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2016 (6) TMI 894 - HC - Income TaxValidity of proceedings under section 158BD - proceedings initiated on the basis of satisfaction made from the seized materials found as a result of search conducted on the assessee - Held that:- In the present case, the Tribunal being a final fact finding authority had not recorded any finding with regard to the recording of satisfaction note on 31.5.2005. Further, nothing was observed whether the satisfaction note dated 31.5.2005, if any, produced by the revenue was antedated or not. In such circumstances, the matter requires to be remanded to the Tribunal to examine it afresh and record a reason based finding. It shall be open to the parties to raise all the points before the Tribunal who shall adjudicate the matter expeditiously. The substantial questions of law are answered accordingly
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