd & Sons (P) Limited, Income Tax, No. 182, Palayamkottai Road, Central Circle 2, Tuticorin 628 008. Madurai. [Pan:Aaacv8438J] (अपीलाथ" /Appellant) (""थ"/Respondent/Cross Objector) अपीलाथ" की ओर से / Appellant By Shri R. Clement Ramesh Kumar, Cit For : Shri M. Rajan, Cit ""थ" की ओर से/Respondent By Shri R. Vijayaraghavan, Advocate : सुनवाई की तारीख/ Date Of Hearing 24.08.2023 : घोषणा की तारीख /Date Of Pronouncement : 13.09.2023 आदेश /O R D E R Per V. Durga Rao: These Four Appeals Filed By The Revenue Are Directed Against The Common Order Of The Ld. Commissioner Of Income Tax (Appeals) 19, Chennai, Dated 23.04.2018 Relevant To The Assessment Years 2013-14, 2014-15, 2015-16 & 2016-17. 2. The Appeals Filed By The Revenue Are Delayed By Three Days For Which, The Revenue Has Filed Affidavits For Condonation Of Delay, To Which 2

reassess taking into consideration the other material in respect of completed assessment/ unabated assessments. Meaning thereby, in respect of completed/unabated 11 I.T.A. Nos.2153-2156/Chny/18 & C.O. Nos. 132-133/Chny/18 assessments, no addition can be made by the AO in absence of any incriminating material found during the course of search under section 132 or requisition under section 132A

M/S BEACH MINERAALS COMPANY,TIRUNELVELI KUTTAM KUTTAM B.O. vs. ACIT CENTRAL CIRCLE-1, , MADURAI

In the result appeal of the assessee is partly allowed

Bench: Shri V. Durga Rao & Shri Arun Khodpiaआयकर अपील सं. / Ita No. 366/Chny/2023 निर्धारण वर्ष / Assessment Year : 2013-14 M/S. Beach Minerals Company 125, Triuchendur Road, Tirunelveli Kuttam, Kuttam B.O. 627 651 Tamil Nadu. Pan : Aajfb3329C .......अपीलार्थी / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Central Circle-1, Madurai. ……प्रत्यर्थी / Respondent आयकर अपील सं. / Ita No. 532/Chny/2023 निर्धारण वर्ष / Assessment Year : 2013-14 The Deputy Commissioner Of Income Tax, Central Circle-1, Madurai. .......अपीलार्थी / Appellant बनाम / V/S. M/S. Beach Minerals Company 125, Triuchendur Road

145(3) of the Act had no application to the appellate powers and ought to have appreciated that in the absence of in the satisfaction on the part of the Assessing Officer on the correctness of the books maintained including the absence of any pleading/prayer/suggestion from the office of the JAO, the rejection of the books of accounts for estimating

DCIT, MADURAI vs. M/S BEACH MINERAALS COMPANY, TIRUNELVELI CHENNAI

In the result appeal of the assessee is partly allowed

Bench: Shri V. Durga Rao & Shri Arun Khodpiaआयकर अपील सं. / Ita No. 366/Chny/2023 निर्धारण वर्ष / Assessment Year : 2013-14 M/S. Beach Minerals Company 125, Triuchendur Road, Tirunelveli Kuttam, Kuttam B.O. 627 651 Tamil Nadu. Pan : Aajfb3329C .......अपीलार्थी / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Central Circle-1, Madurai. ……प्रत्यर्थी / Respondent आयकर अपील सं. / Ita No. 532/Chny/2023 निर्धारण वर्ष / Assessment Year : 2013-14 The Deputy Commissioner Of Income Tax, Central Circle-1, Madurai. .......अपीलार्थी / Appellant बनाम / V/S. M/S. Beach Minerals Company 125, Triuchendur Road

145(3) of the Act had no application to the appellate powers and ought to have appreciated that in the absence of in the satisfaction on the part of the Assessing Officer on the correctness of the books maintained including the absence of any pleading/prayer/suggestion from the office of the JAO, the rejection of the books of accounts for estimating