COMMISSIONER OF INCOME TAX (EXEMPTIONS) vs. M/S. ROLAND EDUCATIONAL AND CHARITABLE TRUST
ITA/25/2022HC Orissa09 Feb 2023
Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE MURAHARI SRI RAMAN
Section 143(1)Section 143(3)Section 148
143(1) at the declared income of
Rs. 4,200. In view of these facts, I have reason to believe
that the amount of such transactions particularly that of
Rs. 5,00,000 (as mentioned above) has escaped the
assessment within the meaning of the proviso to section
147 and clause (b) to Explanation 2 of this section.
Submitted