Heard learned counsel for the parties.

2. The appellant-assessee submitted his returns of income on 20.03.2007 declaring total income of Rs.2,51,600/-for the period 2006-07 and the said returns was processed under Section 143(1) of the Income Tax Act, 1961( for short-Act of 1961). The appellant's case was selected for scrutiny and on 24/25.10-2007, a notice under Section 143(2) of the Act of 1961 was issued to the appellant-assessee. The said notice was issued by “Speed-Post” on 24/25.10.2007 vide receipt no. 4544 and Speed Post No. EE875408254 IN dated 25.10.2007 fixing the date for compliance on 30.11.2007. On fixed dated, i.e.; on 30.11.2007, no body appeared on behalf of the appellant-assessee and this fact was taken note in the order sheet dated 30.11.2007 by the Assessing Officer. Then, on 04.04.2008, it was ordered that notice under Section 142(1) of the Act of 1961 be issued but that order was not complied with. Then, it was again directed to issue notice on 08.08.2008. In response to that notice under Section 142 (1), one person appeared and filed photocopy of office copy of returns of Assessment Year 2006-07, computation of Income, P & L Account and Balance Sheet. Ho