2010 (11) TMI 854

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....ukhi, Advocate and Mr. A.K. Jain, Advocate ORDER Ajay Kumar Mittal, J. 1. This petition under Section 256(2) of the Income Tax Act, 1961 (in short "the Act") seeks mandamus to the Income Tax Appellate Tribunal, Chandigarh Bench, Chandigarh (hereinafter referred to as "the Tribunal") to refer the following question of law to this Court for its opinion:- "Whether on the facts and in the ....

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....IT(A)"] who deleted the said addition holding that the assessee had disclosed a sum of Rs.2,40,000/- for the assessment year 1976-77 and a sum of Rs.3,50,000/- for the assessment year 1977-78 under the Amnesty Scheme, 1985. Against the order of the CIT (A), the department filed an appeal before the Tribunal. The Tribunal upheld the order of the CIT (A) and dismissed the appeal of the department. T....

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....cheme, 1985. The note appended with the disclosure petition read, "It is understood that the amount of Rs.3,50,000/- was available with the firm/partners as on 31.3.1977 and in subsequent years till today." The amounts referred to supra have been assessed as per the disclosure of cash available with the appellant, by the learned ACIT for the asstt. year 1976-77 vide order dated 31.5.1988, and for ....