7 results for “house property”+ Section 132(4)clear
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Bench: SANDEEP MEHTA,KULDEEP MATHUR
132 of the Income Tax Act [hereinafter referred to as the “I.T. Act”] was conducted at the residence of the Sri.Jose Thomas, Smt.Gracy Babu and Sri.P.J.Paulose on 04.03.2009 and certain documents were seized. An unsigned draft agreement dated 23.02.2009 was found which indicated that the amount envisaged for settlement of liability was Rs.43.50 crores and that the value