1984 (12) TMI 294

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he applicant's appeal among other things involves a question of valuation and as such outside the purview of the Regional Bench. When questioned by the Bench as to whether the valuation was for the purposes of assessment, Shri Kadiani submitted that it was not for the purposes of assessment but it was for the purposes of imposing penalty. He contended that the penalty should have a relation to the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... no instructions regarding the income or the financial sources of the applicant. Therefore, he would not be in a position to submit anything regarding financial position but he requested that the interests of the revenue may be safeguarded. 4. Considered the submissions made on both sides. The preliminary objection raised regarding the jurisdiction of this Bench to hear the appeal is rejecte .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... if the applicant is called upon to deposit the entire amount of ₹ 25,000/-. 6. The applicant's obligation to maintain his wife and children and aged parents is both moral and legal. His obligation to maintain his sister and brother is only moral. Unfortunately for the applicant the law places one more legal obligation on him before his appeal could be heard on merit. That being, to dep .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X