2017 (7) TMI 1412

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....(Act) challenges the order dated 19th December, 2016 passed by the Income Tax Appellate Tribunal (Tribunal). The impugned order relates to Assessment Year 2005-2006 and 2006-2007. This appeal relates to Assessment Year 2006-2007. 2. The Revenue has urged the following two questions of law for our consideration:- (A) Whether on the facts and circumstances of the case and in law, the Iearned ITAT....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....i Realtors P. Ltd. (ITA No.2021 to 2023/PN/2013 dated 10.11.2015), wherein it was held that the decision of this Court in CIT Vs Continental Warehousing Corporation is on 'completed basis' and where no assessment has been completed under Section 143(1) and only processing of returns is done, the AO is competent to invoke the jurisdiction under Section 153A/153C of the Act and complete the ....