Commissioner of Income Tax, vs. Agricultural Market Committee
ITTA/413/2011HC Telangana17 Nov 2011
Bench: V.V.S.RAO,SANJAY KUMAR
For Appellant: - Suresh Kumar SheetlaniFor Respondent: - Income Tax Officer-1 (3)
Section 133Section 133(6)Section 142(1)Section 143(3)Section 147Section 148Section 260Section 282
4
amount of fictitious sale of shares, which had been
held to be bogus and unexplained income of the
assessee from undisclosed sources vide assessment
order dated 5th December, 2006 under Sections 144
and 147 of the Act.
7.
Aggrieved by the said order, the assessee had
filed an appeal before the first appellate authority. The
first appellant authority vide