ORDER

Through these five appeals, the appellant Department has objected the consolidated impugned order of the learned CIT(A), dated . 20-4-2006 for the assessment years 1997-98 to 2001-2002 cancelling the assessments finalized under section 62 of the repealed Income Tax Ordinance, 1979.The assessee, in this case, is a Private Limited Company and is manufacturer-cum-exporter of readymade garments. For the year under review, statements under section 143-B of the repealed Ordinance, 1979 were filed on due date declaring income assessable under section, 8000 of the repealed Ordinance, 1979. Consequently, on June 17, 2003, returns of total income on Form IT-II prescribed under Rule 190(1) was filed declaring income from other sources as under:--Asstt. YearIncome Declared1997-98Rs.1461998-99Rs.151999-00Rs.9,71,1652000-01Rs.29,68,2232001-02Rs.4,99,126The Assessing Officer issued notice under section 61 and in response to that notice, it was pleaded on behalf of the assessee that returns have been ...