TMI Blog2008 (1) TMI 561X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Act. Further appeal was preferred by the Revenue against the said appellate order to the Income-tax Appellate Tribunal which also proceeded to dismiss the appeal of the Revenue. Hence, this further appeal under section 260A of the Act. Held that- dismissing the appeal, that the order of the Tribunal was to be upheld since no substantial question of law arose for consideration. - 532 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed under section 115JB of the Act. The return filed by the assessee was processed under section 143(1) of the Act. 3. The Assessing Officer was of the opinion that certain income had escaped the assessment and, therefore, he was constrained to issue notice to the assessee under section 148 of the Act. As a consequence thereof, the assessment was reopened. 4. Thereafter the assessment was ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... upreme Court reported in the case of Apollo Tyres v. CIT [2002] 255 ITR 273. 6. The said view of the Supreme Court has been taken into consideration by our High Court as well as by several other High Courts. Nothing contra as shown to us which could have convinced us to take a different view. In the light of the aforesaid discussions, we are of the opinion that there is no substance in the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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