THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. SMT.GRACY BABU,
ITA/54/2020HC Kerala03 Apr 2024
Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
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relinquishment of trusteeship, and hence, had to be brought to tax in
their individual hands. In appeals before the First Appellate
Authority, the Commissioner of Income Tax (Appeals) [CIT (A)] found
that the evidence obtained in the course of search proceedings reveal
that no construction work had actually been undertaken by the said
assessees or any of the trustees