2009 (1) TMI 79

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....AJA PANDIAN J.-The appeal is filed by the Revenue against the order of the Income-tax Appellate Tribunal Chennai "A" Bench dated May 13, 2008, in I. T. (SS) A. No. 136/Mds/2007 in respect of the assessment for the block period April 1, 1996 to January 2, 2003, by formulating the following questions of law: "1. Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tr....

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.... search for the block period ending January 2, 2003, was completed on January 31, 2005, computing a total undisclosed income at Rs. 9,55,790. In the course of the assessment, the Assessing Officer found that the assessee had claimed agricultural income of Rs. 7,55,400 for the block period. The original assessment has not been completed. However, based on the materials collected during the search, ....

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.... has been filed. 4. It is not in dispute that the assessee was regularly assessed even before search. For the assessment years 1997-98 and 2002-03, the assessee has offered various amounts as agricultural income. The entire amount of Rs. 7,55,400 treated by the assessee as agricultural income has been disclosed to the Department through regular returns filed for the respective assessment years. T....