G.SHANMUGANATHAN,COIMBATORE vs. DCIT, COIMBATORE
In the result, the appeal filed by the assessee is allowed
ITA 2273/CHNY/2015[2007-08]Status: DisposedITAT Chennai15 Jul 2022AY 2007-08
Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No. 2273/Chny/2015 िनधा"रण वष"/Assessment Year:2007-08 Shri G. Shanmuganathan, The Deputy Commissioner Of C/O S. Ramachandran, B. Com, Fca, Vs. Income Tax, Chartered Accountant, “Sethuram” Central Circle I, No. 15, Sundaresa Iyer Layout, Trichy Coimbatore. Road, Coimbatore 641 018. [Pan:Aqeps4036J] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri S. Ramachandran, C.A. ""थ" की ओर से/Respondent By : Shri P. Sajit Kumar, Jcit सुनवाई की तारीख/ Date Of Hearing : 22.06.2022 घोषणा की तारीख /Date Of Pronouncement : 15.07.2022 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals) 18, Chennai, Dated 15.10.2015 Relevant To The Assessment Year 2007-08. 2. Facts Are, In Brief, The Assessee Is A Partner In Firms Doing Export Business As Well As In Real Estate & Also Director In Textile Mills & Plantation Companies. There Was A Survey Conducted Under Section 133A Of The Income Tax Act, 1961 [“Act” In Short] In The Business
For Appellant: Shri S. Ramachandran, C.AFor Respondent: Shri P. Sajit Kumar, JCIT
Section 133ASection 147Section 148Section 69Section 69B
147 of the Act and issued notice under section 148 of the Act dated 25.08.2011. The assessee had originally filed the return of income for this assessment year on 21.11.2008 admitting income of ₹.85,84,920/-. In response to the notice under section 148 of the Act, the assessee filed another return of income on 04.11.2011 admitting the same total