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ITA NO. 124/LB OF 1991-92, DECIDED ON 29TH FEBRUARY, 1992. versus ITA NO. 124/LB OF 1991-92, DECIDED ON 29TH FEBRUARY, 1992.


Section 59 BCBR Circular No. 7 1989, Dated June 26, 1989, Paras 1 & 3, Explanation of Simple Procedure for Evaluation Year 1989 Scheme 90 Diagnostics filed individually returns for assessment year 1988 89 No, it was payable by tax Due to the estimation / assessment of the assessed income, a registered firm iii was formed in 1989 which was itself a partner while the name, nature and place of business were the same. None of the changes in the status quo given in paragraph 3, compare with CBR's Circular No. 7 of 1989 and the conditions mentioned therein. The idea of this is that the situation can not be treated as taking the current review.

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