TMI Blog1991 (2) TMI 47X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Income-tax Act, 1961, proposing to revise the assessment orders relating to the assessment years 1986-87, 1987-88 and 1988-89. In the show-cause notice, three grounds are mentioned on which he proposed to revise the assessment order. We have perused the grounds and heard Sri S. P. Gupta, learned counsel for the petitioner, for quite some time. The first ground is that a certain amount col ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ounds stated in the notice, it is untenable, we cannot interfere. Neither of the grounds are made out here. We are desisting from making any comments on the grounds or merits of the case since that may prejudice the parties in future proceedings. The petitioner shall submit his explanation. Further proceedings shall go on according to law. The writ petition is dismissed. Certified copy of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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