2008 (2) TMI 280

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....was delivered by SATISH KUMAR MITTAL, 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....

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....nbsp; According to that agreement of sale, the 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 fi....

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....appeal was dismissed, and the order of the Assessing 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 asses....

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....me allowed under Section 149 of the Act was not enough, 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 a....