KM. TEENA GUPTA Vs. COMMISSIONER INCOME TAX BAREILLY

JUDGEMENT

(1.) The present income tax appeal under Section 260 A of the Income Tax Act, 1961 (hereinafter referred to as the 'Act') has been filed by the assessee against the order dated 2.3.2009 of the Income Tax Appellate Tribunal, Delhi Bench, New Delhi for the assessment year 1997-98.

(2.) The above appeal was admitted on the following questions of law:-

(3.) Briefly it has been contended by the assessee that a notice initiating re-assessment proceedings to the assessment year 1997-98 had been issued against him dated 11.5.2000 without any reference to a assessment year. Subsequently, on 16.2000 a notice under Section 142(1) of the Act was issued in respect of assessment proceedings for the assessment year 1997-98. Thereafter, on 4.7.2000 an ex parte assessment order was passed under Section 144/148 of the Act in the case of the assessee for the assessment year 1997-98.