NCC LIMITED, HYDERABAD,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(1), HYDERABAD, HYDERABAD

Accordingly, we delete the same. Thus, this ground is partly allowed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

292C that is required to undertake against the assessee as the document was found from the premises of the assessee referred to in para 4.12 and therefore, the contents thereof are required to be true. The learned DR further relied on the decisions of Hon'ble Supreme Court in the case of Sun Engineering (supra) to buttress that the assessee

ACIT, CENTRAL CIRCLE-1(1), HYDERABAD, HYDERABAD vs. NCC LIMITED, HYDERABAD, HYDERABAD

Accordingly, we delete the same. Thus, this ground is partly allowed