K.R. RAZIYA, vs. COMMISSIONER OF INCOME TAX,
ITA/61/2018HC Kerala14 Mar 2022
Bench: This Court Under Section 260A Of The Income Tax Act 1961 (For Short ‘The Act’). The Details Of Orders Of Assessment Etc. Are Stated In The Following Table:
Section 132Section 142(1)Section 153ASection 153CSection 260A
disallowed
Rs. 5,60,000
Cost of machinery
Rs.75,50,000
Total income assessed
Rs.87,10,000
4.
The assessee raised two principal objections, one
under Section 153A r/w 153C