M/S NAVAL K AGARWAL,NAGPUR vs. ASSTT.COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE-1(1), NAGPUR
In the result, this appeal by the assessee is allowed
ITA 32/NAG/2013[2009-10]Status: DisposedITAT Nagpur29 Mar 2017AY 2009-10
Bench: Shri Shamim Yahya & Shri Ram Lal Negi..
For Appellant: Shri K.P. DewaniFor Respondent: Shri A.R. Ninawe
Section 132(1)Section 132(4)Section 143(3)Section 271A
26-03-2009. The assessee vide letter dated 27-02-2009 has given the admission and given details of undisclosed income to the Addl. Director of Income-tax. In our considered opinion this factual aspect clearly brings out the fact that during the course of period of search when the search was subsisting, the assessee vide letter to the Addl