SUBHASH CHAND CHORARIA,GUWAHATI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 2, GUWAHATI

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Shri Manomohan Das & Shri Rakesh Mishra

house property and other sources. The case was selected for limited scrutiny through Computer Aided Scrutiny Selection (CASS), with the primary issue being the unexplained cash deposit of ₹37,00,000/- during the demonetization period. The Assessing Officer (hereinafter referred to as Ld. 'AO') observed that while the assessee received his rental income through banking channels, he had deposited

L.K. TEA COMPANY PRIVATE LIMITED,DIBRUGARH vs. INCOME TAX OFFICER, WARD-2(1), DIBRUGARH

Bench: Shri S.S.Godara & Dr. A.L.Saini

140 ITO 6 Rajkot (SB), assessee filed return on 31.01.2007 which was due on 31.12.2006. It claimed deductions u/s10A of the Act. According to proviso to section 10A(IA) of the Act, the deduction could be ITA No.306-307/Kol/2018 A.Ys. 15-16 & 16-17 L.K. Tea Co.Pvt. Ltd Vs. ITO Wd-2(1), Dibrugarh Page 3 claimed only if return

L.K. TEA COMPANY PRIVATE LIMITED,DIBRUGARH vs. INCOME TAX OFFICER, WARD-2(1), DIBRUGARH

Bench: Shri S.S.Godara & Dr. A.L.Saini

140 ITO 6 Rajkot (SB), assessee filed return on 31.01.2007 which was due on 31.12.2006. It claimed deductions u/s10A of the Act. According to proviso to section 10A(IA) of the Act, the deduction could be ITA No.306-307/Kol/2018 A.Ys. 15-16 & 16-17 L.K. Tea Co.Pvt. Ltd Vs. ITO Wd-2(1), Dibrugarh Page 3 claimed only if return