COMMISSIONER OF INCOME TAX Vs. DIGVIJAY CHEMICALS

JUDGEMENT

(1.) THE present appeal under s. 260A of the IT Act, 1961 (hereinafter referred to as "the Act") is filed against the order dt.

(2.) BRIEFLY stated the facts giving rise to the present appeal are as follows.

(3.) THE appeal relates to the block period 1986 -87 to 1996 -97. A search was conducted in the premises of M/s Bhagat were found in the search which related to the respondent -assessee. The seized materials were handed over to the AO of the respondent -assessee under s. 158BD of the Act. Proceedings for block assessment were initiated by the assessing