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2015 (5) TMI 1199 - AT - Income TaxProceedings u/s. 153C - Whether the addition made to the total income on account of income generated on sale of liquor not recorded in the books (suppressed sale of liquor) for A.Y. 07-08 can be sustained? - difference of opinion between the two Members constituting the Division Bench of ITAT, Cochin, the matter was referred to the Third Member by the Hon’ble President u/s. 255(4) - HELD THAT:- The Hon’ble Third member has agreed with the view taken by the Hon’ble Judicial Member in respect of both the questions referred above. Accordingly, as per the majority view, both the issues cited above are decided in favour of the assessee.
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