KRYTHIUM SOLUTIONS P.LTD,KOCHI vs. THE ACIT, KOCHI

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

Bench: Shri George George K

147 will be invalid, if the assessing authority allowed the claim after verification of the records, under the scrutiny assessment under Section 143(3) of the Act. (Refer; CIT v. Usha International Ltd.; reported in (2012) 348 ITR 485 (Del.). During the scrutiny assessment under Section 143(3) of the Act, an opinion was formed qua the claim made under