2009 (11) TMI 1008

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.... Respondent : ADV. SRI. JOSE JOSEPH, SC FOR IT DEPT. JUDGMENT Ramachandran Nair, J. Heard counsel for the appellant. The appeal is filed against the order of the Tribunal disposing of assessment appeal by the assessee for the year 1992-93. The assessee who was the Managing Partner of two firms during the previous year did not file any return. A search was carried out in the premises under....

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....icer estimated that the net profit from business is Rs. 75,000/-. On appeal, the Tribunal reduced this income estimated to Rs. 50,000/-. Even though assessee's counsel contended that income escaping assessment completed under Section 147 is time barred, we do not find any such contention raised before the Tribunal while deciding the issue. An appeal is maintainable before this Court only on su....