COMMISSIONER OF INCOME TAX (IT & TP) vs. M/S. DONGFANG ELECTRIC CORPORATION
ITAT/66/2018HC Calcutta09 Jul 2021
Bench: : The Hon’Ble Justice Surya Prakash Kesarwani
Section 132(1)Section 132(4)Section 133ASection 139Section 153ASection 271(1)(c)Section 274
5A to Section 271(1) of the Act, 1961 is
plain and unambiguous. It applies to cases where, in the course of
search initiated under Section 132 or after the 1st day of June 2007, the
assessee is found to be the owner of any asset as mentioned in clauses
(i) or (ii) representing his income in any previous year
