THE COMMISSIONER OF INCOME-TAX(EXEMPTIONS) vs. M/S CHOICE FOUNDATION
ITA/180/2019HC Kerala11 Nov 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI
Section 11Section 11(5)Section 12Section 13(8)Section 143(3)Section 148Section 154Section 2(24)(iia)Section 260ASection 263
establishment of the
capital asset by the assessee. Through order in Annexure-B order
22.12.2016, the Commissioner held as follows:
“4.
I have gone through the submissions made by the assessee
during the course of the proceedings u/s 263 of the Income Tax
Act and I find that the assessee has not adduced any convincing
reply to the proposed revision
