2011 (3) TMI 79

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....bsp; The appeal has been field by the Income Tax Department (the Department) under Section 260-A of the Income Tax Act (the Act). The appeal has been admitted on the following substantial questions of law:   "(1) Whether on the facts and in the circumstances of the case, Ld. ITAT was legally justified in confirming the relief allowed by Ld. C.I.T. (A) amounting to Rs.39,71,156/- and Rs.....

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.... giving any finding that the provisions of section 145(2) of I.T. Act, on the basis of which additions were made by the Assessing Officer were not applicable?"   The dispute relates to assessment year 1990-91. The assessee - respondent is carrying on business of manufacturing tyres and tubes. The disclosed income of the assessee was not accepted by the assessing officer and certain additio....