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In the result, all the appeals filed by the assessee as well as the Revenue are treated as allowed for statistical purposes
Bench: Shri Rama Kanta Panda & Shri K. Narasimha Chary
search and seizure operation under section 132 of the Income Tax Act, 1961 (‘the Act’) was carried out in the case of the assessee company and its group on 14/03/2016 during which certain incriminating material was found and seized. Accordingly, notice under section 153A of the Act dated 17/07/2017 was issued and served on the assessee in response to which