Appellate Forums while reversing orders of AO are legally bound to dwell upon specific reasons assigned by AO for not accepting explanation of assessee that statement made by him u/s 132(4) was obtained under coercion and duress

DECIDED BY: HIGH COURT OF KERALA, IN THE CASE OF: ACIT Vs. Hukum Chand Jain, APPEAL NO: ITA Nos. 18 and 20 to 22 of 2006, DECIDED ON August 10, 2009

JUDGMENT

Ramachandran Nair, J.

Though the issue raised in these connected appeals filed by the Revenue stands decided in favour of the assessees by Division Bench judgment of this court in SOUTH INDIAN BANK LTD. V. COMMISSIONE

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