KESARWANI & CO.,ALLAHABAD vs. JT.CIT,, ALLAHABAD
In the result the appeal of the assessee is partly allowed
ITA 389/ALLD/2014[2005-06]Status: DisposedITAT Allahabad29 Nov 2024AY 2005-06
For Appellant: Sh. Praveen Godbole, C.AFor Respondent: Sh. Neel Jain, CIT DR
Section 132Section 143(1)Section 153ASection 153A(1)(b)Section 271(1)(c)Section 36(1)
2 ITR
(Trib) 178 (Coch) and DCIT vs. Natrajan (K.)(2010), (Bangalore ITAT), to hold that the requirement that the assessment should be confined to the undisclosed income found during the search were no longer necessary under the new system of assessment. The ld. CIT(A) recorded his respectful disagreement with the decision of the Special Bench Mumbai
