TMI Blog2006 (8) TMI 657X X X X Extracts X X X X X X X X Extracts X X X X ..... for the parties, we are of the view that even though several questions have been framed by the appellant, only two substantial questions of law would arise for our consideration. These are as follows : (i) Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the levy of MAT is permissible while issuing intimation to acknowledge the receipt of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is case as no such demand could at all have been issued/raised without any hearing or proceeding before any quasi-judicial authority in accordance with law and in compliance with natural justice ? 2. Insofar as question No. (ii) is concerned, it is now common ground that in view of the decision of the Karnataka High Court in Kwality Biscuits Ltd. vs. CIT (2000) 159 CTR (Kar) 316: (2000) 243 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd in the circumstances of the case, the Tribunal was justified in holding that the levy of MAT is permissible while issuing intimation to the assessee under s. 143(1)(a) ? 6. Paper books be filed in accordance with the High Court rules. IA No. 5428/2005 (stay) 7. Learned counsel for the appellant points out that the regular assessment has already been made in respect of the assessee u ..... X X X X Extracts X X X X X X X X Extracts X X X X
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