HC Quashes 153C Proceedings; Rural Agricultural Land Sale Not Taxable The assessee, Superb Infotech Pvt. Ltd., filed its return for A.Y. 2007-08 declaring income of Rs. 2.31 lakh. A search was conducted in the case of another group (Kamdhenu Group), but no search was carried out on the assessee. Based on certain documents like partnership…
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