2021 (4) TMI 37

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.... COUNSEL FOR SRI. ANNAMALAI. S, ADVOCATE AND SRI. M. LAVA., ADVOCATE For the Respondent : SRI.K.V. ARAVIND., ADVOCATE JUDGMENT Mr. S. Shankar, Senior Counsel for Sri Annamalai S and Sri M.Lava for the assessee. Mr. K.V.Aravind, learned Counsel for the Revenue. 2. This appeal under Section 263 of the Income Tax Act, 1961, has been filed by the Assessee against the order dated 15.3.2019 in ITA N....

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.... case for the earlier previous years there was a favourable order from the Tribunal and thus there is no error moreso prejudicial to the interest of revenue and consequently passed a perverse order on the facts and circumstances of the case? 3. Whether the Tribunal is justified in not holding that the purchases made by the appellant do not come under the purview of provisions of section 30 to 38....