94 results for “section 68”+ Section 40clear
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In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed
Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar
40. With the assistance of ld. Representatives, we have gone through the record carefully. Name of this assessee is not available in the Panchnama and, therefore, it is construed that no search was carried out upon him and if no search was carried out upon him, then, no 153A could be passed. The opening line of section 153A