9911796707
TMI Blog2011 (1) TMI 901X X X X Extracts X X X X X X X X Extracts X X X X ..... . This appeal has been filed by the revenue under Section 260A of the Income Tax Act, 1961 against the order dated 13.11.2006 passed by the Income Tax Appellate Tribunal, Delhi Bench "G", Delhi (in short "the Tribunal"), in ITA No. 4398/Del/2004 for the assessment year 1997-98, claiming following substantial question of law:- "Whether on the facts and circumstances of the case, the Hon'ble ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ices under Section 148 of the Act were issued to the legal heirs of the assessee on 21.3.2003 and returns declaring nil income were filed by some of the legal heirs. The Assessing Officer completed the assessment on 17.11.2003 at an income of Rs.82,58,720/-. On appeal, the Commissioner of the Income Tax (Appeals) [in short "the CIT(A)"] upheld the view of the Assessing Officer. On further appeal, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r sources' are ascertain on the basis of system of accountancy followed by the assessee; (b) where assessee is not maintaining books of accounts by adopting any specific method, it shall be treated to be cash system of accountancy; (c) the interest under Section 34 to be awarded by the Collector partakes the characters of compensation and is taxable in the year of receipt in view o ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
