P.R. METRANI vs. COMMNR. OF INCOME TAX, BANGALORE
Appeals are allowed
C.A. No.-005673-005675 - 2002Supreme Court15 Nov 2006
For Respondent: Commissioner of Income Tax, Bangalore
Section 132Section 132(5)Section 139(2)Section 143(2)Section 69C
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of the Act, it has been held that the same is not limited to the
passing of an order under sub-section (5) of Section 132 only;
the same presumption can be raised for framing the regular
assessment as well. The Bench has recorded its dissent with
the view taken by the Allahabad High Court
