IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. I.T.A. No.581 of 2007 Date of decision: 16.10.2008 The Commissioner of Income Tax, Faridabad. -----Appellant. Vs. M/s Sabharwal Electronics, Faridabad. -----Respondent CORAM:- HON'BLE MR JUSTICE ADARSH KUMAR GOEL HON'BLE MR JUSTICE L.N. MITTAL Present:- Mr. Yogesh Putney, Sr. Standing Counsel for the appellant. Mr. S.K. Mukhi, Advocate for the respondent. ----- ORDER: This appeal has been preferred by the revenue against order dated 28.3.2007 passed by the Income Tax Appellate Tribunal, Delhi Bench ‘I’, New Delhi in I.T.(SS).A. No.235/DEL/2005 for the block assessment period from 3.6.1989 to 30.11.1997. The Department conducted search and seizure on the premises of Shri Inderjeet Singh Sabharwal on 12.3.1999 and recovered some documents relating to the assessee. Thereafter, block assessment was done which was affirmed on appeal by the CIT (Appeal). The Income Tax Appellate Tribunal set-aside the assessment on the ground that no satisfaction had been recorded in ITA No.581 of 2007 terms of Section 158BD of the Income Tax Act, 1961 before proceeding for block assessment. Learned counsel for the revenue has produced the original record containing the satisfaction. It has been explained that before the Tribunal a report was filed to the effect that satisfaction note was not available as per record. This happened as the record was not readily available at that time. In view of the fact that record was not available before the Tribunal earlier, which is now available, we are of the view that it will be in the interest of justice if the Tribunal looks into the records and takes a fresh decision in the matter in accordance with law. Accordingly, we set-aside the impugned order and remand the matter to the Tribunal. Parties will appear before the Tribunal for further proceedings on 15.12.2008. ( ADARSH KUMAR GOEL ) JUDGE October 16, 2008 ( L. N. MITTAL ) ashwani JUDGE 2