PRINCIPAL DIRECTOR OF INCOME TAX (INVESTIGATION) vs. LALJIBHAI KANJIBHAI MANDALIA
The appeal is allowed and the order passed by the High
C.A. No.-004081-004081 - 2022Supreme Court13 Jul 2022
Bench: HON'BLE MR. JUSTICE HEMANT GUPTA
Section 132Section 132(1)Section 143(3)
capital. The allegation
against the company is in relation to cash deposits of total
6
Rs.13,79,10,500/- soon after demonetization on 08.11.2016. The
satisfaction note prepared by DDIT (Investigation), Unit-1, Jalpaiguri
was approved by Additional Director of Income Tax (Investigation) Unit-
5, Kolkata and further approved by DGIT (Investigation), Kolkata on
07.08.2018. The High Court also quoted
