Appeal dismissed due to lack of substantial legal question under Section 263(1) of Income Tax Act

The Bombay HC dismissed the appeal on the limitation for invoking power under Section 263(1) of the Income Tax Act, as no substantial question of law was identified, relying on a Supreme Court judgment.

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The Bombay High Court dismissed the appeal regarding the limitation for invoking power under Section 263(1) of the Income Tax Act, citing a judgment approved by the Supreme Court. No substantial question of law was found.

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