Document Fragment View
Fragment Information
Showing contexts for: comunidade in Comunidade Of Chicalim, By Its Attorney ... vs Income Tax Officer, Ward I, Margao, Goa, ... on 11 June, 2002Matching Fragments
1. The present petitioner, the Comunidade of Chicalim, filed this petition to challenge Notice issued under Section 148 of the Income Tax Act, 1961, (the "IT Act" for short), dated 18th March, 1991, bearing No. O.21/W1 (Annexure P. 4) and by an interim order further proceedings pursuant to the Notice were stayed.
FACTS IN BRIEF
2. The Income Tax Officer, Ward No. I, Margao, Goa, has issued the above Notice on the grounds that he has a reason to believe that the petitioners income in the status of body of individuals (BOI) chargeable to tax for the Assessment Year 1986-1987, has escaped assessment, within the meaning of Section 147 of the IT Act and that, therefore, he proposes to re-assess the petitioners income for the said Assessment Year. He has required the petitioner to deliver to him a return in the prescribed form, of the petitioners income for the said Assessment Year 1986-1987.