2012 (4) TMI 850

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....DER PER H.L. KARWA, VP This appeal filed by the assessee is directed against the order of CIT (Central), Ludhiana dated 31.01.2012 passed u/s 263 of the Income Tax Act, 1961 (in short 'the Act') relating to assessment year 2007-08. 2. The above appeal was fixed for hearing on 23.04.2012. However, nobody appeared on behalf of the assessee despite service of notice of hearing. The a....

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....g, or fails in taking steps for preparation of the paper books so as to enable hearing of the reference, the court is not bound to answer the reference." 4. Similarly, Hon'ble Punjab & Haryana High Court in the case of New Diwan Oil Mills Vs CIT (2008) 296 ITR 495 returned the reference unanswered since the assessee remained absent and there was not any assistance from the assessee. 5. T....