THE COMMISSIONER OF INCOME TAX-1, KOCHI vs. M/S.COCHIN MALABAR ESTATES & INDUSTRIES LTD.
ITA/179/2014HC Kerala28 Oct 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI
Section 143(2)Section 2(14)Section 2(14)(iii)Section 260A
96,323/-. On 28.10.1997 income tax
return was processed and a refund of Rs.6,08,136/- was ordered
in favour of the assessee. Subsequently, scrutiny notice under
Section 143(2) of the Act was issued to the assessee. The
Assessing Officer, in the scrutiny assessment, examined the sale
of schedule property by MoA dated 01.12.1995 read with sale
deed dated
