BHIMA JEWELLERS vs. COMMISSIONER OF INCOME TAX,
ITA/15/2021HC Kerala25 Aug 2022
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI
For Appellant: M/S BHIMA JEWELLERSFor Respondent: COMMISSIONER OF INCOME TAX
Section 115Section 115BSection 263Section 68Section 69Section 69ASection 69BSection 69CSection 69D
120/-.
ITA No.15 of 2021 -5-
The Commissioner, in exercise of power under Section 263
of Income Tax Act, 1961 issued notice dated 18.03.2016 on the
following grounds proposing to re-open the assessment.
“It is seen from the records that the assessee had
unexplained credits to the tune of Rs.1,86,00,000/-
in capital account
