2010 (1) TMI 271

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.... has approached this court challenging the order dated February 8, 2008, passed by the Income-tax Appellate Tribunal, Bench B, Chandigarh (for brevity "the Tribunal") in I. T. A. No. 895/ CHD/ 2006 in respect of the assessment year 2003-04. The Revenue has claimed that the following substantive question of law would emerge for determination of this court: "Whether in the facts and circumstances....

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....onal accounts in spite of availability of final audited accounts. For the assessment years 1999-2000 and 2000-01, returns were filed in response to notices issued under sections 147 and 148 of the Act which were accompanied by final audited accounts. However, the assessment was framed on the basis of provisional accounts submitted with the original return and the Assessing Officer ignored the fina....