SHAFI MUSALIAR SAINALABDEEN MUSALIAR,KOLLAM vs. ITO, WARD 2, KOLLAM

In the result, the appeal of the assessee is allowed and the stay application is dismissed as infructuous

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

delay is condoned, and the appeal is admitted for adjudication on merits. 3. Brief facts of the case are that the assessee, late Shafi Musaliar Sainalabdeen Musaliar (“the deceased”), was engaged in the business of trading in cashew and cashew products in the name of Safi Cashew Industries, Kollam, Kerala, including local purchases/sales, inter-State transactions, import and export