2022 (6) TMI 1419

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r. Justice C.M. Poonacha For the Appellant : Shri. M.V.Seshachala, Senior Advocate For Shri. Aravind V. Chavan, Advocate For the Respondents : Shri. M. Dilip, Advocate For Shri. K.V. Aravind, Advocate JUDGMENT This appeal has been admitted to consider the following questions of law; "1. Whether the Appellate Authorities were correct in holding that in respect of assessment yea....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... respondents. 3. Shri Seshachala, learned Senior Advocate mainly contended that the documents seized during the course of search and seizure proceedings and marked as A/1/MKP from the assessee reflected the amount collected on behalf of the co-operative societies and the said amount is not an income in the hands of the assessee. 4. Shri Dilip for the revenue submitted that the contents of th....