TMI Blog1979 (7) TMI 133X X X X Extracts X X X X X X X X Extracts X X X X ..... the WT returns in time without reasonable cause. 2. The facts are all stated in the impugned appellate order. The Deptl. Rep. submitted before us that the findings of the AAC which lead to the cancellation are contrary to facts and opposed to law. According to the WTO who imposed penalties and the AAC who cancelled it, the returns were furnished only on 20th March 1974. We persuade all material ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... upto 19th Aug., 1970. This aspect has of course been noticed and commented upon adversely to the Department by the AAC in these WT appeals. So the Department has raised a tricky ground which requires some discussion. The AAC has not dealt with or if dealt with not satisfactorily dealt with that aspect. The ground raised by the Department is follows: "The AAC further failed to appreciate that wh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pect of asst. yrs. 1962-63 and onwards. All my income consists of the interest on the pronotes which have been executed by land purchasers. I am filing particulars of my income and WT for the asst. yrs. 1962-63 onwards before 5th ITO, City Circle-I, Madras who I understand is having jurisdiction over my case...." The passage extracted above shows that from 7th Aug., 1970 itself the assessee ha ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
