COMM.OF INCOME TAX BANGALORE vs. NAVABHARAT ENTERPRISES HYD
In the result, Income Tax Appeal No
ITTA/3/2000HC Telangana02 Jan 2012
Bench: This Court & Hence Both Appeals Have Been Heard Together & Are Being Decided By This Common Judgment. 2. Sri Ravi Kant, Senior Advocate Assisted By Sri Rahul Agarwal, Advocate Have Appeared On Behalf Of Assessee & Sri Manish Goel, Advocate Has Put In Appearance On Behalf Of Revenue. 3. Revenue'S Appeal Was Admitted On The Following Substantial Questions Of Law:- (1)Whether On The Facts & In The Circumstances Of The Case, Tribunal Was Right In Holding That Authorization For Search
For Appellant: - M/S Verma Roadways Through its Partner R.K.VermaFor Respondent: - Assistant Commissioner Of Income Tax
Section 132Section 158Section 260A
reassessment” in Section 132B shall be
construed as references to “block assessment” .
(emphasis applied)
26.
Photocopy of warrant of authorisation issued in Form 45 under
Section 112(I) of Income Tax Rules, pursuant whereto search was
conducted at Assessee's premises on 28.11.1996 was produced before
Tribunal, which are quoted in para 11.2 of Tribunal's order and relevant
extract
