1999 (3) TMI 66 - HC - Income Tax

Summary

The petitioner, a partnership firm, failed to file its return for the year 1988-89 on time and did not seek an extension. The Income-tax Department issued notices, but the firm did not respond. A best judgment assessment was passed, and the registration was cancelled. The petitioner's plea of being prevented from filing the return due to search and seizure was rejected. The court dismissed the original petition.