In the result, the appeal by the revenue and the CO by the assessee are dismissed
Bench: Shri George George K. & Ms. Padmavathy Sassessment Year : 2010-11
u/s. 153C of the Act is upheld and order of the CIT(Appeals) is reversed on this issue.” 18. The provisions of section 153C(1) reads as follows – “153C. (1)Notwithstanding anything contained in section 139, section 147, section 148, section 149, section 151 and section 153, where the Assessing Officer is satisfied that,— (a) any money, bullion, jewellery