2017 (6) TMI 1339

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.... FCA & Adv. For the Respondent : Mr.B.Naveen Kumar, JCIT ORDER PER BENCH: These are the appeals filed by the assessee against the orders of the Commissioner of Income Tax, Appeals (Central)-I, Chennai, in Appeal Nos.75/2012-13 dated 24.06.2014 for the AY 2000-01, No.76/2012-13 dated 24.06.2014 for the AY 2001-02, No.77/2012-13 dated 24.06.2014 for the AY 2002-03, No.78/2012-13 dated 24....

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....or the various assessment years. It was a further submission that the AO has also not considered the fact that the assessee was a whole-sale dealer and was having credit facility. It was a submission that before the Ld.CIT(A) the assessee was not represented by any Counsel but the assessee himself had appeared and had filed a letter dated 11.06.2014 to the Ld.CIT(A) wherein the assessee had attemp....

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....t adequate relief. It was a submission that the orders of the Ld.CIT(A) was liable to be upheld. 5. We have considered the rival submissions. The fact that the total income of the assessee for the AYs 2000-01 to 2006-07 has come down from Rs. 125 Cr. to Rs. 18.5 Cr. on the basis of the mere evidences which have been produced before the AO itself given ground to grant the assessee one more oppor....