9911796707
TMI Blog2010 (9) TMI 59X X X X Extracts X X X X X X X X Extracts X X X X ..... was made as on 27-3-1998 - assessment u/s 143(3) was completed for AY 1994-95 as on 18-3-1997 therefore notice u/s 148 was rightly quashed by tribunal - But assessment for 1995-96 was completed as on 25-3-1998 and reference was made as on 27-1-1998 therefore, order of ITAT for the AY 1995-96 set aside and remanded back. X X X X Extracts X X X X X X X X Extracts X X X X ..... completed on 18th March, 1997 and reference was made to the DVO on 27th March, 1998. Thus, according to the Tribunal since this reference was made to the DVO after the completion of the assessment, this was not permissible. However, these are the dates which pertain to the assessment year 1994-05 only. In so far as assessment year 1995-96 is concerned, it is stated by the learned counsel for the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nal that in view of this judgment of the Jurisdictional Court in Bawa Abhai Singh vs. Deputy Commissioner of Income Tax, 253 ITR 83 is distinguishable is also not correct. For this reason alone, we set aside the order of the Tribunal so far as it relates to the assessment year 1995-06 is concerned. 4. We may state that we have not otherwise arrived at any finding as to whether judgment in Bawa Ab ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
