PRINCIPAL COMMISSIONER OF INCOME TAX-1 vs. M/S. M.M. ENGINEERS AND CONSULTANTS
ITA/72/2022HC Orissa08 Jan 2026
Bench: MR. JUSTICE HARISH TANDON (CJ),MR. JUSTICE MURAHARI SRI RAMAN
For Respondent: Mr. Chetan Sharma, Additional Solicitor General alongwith Mr
Section 132(4)Section 3(1)Section 482
c)
Detenu No. 2 used to charge Rs.10,000/- from Detenu No. 1 as
agency charges through banking channel and, since the goods
imported by Detenu No.1 were highly undervalued, Detenu
No.2 used to charge Rs. One lakh per consignment in cash over
and above the agency charges, for smooth clearance of the
under-invoiced and under-valued imported goods
