TMI Blog2003 (7) TMI 61X X X X Extracts X X X X X X X X Extracts X X X X ..... f the return was due. The assessee claimed that the income relates to the assessment year 1995-96 for which the date of filing of the return of income under sub-section (1) of section 139 had not expired. Before the Assessing Officer, the assessee made a declaration that he would be showing the income of Rs. 9,00,000 in the return for the assessment year 1995 – Thus, the appellate authority had ri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... been assessed for the block assessment period. Accordingly, the income was added and assessed to tax. In appeal preferred by the assessee the Income-tax Appellate Tribunal, Indore, allowed the appeal holding that there was no dispute that the date of filing of return for the assessment year 1995-96 was extended till October 31, 1995, and when the search was conducted on September 13, 1995, the d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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