DCIT CC 2 2 , CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

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

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

Section 153C of the Act fro analyzed the entire statutory framework of Section 153C of the Act fro analyzed the entire statutory framework of Section 153C of the Act from its introduction to the amendment by Finance Act, 2017 and its its introduction to the amendment by Finance Act, 2017 and its its introduction to the amendment by Finance

DCIT CC 2 2 , CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

153C of the Act requiring it to\nsubmit a true and correct return of its total income for AY 2011-\n12. The aforesaid notice was followed by a communication dated 22\nDecember 2022 under Section 142(1) requiring the petitioner to\nproduce accounts and documents as per the annexure appended\nthereto. A follow-up notice under Section

DCIT CC 2 2 , CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

153C of the Act requiring it to\nsubmit a true and correct return of its total income for AY 2011-\n12. The aforesaid notice was followed by a communication dated 22\nDecember 2022 under Section 142(1) requiring the petitioner to\nproduce accounts and documents as per the annexure appended\nthereto. A follow-up notice under Section

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

Bench: Shri Aby T. Varkey & Shri Amitabh Shuklaआयकरअपीलसं./Ita Nos. 1613 To 1615/Chny/2025 िनधा"रणवष"/Assessment Years: 2018-19 & 2019-20

bogus purchases were identical in both the AYs 2018-19 & 2019 19 & 2019-20 impugned before us. Both the parties have Both the parties have also argued these appeals together. eals together. Hence, for the sake of convenience, Hence, for the sake of convenience, ITA Nos.1613 to 1615 1613 to 1615 /Chny/2025 & ITA Nos.1547 & 1548/Chny/2025 ITA Nos.1547 & 1548/Chny/2025

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

Bench: Shri Aby T. Varkey & Shri Amitabh Shuklaआयकरअपीलसं./Ita Nos. 1613 To 1615/Chny/2025 िनधा"रणवष"/Assessment Years: 2018-19 & 2019-20

bogus purchases were identical in both the AYs 2018-19 & 2019 19 & 2019-20 impugned before us. Both the parties have Both the parties have also argued these appeals together. eals together. Hence, for the sake of convenience, Hence, for the sake of convenience, ITA Nos.1613 to 1615 1613 to 1615 /Chny/2025 & ITA Nos.1547 & 1548/Chny/2025 ITA Nos.1547 & 1548/Chny/2025

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. SOUTHERN AGRIFURANE INDUSTRIES PVT LTD, CHENNAI

Bench: Shri Aby T. Varkey & Shri Amitabh Shuklaआयकरअपीलसं./Ita Nos. 1613 To 1615/Chny/2025 िनधा"रणवष"/Assessment Years: 2018-19 & 2019-20

bogus purchases were identical in both the AYs 2018-19 & 2019 19 & 2019-20 impugned before us. Both the parties have Both the parties have also argued these appeals together. eals together. Hence, for the sake of convenience, Hence, for the sake of convenience, ITA Nos.1613 to 1615 1613 to 1615 /Chny/2025 & ITA Nos.1547 & 1548/Chny/2025 ITA Nos.1547 & 1548/Chny/2025

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

Bench: Shri Aby T. Varkey & Shri Amitabh Shuklaआयकरअपीलसं./Ita Nos. 1613 To 1615/Chny/2025 िनधा"रणवष"/Assessment Years: 2018-19 & 2019-20

bogus purchases were identical in both the AYs 2018-19 & 2019 19 & 2019-20 impugned before us. Both the parties have Both the parties have also argued these appeals together. eals together. Hence, for the sake of convenience, Hence, for the sake of convenience, ITA Nos.1613 to 1615 1613 to 1615 /Chny/2025 & ITA Nos.1547 & 1548/Chny/2025 ITA Nos.1547 & 1548/Chny/2025

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

In the result, both the appeals filed by the Revenue and the\nassessee are dismissed

bogus purchases. Apart from the\nforegoing, the AO is also noted to have made addition(s)/disallowance(s)\non account of deduction(s) claimed u/s 80G / 80GGB, disallowance u/s\n14A of the Act and disallowance of certain items of expenses.\n3. Aggrieved by the above order(s) of the AO, the assessee preferred\nappeal before