M/S SANTHIMADOM HERBAL CITY TRUST,ERNAKULAM vs. ACIT CENTRAL CIRCLE 2, KOCHI
In the result, the assessee’s appeals are partly allowed
ITA 921/COCH/2022[2009-10]Status: DisposedITAT Cochin14 Nov 2023AY 2009-10
Bench: Shri Sanjay Arora, Am & Shri Manomohan Das, Jm
For Appellant: Sri.Mathew Joseph, CAFor Respondent: Smt.J.M.Jamuna Devi, Sr.DR
Section 132Section 144Section 153ASection 153C
131 (Ker)), was that the same would by itself, without anything more, trigger the jurisdiction to assess, abating all pending assessments, the second, which found favour with the Hon’ble Apex Court, is that it would only be on the strength of materials found during search, and not otherwise.
As such, if no incriminating material indicating undisclosed income
