2008 (1) TMI 343 - HC - Income Tax

Whether Tribunal was right in law in recalling its original order and on a review setting aside the assessment to be made afresh from the stage of filing of the return - revenue states that record of the case is not traceable, therefore, he is unable to inform the status of proceedings after the remand hence instant reference is returned un-answered

Summary

The High Court of Punjab and Haryana was unable to answer the substantial question of law referred by the Income Tax Appellate Tribunal due to the untraceable record of the case after remand. The matter was remanded for fresh assessment from the stage of filing the return.