Ramnagar Developent Corporation, Mumbai vs. Asst CIT Cen Cir 21, Mumbai
In the result, the appeals filed by the assessee in ITA N0
ITA 7421/MUM/2012[2009-10]Status: DisposedITAT Mumbai22 Aug 2016AY 2009-10
Bench: Shri Saktijit Dey & Shri Ramit Kocharआयकर अपील सं./I.T.A. No. 76/Mum/2012 ("नधा"रण वष" / Assessment Year : 2007-08) आयकर अपील सं./I.T.A. No. 77/Mum/2012 ("नधा"रण वष" / Assessment Year : 2008-09) आयकर अपील सं./I.T.A. No. 7421/Mum/2012 ("नधा"रण वष" / Assessment Year : 2009-10)
For Respondent: Shri A.K. Srivastava,CIT DR
Section 132Section 132(1)Section 139(1)Section 143(3)Section 153A
…of Harish Textile Engineers Ltd. v. DCIT, [2015] 63 taxmann.com 66 (Bombay), in the case of Mahabir Prasad Rungta v. CIT, [2014] 43 taxmann.com 328 (Jharkhand) and also the decision of the ITAT Jaipur Bench in the case of Harishchand & Brothers v. ITO [1998] 64 ITD 331(JP) and submitted that incriminating material has been found during the course of search operations which clearly indicates that the assessee had concealed its income. The learned CIT DR submitted that there is no infirmity in the order of the ld CIT(A) and the same should be confirmed. 9. In the rejoinder, the ld. Counsel for the assessee submit…