SRI.PARAYARUKANDY VETTATH GANGADHARAN,CALICUT vs. THE DCIT CIRCLE-1(1), CALICUT
In the result, the instant appeal by the assessee is dismissed
ITA 157/COCH/2023[2007-08]Status: DisposedITAT Cochin12 Apr 2024AY 2007-08
Bench: Shri Sanjay Arora & Shri Manomohan Dasparayarukandy Vettath Gangadharan Dy. Cit, Circle - 1(1) Kerala Transport Company (Decd., Calicut Vs. Represented By Lrs.) K.T.C. Building, Ymca Calicut 673001 [Pan: Adhpg8318B] (Appellant) (Respondent)
For Appellant: Shri Suresh Kumar C., CAFor Respondent: Smt. J.M. Jamuna Devi, Sr. D.R
Section 147Section 148Section 149Section 150(1)Section 153Section 2(22)(e)Section 268A
147 assessment on the partnership firm.
3.3
Our first observation in the matter is that the language of Explanation 3 to s.
153(3)(ii), defining the scope of the provision inasmuch as the conditions of ss.
150(1) and 153(3)(ii) are deemed as satisfied on hearing the ‘other person’, does not in any manner preclude the applicability
