In the result, the appeal filed by the assessee is dismissed

Bench: Shri Sanjay Arora & Shri Aby T.Varkeyviswanatha Manoj Kumar Pr. Commissioner Of 39/421, Temple Road Income Tax - 1 Kadavanthara Vs. C.R. Building, I.S. Press Road Ernakulam 682020 Kochi 682018 [Pan:Adwpm1619G] [Appellant] [Respondent] Appellant By: Shri K.M.V. Pandalai, Advocate Respondent By: Shri Prasanth V.K., Cit-Dr

property; The assessment was accordingly set aside by him for de novo consideration, and making an assessment in accordance with law per a speaking order. 3. We have considered the rival contentions, and perused the material of record. The assessee’s first objection before us, adverting to the notice u/s. 263(1) of the Act dated