Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

2008 (2) TMI 280

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....J. - The instant appeal filed by the revenue under Section 260-A of the Income Tax Act, 1961 (hereinafter referred to as 'the Act') is directed against the order dated 13.4.2007 passed by the Income Tax Appellate Tribunal, Chandigarh Bench 'A' Chandigarh (hereinafter referred to as 'the Tribunal') in ITA No. 181/CHANDI/2006 in case of the respondent for the Assessment Year 1998-99, by raising the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e assessee had agreed to sell his share of land situated in village Dhandra for a sum of Rs. 16,42,522/-.  However, subsequently the registered sale deed with regard to the said land was executed only for Rs. 5,22,641/- by suppressing sale consideration to the tune of Rs. 11,19,920/-. 3. It is the case of the revenue that the assessee did not file return of income in respect of capital gain ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ing Officer was confirmed. Subsequently, the assessee filed application for recalling the said order. The application was also dismissed by the CIT (A).  Against the said order, the assessee approached the Tribunal, who vide order dated 22.9.2005 allowed the appeal of the assessee and directed the CIT (A) to decide the appeal filed by the assessee on merits. Consequently, the CIT (A) allowed ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ugh, but it has to be proved that notice under Section 148 of the Act was served upon the assessee. 6. We have heard learned counsel for the appellant-revenue and gone through the impugned order passed by the Tribunal. 7. Counsel for the appellant-revenue submits that in the instant case, notice under section 148 of the Act was sent to the assessee through Registered Post on 30.3.2001. Therefore....