Appeals are disposed of in the terms and observation made as above
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
section 292C of Income Tax Act would raise a presumption that notice has been served properly upon the appellant. In respect of reasons not been properly recorded, it is to be seen that in the course of the survey proceedings both the appellants were examined and the statements were recorded. In the statements, there has been categorical admission of having