D.C.I.T., CIRCLE-1, DIBRUGARH vs. RAVI BAMALWA, DIBRUGARH
In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed
ITA 62/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13
Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar
64,48,50,444
10. Keeping in mind the above details, brief facts are that all these assessees are regular income-tax payer.
They were filing their returns regularly and they have filed their returns in these assessment years also under section 139(1) of the Income Tax Act. A search and seizure operation under section
