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TMI Blog2021 (9) TMI 301X X X X Extracts X X X X X X X X Extracts X X X X ..... g Counsel J U D G M E N T (Judgment was delivered by T.S. SIVAGNANAM, J.) This Tax Case Appeal filed by the assessee under Section 260-A of the Income Tax Act, 1961 ("the Act" for brevity), is directed against the order, dated 02.01.2009, passed by the Income Tax Appellate Tribunal, Chennai "D" Bench, in I.T.A.No.1816/Mds/2008, for the Assessment Year 2002-03. 2. The appeal was admitte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for the Assessment Year under consideration, AY 2002-03, was reopened and notice under Section 148 of the Act was issued. From the findings recorded by the Assessing Officer in the Assessment Order, dated 19.12.2007, we find that, initially, the assessee did not extend full cooperation in the reopened assessment proceedings, and ultimately, notice was issued under Section 142(1) of the Act callin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e was requested to furnish the name and address of the Sundry Debtors who gave/settled their amounts by cash with date and the hearing of the case was postponed. However, the assessee was unable to provide any details and filed an affidavit, which was rejected by the Assessing Officer as baseless. Since the assessee has failed to furnish the nature and source for Rs. 70,13,506/- paid to M/s.Aditya ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e also found from the Assessment Order that the approach of the Assessing Officer was reasonable and despite granting sufficient time, the assessee was unable to satisfy the Department by producing necessary documents. Resultantly, the appeal filed was dismissed by the CIT(A) by order dated 03.07.2008. Aggrieved by such order, the assessee preferred an appeal to the Tribunal. 6. The Tribunal, in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nalyzed by the two authorities and the Tribunal, and on account of the inability of the assessee to furnish the details called for, no relief was granted to the assessee. The position has not improved in any manner before us and the assessee is in the same state of affairs. Therefore, we find there is no question of law much less substantial question of law for consideration in this appeal. Theref ..... X X X X Extracts X X X X X X X X Extracts X X X X
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