PRINCIPAL COMMISSIONER OF INCOME TAX,BHUBANESWAR vs. INDUSTRIAL DEVELOPMENT CORPORATION OF ORISSA LTD.
ITA/38/2017HC Orissa14 Nov 2022
Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE MURAHARI SRI RAMAN
Section 143(3)Section 153ASection 153DSection 260
reassessment under Section 153A, no addition
can be made except based on seized material. We
find that the Assessing Officer has placed a copy
of the seized material at page 10 of the
assessment order which clearly shows different
entries recorded by the assessee including an
entry of Mandir and Pooja of Rs.35 lakhs for the
F.Y.2005-06. Therefore, the addition
