2010 (11) TMI 30

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....he assessee under Section 260-A of the Income Tax Act, 1961 (for short, "the Act") against the order of the Income Tax Appellate Tribunal, Chandigarh dated 27.2.2009 in I.T.A. No.59/Chandi/2008 proposing to raise following substantial questions of law:- "i) Whether in the facts, and circumstances of the case, the case appellant fell within clause 2(q) of the guidelines for the scrutiny of the c....

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.... the CBDT guidelines i.e. introduction of fresh capital exceeding 10 lacs. The Assessing Officer, accordingly, made assessment, making addition to the declared income of the assessee. The CIT(A) remanded the matter for fresh assessment by giving further opportunity to the assessee on the quantum of addition. The Tribunal modified the order of the CIT(A) with regard to valuation and left the matter....