2016 (6) TMI 1417

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... We find from the lower appellate order that the assessee has duly explained its non appearance/adjournment applications. Assessing Officer completed assessment on basis thereof on 29-12-2010 assessing total loss at ₹ 1,80,60,440/- raising nil tax demand. This is not the Revenue s case that the Assessing Officer had not framed a regular assessment u/s 143(3) of the Act on the basis of asse .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 24-01-2011, in proceedings under section 271(1)(b) of the Income Tax Act, 1961; in short the Act . 2. Facts of the case are in a narrow compass. The assessee company filed return on 29-09-2008 followed by revised ones dated 26-10-2009 and 09-03-2010 declaring total loss of ₹ 6,17,50,097/-. The same was processed. The Assessing Officer took up scrutiny. He issued section 143(2) notices o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... all the five defaults narrated hereinabove. The CIT(A) partly confirms the same to the tune of ₹ 20,000/- leaving the assessee aggrieved. 3. Heard both sides. Case file perused. There is no dispute about the facts narrated in the preceding paragraphs. The Assessing Officer as well as the CIT(A) for having committed default in responding to above stated scrutiny notices. We find from the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X