2009 (11) TMI 535

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ar Goel J.-At the instance of the Revenue, the following question of law has been referred by the Income-tax Appellate Tribunal, Amritsar Bench, Amritsar, for opinion of this court, arising out of its order dated July 31, 1990, in I. T. A. No. 16(ASR)/1987 for the assessment year 1969-70 :   "Whether on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal is ri....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....al affirmed the said finding. It was observed :   "From the facts of the case, I find that the search and seizure operations had been taken at the business and residential premises of the appellant as far back as August, 1976, and the income of the assess- ment year 1969-70 could be assessed by issuing a notice by March 31, 1978. Notice under section 148 was issued on March 23, 1978, and t....