2024 (7) TMI 659

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.... M. P. Nos. 15493 & 15494 of 2024 - -<br>Income Tax<br>Hon&#39;ble Mr. Justice Senthilkumar Ramamoorthy For the Petitioner : Ms. Manasa Ananthan For the Respondent : Mrs. A.P. Srinivas. Senior Standing Counsel ORDER An assessment order dated 28.03.2024 for assessment year 2022-23 is challenged on the ground of breach of principles of natural justice. 2. After issuing notices under S....

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....that the confirmed tax proposal relates to purchases made by the petitioner from about 61 vendors. During assessment proceedings, she submits that the petitioner submitted a presentation, wherein, inadvertently, the petitioner failed to remove double entries relating to payments reflected in journal entries in the head and branch offices. If the invoices and the reconciliation statements are exami....

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....mits that the assessing officer examined the confirmation letters provided by the 61 vendors. Out of the 61 vendors, he submits that the confirmation letters from 41 parties tallied with the purchase value indicated by the petitioner. Since the documents on record and replies of the petitioner were duly considered, learned senior standing counsel submits that no case is made out for interference u....

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....ovided to the assessee to substantiate its claim towards purchases made from the above parties, however, the assessee has not submitted any invoice copies towards the purchases made." The above paragraphs disclose that the invoices were not accessible to the assessing officer. 6. The petitioner has placed on record the relevant e-mail, which prima facie shows that invoices from 30 vendors ar....