2013 (9) TMI 757

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....e,.Mr. Ajit Sihag, Advocate For the Respondent : Mr. Sandeep Khunger, Advocate,.Mr. Avneesh Jhingan, Advocate ORDER Rajive Bhalla, J. (Oral) By way of this order, we shall dispose of ITAs No.257, 258, 259 and 270 of 2012 as they involve adjudication of same questions of law and pertain to the same assessee, except ITA No.270 of 2012 which pertains to another assessee. For the sake of c....

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.... assessee has concealed its sales, approval was sought from the Joint Commissioner of Income Tax, Range-III, Amritsar, and a notice under Section 148 of the Act was served upon the assessee. The assessee filed returns on 15.04.2008. The Assessing Officer vide order dated 30.12.2008 ordered an addition of Rs.61,42,981/-. Aggrieved by this order, the assessee filed an appeal before the CIT (A) which....

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....the 1961 Act. It is further submitted that though in ITA No.270 of 2012, no such order has been passed, Assessing Officer may be allowed to pass an appropriate order as and when and if an adverse order is passed under the 1961 Act. Counsel for the assessee is not in a position to deny that fresh orders have been passed under the 1961 Act but urges that as the assessment order has been set aside....

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....risdiction as would require interference. However, as it is urged by counsel for the revenue and not denied by counsel for the assessee that fresh proceedings under the 1961 Act have led to passing of a fresh order against assessees, arrayed as respondents, in ITAs No.257, 258 and 259 of 2012 holding them liable for payment of additional market fee, interest etc., the Assessing Officer would be re....