Sri.Puthookkadan Abdulla Noushad v. The Income Tax Officer

Parties Involved

Facts Summary

The assessee's appeal ITA No.733/Coch/2023 (along with its stay application SA No.166/Coch/2023) for assessment year 2010-2011 arises out of the order of the Commissioner of Income-tax (Appeals)-12, Bengaluru dated 17.08.2023 in the proceedings u/s143(3) of the Income-tax Act, 1961. The assessee's premises were subject to a survey operation u/s133A of the Act dated 24-01-2011, leading to proceedings initiated against the assessee for the assessment years 2009-2010, 2010-2011, and 2011-2012. The assessee's counsel submitted that the issues involved in all the years are common, i.e., estimation of income along with other disputed additions. The assessee prayed to set aside the matter to the file of the CIT(A) for fresh adjudication as per the provisions of law. The DR raised no objection to this request.…

Legal Issues

• 1. Estimation of income and other disputed additions

Judgment Outcome

Decided in favour of Assessee.

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