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of <h1>Appeal dismissed due to lack of substantial legal question under Section 263(1) of Income Tax Act</h1> <h3>The Commissioner of Income-tax - 3, Mumbai Versus Industrial Development Bank of India, Mumbai</h3> 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 ... - 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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