REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

In the result, the appeals filed by the assessee stand partly allowed statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

158B(b). The new provisions of assessment in the case of a search under section 153A came into force with effect from 1-6-2003 and the said provisions require the Assessing Officer to determine the total income and not the undisclosed income. [Para 18] ■ A plain reading of section 153A shows that, it starts with a non obstante clause