KUNDAN RICE MILLS LTD.,DELHI vs. ACIT, KARNAL

In the result, all the appeals of the department as well as the cross objections of the assessee are allowed for statistical purposes

Bench: Shri N.K.Saini & Shri C.M. Garg

reassessment has to be confined to the additions and disallowances consequent to the material found during the course of the search and does not give power to the AO to reappraise and review the already settled issues and assessments. 4. On the facts and circumstances of the case, Id. CIT(A) has erred both on facts

SAHARA INDIA POWER CORPORATION LTD.,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,