2007 (5) TMI 186 - MADHYA PRADESH HIGH COURT

Assessing Officer accepted the version of the assesses without proper enquiry and as a result a substantial amount of taxable income was not brought to tax - In such a case the assessment order would be erroneous and prejudicial to the interests of the Revenue – CIT was justified in directing AO to observe rules of natural justice & provide opportunity of hearing to the assesses before making fresh assessment order – Tribunal was not justified in setting aside the order of commissioner