2003 (3) TMI 29 - HC - Income Tax

Notice u/s 158BC - whether notice issued under section 158BC is illegal - No such notice was even produced before the Tribunal. Without notice being produced, the Tribunal has justification not to allow the claim of the assessee that notice is illegal - whether the Income-tax Appellate Tribunal was justified in considering the amounts of Rs. 11,074 and Rs. 30,109 as undisclosed income under section 158BB - No such issue has been raised before the Tribunal. We cannot go into that question of fact at this stage. Therefore, the issue involved in the question proposed does not arise out of the order of the Tribunal Assessee s appeal is dismissed

Summary

The High Court of Rajasthan dismissed the appeal questioning the legality of notices issued under the Income-tax Act, the treatment of certain amounts as undisclosed income, and the validity of additions made to the income without proper evidence. The Court found no substantial legal questions and upheld the Tribunal's decision.