TMI Blog2008 (12) TMI 737X X X X Extracts X X X X X X X X Extracts X X X X ..... ed 3-12-2008 filed by the Deputy Commissioner of Income-tax. For the reasons stated in paragraph No. 7 of the said affidavit, we recall our order dated 19-11-2008 regarding the imposition of costs on the appellant, quantified at ₹ 5,000 to that limited extent only. It appears from the said affidavit that the respondent has already been served in the above matter. 2. By way of the present ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ring the course of search action under section 132 and therefore is not part of assessment proceedings ? 4. Whether, on the facts and in the circumstances of the case the Hon ble Tribunal is justified in law in holding that there was no suppression of sales by the assessee in assessment years 1997-98 and 1998-99 even though the assessee had admitted suppression of sale in these 2 years before ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... commencement of proceeding today, inspected the seals which had been placed on that date and found them to be intact/tampered with as narrated in the enclosures. Annexure-2 of the said Panchnama dated 20-9-2008 mentions that : Stock valued at ₹ 1,61,55,035 (Rupees one crore sixty one lakhs, fifty five thousand and thirty five) as per inventory made on 4/5-8-2000. 3. It is appar ..... X X X X Extracts X X X X X X X X Extracts X X X X
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