ASSISTANT COMMISSIONER OF INCOME TAX, COIMBATORE vs. KAMATCHIPURAM VELLINGIRI JAYARAMAN, COIMBATORE

Appeal of the revenue is dismissed, where as the Cross objection of the assessee is allowed

Bench: Shri Manu Kumar Giri & Shri S.R.Raghunatha

250/- and added to the total income. Further, during reassessment proceedings, the assessee was also asked to furnish details of Other expenses to the tune of Rs.39,19,696/- vide notice u/s 142(1) dated 28.02.2022, with supporting vouchers, which were not produced. He produced a ledger for the same and the expenses were in Cash and intentionally booked below

SOUTHERN AGRIFURANE INDUSTRIES PVT. LTD.,CHENNAI vs. ACIT, CENTRAL CIRCLE-2(2),, CHENNAI

In the result, both the both the appeals filed by the Revenue and the Revenue and the