ORDER Through this appeal under Section 136 of I.T.O., 1979, following questions of law have been referred for expression of opinion by this Court:- "1. Whether in the facts and circumstances of the case the Tribunal was justified in law to set aside the case directing inquiries allowing respondent No. 4 to rove upon his earlier order which was not found satisfactory in law?
2. Whether in the facts and circumstances of the case, when the Tribunal had found the impugned order u/S. 66A as unsatisfactory in law, especially in that no legal error was found in assessment order dated 18.6.1999, the Tribunal has erred in law is not canceling the impugned order u/S. 66A?
3. Whether in the facts and circumstances of the case the Tribunal has erred in law in not canceling the impugned order u/S. 66A when the Tribunal has not been able to find any loss of revenue in the case of assessm ent order dated 18.6.1999 in the case of the appellant?
2. The assessee appellant which claims to be an association of person (AOP) filed its returns on 31.10.1998, for the year 1998-99, which was finalized by the Assessing Officer under Section 62 of the 1TO, 1979. Subsequently, IAC called for the assessment record. After scrutinizing the same issued show-cause notice under Section 66A of the 1TO, 1979. Upon considering the reply filed by the assessee- appellant IAC rejected the application holding that the assessment was erroneous and prejudicial to the intersect of revenue. The assessment was cancelled. The basis of the order as enumerated in the order itself was as follows:- "1. The assessm ent has been made on the basis of a bank account No. 03117-6, M.C.B., Ghalla Mandi Branch which is owned by Mr. Hafiz- ur-Rehman as proprietor in the name and style of Mr. Hafiz-ur- Rehman son of Abdul Ghani, Mandiala Warraich and has to do nothing with M/s. Asad and Company. The said bank account has been erroneously considered in your case."
3. Enquiries have revealed that the case of M/s. Asad and Co. Never existed before nor is borne on the NTN. The return in -this name has been filed to avoid- proper taxation in the case of Mr. Hafiz- ur-Rehman. The proceedings by the DCIT, Circle-13, Gujranwala were intimated when the DCIT, Circle-04, Gujranwala had already obtained information with regard to the said bank account and issued show-cause notice in the case of Mr. Hafiz-ur- Rehman.
4. This account has already been considered by the DCIT, Circle-04, Gujranwala and the assessm ent in the case of Mr. Hafiz-ur-Rehman has been made on basis of the said bank account.
5. Brief aggrieved, the assessee-appellant filed an appeal before the ITAT, which after hearing both the parties rejected the objections raised by the appellant, however, came to the conclusion that further probe and investigation was required; and in the circumstances set aside the order of the ITAT, remanded the case back to the IAC to make further inquiries and investigations, in this behalf, a very detailed order setting out the parameter and the line of investigation to be followed and adopted was set out by the ITAT in its order impugned before this Court.
6. Learned counsel for the appellant has contended that if the ITAT was not satisfied with the order of the IAC it should have cancelled the same and the ITAT has no jurisdiction to pass the order directing further inquiries.
7. Learned counsel for the revenue has drawn attention of this Court to sub-section (5) of Section 135 of the 1TO, 1979, which reads as under:-- "If the Appellate Tribunal is satisfied that an order which is the subject of appeal, ought to be interfered with, it shall cancel or vary the order accordingly and shall issue such consequential directions as the case may require."
8. in view of the above, it is clear and obvious that ITAT is vested with the jurisdiction to vary and change any order in appeal before it and in this behalf can pass such order and the directions that would be necessary to meet the ends of law and justice, in the facts and circumstances, no exception can be taken to the order. 1h this view of the matter the questions raised are answered as above and the appeal is disposed accordingly.