Commissioner of Income Tax-VI, vs. M/s. Madras Chakkar Beedi Factory Pvt.Ltd.,
The appeal is disposed of
ITTA/211/2013HC Telangana05 Jul 2013
Section 132Section 143(3)Section 147Section 158BSection 2Section 260Section 260A
reassessment
made
protectively under Section 147 for the
assessment years 1996-97 and 1997-98
by holding them as infructuous without
going into the merits of the case when
the issues with reference to unexplained
cash
credits
of
Rs.50
Lakhs
and
Rs.65,10,000/- have been found to be
unexplained?
(ii) Whether the Tribunal was correct in
3
applying
