Reliance is placed by him on the decision in M/s Andaman Timber
Industries (Civil Appeal No. 4228 of 2006) SC, Reliance Corporation v. ITO
(ITA No.1069/Mum/2017), ITO v. Gujarat Construction (ITA No.
7040/Mum/2016) and ITO v. Vikram Muktilal Vora (ITA No.
842/Mum/2017) in respect of the 1st, 2nd, 3rd and 4th ground of appeal.