information are being gathered, details of stock particulars and sales effected in Erode Shandy could not be produced earlier and given the time the assessee ... certificate of the District Chamber of Commerce and Industry at Erode dated 17-11-1999 and a letter from the Central Warehousing Corporation dated
permiscs of Shri K.V. Laxmanan at 472 to 474, Valayakara Street, Erode under warrant of authorisation issued against Shri K.V. Laxmanan ... premises searched, were also seized :--
1. M/s. Rana Investments, Erode. (Shri K. V. Laxmanan is a partner).
2. M/s. Rana Cotton Yarn Centre
Income-Tax Officer vs Erode Service on 9 July, 1982
Equivalent citations: [1983]3ITD755(MAD)
ORDER
T.N.C. Rangarajan, Judicial Member
1. This appeal
permises of Shri K. V. Laxmanan at 472 to 474, Valayakara Street, Erode under warrant of authorisation issued against Shri K. V. Laxmanan ... premises searched, were also seized :-
1. M/s. Rana Investments, Erode. (Shri K. V. Laxmanan is a partner).
2. M/s. Rana Cotton Yarn Centre
appeals as under :
S. Moharned Hassan 11, Annaji Street,
Chartered Accountant Erode- 638 001.
Dt. 23-3-2000
To
The CIT(A),
IT Office, Chennai ... 1745/1(1) Erode]
Since the above cases with further assessments for the year 1994-95, 1995-96 and
1997-98 is to be taken
into any refinancing/guarantee agreements, the bad and doubtful debts would have eroded its financial structure and brought its business to a grinding halt
statements from various bank accounts to be collected quickly. (The ADI, Erode was contacted over telephone today to help the Assessing Officer in this regard
could be taken as investments made to yield income, which investments have eroded in its true value and because the realizable market value
order of the Assistant Commissioner of Income-tax, Special Investigation Circle, Erode, dated February 28, 1997, passed under section 143(3) read with section 158BC
received a loan of Rs. 2 lakhs from P.C. Palaniswamy of Erode for making investments in Sri Bala & Co. and M/s. Bharani
