2012 (10) TMI 1102

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..... ioner of Income-tax (Appeals)-III, Hyderabad ( CIT(A) for short) dated 22.12.2011, dismissing its appeal contesting its assessment under section 143(3) of the Income-tax Act, 1961 ( the Act hereinafter) dated 23.12.2010 for the Assessment Year (AY) 2008-09, determining it s income for the said year at ₹ 40,70,46,211. 2. The short question before us is the maintainability of the impugne .....

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..... me, was answered in the affirmative, the fact was that even up to 16.12.2011, the last date of hearing before the ld. CIT(A), and about eleven months later, there was admittedly a short-fall in the payment of self-assessment tax by ₹ 1.41 crores. Though the assessee cited financial constraints as the reason for non-payment; praying for further time for such payment, the ld. CIT(A) dismissed .....

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..... able by him.; Provided that, in a case falling under clause (b) . 4. We have heard the parties, and perused the material on record. Before us, the assessee, whose case falls u/s. 249(4)(a), abysmally failed to show any infirmity in the impugned order. Even as affirmed and clarified by the higher courts of law, to some decisions by which, reference has been made by the ld. CIT( .....

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