SRI. E.NOUSHAD,KOLLAM vs. DCIT, KOLLAN
In the result, the appeals filed by the assessee are allowed, and the stay petitions dismissed as infructuous
ITA 17/COCH/2021[2008-09]Status: DisposedITAT Cochin30 Oct 2023AY 2008-09
Bench: Shri Sanjay Arora & Shri Manomohan Das
For Appellant: Shri Anil D. Nair, AdvocateFor Respondent: Smt. J.M. Jamuna Devi, Sr. DR
Section 132Section 132ASection 153ASection 153C
house (at Rs.3.08 lakhs); (b) source of deposit in bank account with Federal Bank, Thodiyoor Branch (at Rs.3.30 lakhs);and (c) source of purchase of property admitted in net wealth (Rs.3.18 lakhs), made during the year, i.e., aggregating to Rs.9.56 lakhs. There is no reference, he pointed out, to material seized during search in the assessment order. Like-wise