M/S. RAJA TRANSPORTS,,ARIYALUR vs. DCIT, CIRCLE - 1 (1),, TRICHY
In the result, both the appeals filed by the Revenue and the assessee are dismissed
ITA 619/CHNY/2020[2014-15]Status: DisposedITAT Chennai22 Feb 2023AY 2014-15
Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.722/Chny/2020 िनधा"रण वष"/Assessment Years: 2014-15 The Deputy Commissioner Of Vs. M/S. Raja Transports, Income Tax, Circle 1(1), No. 34, Trichy Main Road, No. 44, Williams Road, Cantonment, Ariyalur 621 704. Trichy 620 001. [Pan:Aaefr4385H] (अपीलाथ"/Appellant) (""थ"/Respondent) आयकर अपील सं./I.T.A. No.619/Chny/2020 िनधा"रण वष"/Assessment Years: 2014-15 M/S. Raja Transports, Vs. The Deputy Commissioner Of No. 34, Trichy Main Road, Income Tax, Circle 1(1), Ariyalur 621 704. Trichy 620 001. (अपीलाथ"/Appellant) (""थ"/Respondent) Department By : Shri Ar V Sreenivasan, Addl. Cit Assessee By Shri S. Sridhar, Advocate &’ : Shri N. Arjunraj, Ca सुनवाई की तारीख/ Date Of Hearing : 07.12.2022 घोषणा की तारीख /Date Of Pronouncement : 22.02.2023 आदेश /O R D E R Per V. Durga Rao: Both The Cross Appeals Filed By The Revenue As Well As Assessee Are Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals) 1, Trichy, Dated 19.03.2020 Relevant To The Assessment Year 2014-15. 2
For Respondent: Shri AR V Sreenivasan, Addl. CIT
Section 143(2)Section 143(3)Section 147Section 148Section 194CSection 40
194C of the Act, 30% of ₹.14,78,95,505/- i.e., ₹.4,43,68,652/- was disallowed under section 40(a)(ia) of the Act and added to the total income of the assessee. Accordingly, the assessment was completed under section 143(3) r.w.s. 147 of the Act dated 30.12.2019. The assessee filed an appeal before
