2018 (9) TMI 1473

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....Judgment of the Court was delivered by T.S.Sivagnanam, J.] This appeal filed by the Revenue is directed against the order passed by the Income Tax Appellate Tribunal Bench "A", Chennai, in I.T.A.No.2025/Mds/2006, dated 14.03.2008 for the Assessment Year 1998-1999. 2. The appeal has been admitted vide order dated 01.09.2008 on the following substantial question of law: "Whether in the facts an....

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....with the return of income. Therefore, the Tribunal held that there is no failure on the part of the Assessee to disclose fully and truly all material facts. Furthermore, it was pointed out that the figures and reasons for reopening were picked up from the assessee's accounts submitted along with return. In the said factual position, the Tribunal placed reliance on the decision in the case of C....