https://www.taxtmi.com/caselaws?id=56421 The Tribunal upheld the CIT(A)'s decision, granting the benefits of the Amnesty Scheme to the assessee, as no positive detection of concealed income had been made before the revised returns were filed. The additions made by the AO based on seized diaries were set aside, directing consideration of peak credits. The order passed under sections 143(3) r/w 147 was remitted for fresh adjudication, while the legality of notices issued under section 148 was upheld. The Revenue's appeals were dismissed, and the cross-objections were allowed for statistical purposes, except those challenging the legality of notices under section 148, which were dismissed. en-us Thu, 19 Dec 1996 00:00:00 +0530 Fri, 03 Dec 2010 15:35:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56421 The Tribunal upheld the CIT(A)'s decision, granting the benefits of the Amnesty Scheme to the assessee, as no positive detection of concealed income had been made before the revised returns were filed. The additions made by the AO based on seized diaries were set aside, directing consideration of peak credits. The order passed under sections 143(3) r/w 147 was remitted for fresh adjudication, while the legality of notices issued under section 148 was upheld. The Revenue's appeals were dismissed, and the cross-objections were allowed for statistical purposes, except those challenging the legality of notices under section 148, which were dismissed. Case-Laws Income Tax Thu, 19 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56421