TMI Blog2016 (8) TMI 1239X X X X Extracts X X X X X X X X Extracts X X X X ..... ubsequently, on December 28, 2007 assessment was framed under section 153A read with section 143(3) on a total income of ₹ 51,86,410 (rupees fifty-one lakhs eighty-six thousand four hundred and ten only). Though this development took place during the pendency of the appeal filed by the Revenue before the Tribunal, when the Tribunal passed the impugned order on March 12, 2009 these develop ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assed by the Income-tax Appellate Tribunal, Cochin Bench in I. T. A. No. 1162/Coch/2005-(Assistant CIT v. Skyline Builders [2010] 4 ITR (Trib) 48 (Cochin)) pertaining to the assessment year 2002-03. The assessee is a firm engaged in the business of building residential flats and independent bungalows. For the assessment year in question they filed their returns with a total income of ₹ 58,79 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assed on March 12, 2009 the Tribunal allowed the appeal and restored the assessment order. It is aggrieved by this order that the assessee has filed this appeal and the questions of law framed are the following : A. Whether on the facts and in the circumstances of the case the Tribunal is correct in law and on fact in adjudicating the appeal filed by the Revenue instead of dismissing it as be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ne only). Subsequently, on December 28, 2007 assessment was framed under section 153A read with section 143(3) on a total income of ₹ 51,86,410 (rupees fifty-one lakhs eighty-six thousand four hundred and ten only). 4. Though this development took place during the pendency of the appeal filed by the Revenue before the Tribunal, when the Tribunal passed the impugned order on March 12, 2009 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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