2009 (4) TMI 405

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....rred to as "the Act" , in respect of the assessment year 1989-90, was originally framed on December 4, 1990. On the basis of the report of the Departmental Valuation Officer in respect of investment made in the construction of building by the respondent-assessee at building material market in Juhi, Kanpur, proceedings under section 147/148 of the Act was initiated and, vide order dated March 27, 2....

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....sing Officer was fully justified in taking recourse to the provisions of under section 147/148 of the Act on the basis of the report on the Departmental Valuation Officer. 4. We have perused the three orders passed by the authorities filed along with the memo of appeal as also the proviso of section 142A of the Act which is as under: "Provided that nothing contained in this section shall app....