ALICE LOURDES MARTINS,CHINCHINIM vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, PANAJI
ITA 39/PAN/2025[2018-19]Status: DisposedITAT Panaji03 Apr 2025AY 2018-19
Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 039/Pan/2025 Assessment Year : 2018-19 Alice Lourdes Martins 404, 1St-Palvem, Chinchinim Salcete, South Goa, Goa Pan : Abkpl2128D . . . . . . . Appellant
For Appellant: Mr Jayant Volvoikar [‘Ld. AR’]For Respondent: Capt. Pradeep Arya [‘Ld. DR’]
Section 132Section 153CSection 250Section 250(6)Section 251(1)(a)
132 of the Act was carried in the case of ‘Mario
Group’ on 31/01/2018 wherein certain incrementing material were seized which revealed that, the assessee was paid a consideration of ₹8,62,120/- towards her
1/10 share in the immovable property known as ‘Cumbeachem Xeta’ transferred to ‘Jaydyn Hospitality’.
Upon satisfaction that, said transaction was not disclosed in the return
