TMI Blog2008 (11) TMI 676X X X X Extracts X X X X X X X X Extracts X X X X ..... s. 193 of 2008, 194 of 2008, 240 of 2007, filed by the assessee and ITA Nos. 511 of 2008, 512 of 2008, 524 of 2008 and 525 of 2008, filed by the revenue, as common questions of law arise for consideration in all these appeals. 2. Search was conducted at the residence of Subhash Verma and Krishna Verma on 12-3-1999, which was concluded on 16-4-1999 and certain documents were seized. After issuin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and thereafter proceed in accordance with law. The assessment proceedings were quashed. 3. Learned counsel for the revenue submits that view taken by the Tribunal was erroneous as even in the absence of notice of 15 days, the proceedings could be sustained as there was no prejudice to the assessee. 4. Learned counsel for the assessee supports the stand of the revenue and submits that quashi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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