KRYTHIUM SOLUTIONS P.LTD,KOCHI vs. THE ACIT, KOCHI
In the result, the appeals filed by the assessee are partly allowed for statistical purposes
ITA 161/COCH/2020[2007-08]Status: DisposedITAT Cochin24 Jul 2020AY 2007-08
Bench: Shri George George K
For Appellant: Sri.Raja Kannan, AdvocateFor Respondent: Sri.Mritunjaya Sharma, Sr.DR
Section 109ASection 10ASection 10BSection 143(3)Section 147Section 148
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
