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
250 ITR 327, has taken a somewhat similar view
and has held "that presumption arising under Section 132
(4A) must be held to be applicable only in relation to the
provisional adjudication as contemplated under sub-section
(5) of Section 132 and the presumption cannot be said to have
the effect of excluding the application of Section
