MUBAISE PARAYIL,IRITTY vs. INCOME TAX OFFICER, WARD 3, KANNUR, KANNUR

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

reassessment proceedings under section 147 of the Income-tax Act, 1961, by issuing a notice under section 148, upon receipt of information that the assessee had deposited cash of Rs.1,12,97,550/- in its bank account with South Indian Bank, which had not been disclosed to the Income Tax Department. Despite issuance of notices under sections

A & B ASSOCIATES,THIRUVANANTHAPURAM vs. THE INCOME TAX OFFICER, THIRUVANANTHAPURAM

In the result, the appeal of the assesse is allowed for statistical purpose