Just a moment...

Report
ReportReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Report an Error
Type of Error :
Please tell us about the error :
Min 15 characters0/2000
TMI Blog
Home /

1989 (3) TMI 45

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....her, on the facts and in the circumstances of the case and on a correct interpretation of section 146 of the Income-tax Act, 1961, the Tribunal's finding that the assessee had not a reasonable opportunity to comply with or was prevented by sufficient cause from complying with the terms of the notices under section 143(2) and section 142(1) of the Income-tax Act, 1961, was passed on no materials an....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ate reasoning has been given as to why this conclusion was reached. The Appellate Assistant Commissioner ultimately ordered that the Income-tax Officer would make a fresh assessment, after communicating to the appellant the particulars of cash credits, viz., dates and amounts of the parties concerned as also the reason why the loans were not considered as genuine loans and how this fact was conce....