DCIT, CENTRAL CIR-2(3), CHENNAI vs. RAI SHARES & SECURITIES P LTD, CHENNAI

The appeals of the revenue stand allowed for statistical purposes

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

section 153C was duly recorded and thus, notice issued to file return to assessee was justified." 2.4 The Id.CIT(A) ought to have upheld the jurisdiction of the AO exercised U/S.153C having regard to the Hon' Jurisdictional High Court decision in the case of CIT vs. Rangroop Chand Chordia (241 Taxman 221) that loose sheets constitute documents

DCIT, CENTRAL CIR-2(3), CHENNAI vs. OJASVI MOTOR FINANC P LTD, CHENNAI

The appeals of the revenue stand allowed for statistical purposes

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am