M/S. MATHA ENTERPRISES,,ANGAMALLY vs. ACIT, ERNAKULAM
In the result, the appeals of the assessee in ITA Nos
ITA 304/COCH/2010[2003-04]Status: DisposedITAT Cochin16 Dec 2019AY 2003-04
Bench: Shri Chandra Poojari, Am &Shri George George K, Jm
For Respondent: Sri. Sudhanshu Shekhar Jha, CIT(DR)
established that Kwality
Restaurant was earlier run by one Mr. Prasi Paul and later on M/s.Best Bakery & Ice Cream Parlour.
ITA Nos. 302 to 308/Coch/2010
& 269 to 275/coch/2010
M/s. Matha Enterprises.
by Mr. P.P Mathai. The presumption u/s 132(4A) referred to by the Assessing officer was rebuttable and in the assessee’s case this has been duly done
