BHAGYA KALITA,GUWAHATI vs. ACIT, CENTRAL CIRCLE-1, GUWAHATI

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

Bench: Shri Manomohan Das & Shri Rakesh Mishra

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessee belonging to ‘Contractors Group’. Subsequent to the notice issued u/s 153A of the Act, the return of income for the above assessment year was filed on 29.11.2021 showing total income of ₹11,46,00,570/-, the case was taken up under