MAXPORT INDIA PRIVATE LIMITED,CHANDIGARH vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,CHANDIGARH, CHANDIGARH

section 158BD calling upon assessee to file return of undisclosed income\nfor block period 1-4-1989 to 28-1-2000 - Thereafter, valuation of cost of construction of\nbuildings constructed by assessee-firm was referred to DVO, for valuation under section\n133(6) - Assessing Officer added difference in valuation of cost of construction adopted\nby assessee-firm

SH. PARAM PAUL SINGH,CHANDIGARH vs. DCIT (INTL. TAXATION), CIRCLE, CHANDIGARH

Appeal is partly allowed for statistical purposes in above terms

Bench: Shri N.K. Saini, Vice- & Shri S.S.Godara, Judicialmember Assessment Year:2009-10

section 54 can only be made by filing the return. The quantification of that claim has to be made in the return itself and that quantification and eligibility has to be assessed by the A.O. Since the assessee has not filed the return in this case, the issue relating to eligibility to claim u/s. 54 do not arise