2015 (8) TMI 479 - SCH - Income Tax

Reliability of report of the D. V. O. by the Assessing Officer for making the assessment in question which was called by the Assessing Officer pursuant to the order of commission issued under section 131(1)(d) - Apex Court dismissed the appeal against the decision of High Court 2004 (10) TMI 580 - MADHYA PRADESH HIGH COURT wherein was held that In any event, in view of the recent decision of the Supreme Court in somewhat similar cases, wherein it is ruled that no commission under section 131(1)(d) can be issued for calling the report of the D. V. O. by the Assessing Officer, the impugned orders of the Tribunal deciding the issue in favour of the assessee does not call for any interference. The appeal does not involve any substantial question of law and hence, it is dismissed in limine - Decided in favour of assessee.

Summary

The Supreme Court dismissed the civil appeal due to the small amount involved and did not award any costs. The question of law remains open. (Case: 2015 (8) TMI 479 - SC)