Case Law Details
K Ponmudi Vs ACIT (Madras High Court)
The petitioner has challenged the impugned assessment order on the following grounds:
a) Despite several requests made by the petitioner to the respondents, requesting them to furnish the evidence based on which they have found that M/s. SRS Mining is alleged to have paid Rs.20,00,000/- as illegal payments to the petitioner, the respondents have failed to furnish proof for the same to the petitioner;
b) The petitioner’s request for cross examination of partners of M/s. SRS Mining including one Sirinivasulu was not accepted by the respondents, which is arbitrary and illegal;
c) The demand made in the show cause notice is for a sum of Rs.20,00,000/-, whereas in the impugned assessment order, the tax liability as well as the interest is Rs.78,33,150/- which is arbitrary and illegal.
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