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

KERALA STATE ELECTRICITY BOARD LTD,THIRUVANANTHAPURAM vs. THE ACIT, CIR-1(1), TVM, TVM

In the result, all the appeals filed by the assessee stands allowed for statistical purposes