In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes
Bench: Shri Manomohan Das & Shri Rakesh Mishra
50C these cannot be treated as incriminating. Further our assessment has been framed u/s 143(3) for the A.Y 14-15 in which one of the major property has been purchased & AO in the assessment order has recorded finding also. Thereafter for the A.Y 2017-18 also scrutiny assessment has been made. ON MERIT OF THE CASE 14. That