https://www.taxtmi.com/caselaws?id=63485 The appeals were allowed, and the assessment orders were restored. The Third Member concluded that the seized materials did not form part of the assessment record, and the ITO could not be faulted for not examining them. The decision emphasized the importance of proper communication and record-keeping in tax assessments and highlighted the limitations of the CIT's jurisdiction under Section 263. The case underscores the necessity for tax authorities to ensure thorough examination of all relevant materials before making an assessment or invoking Section 263. en-us Wed, 16 May 1990 00:00:00 +0530 Mon, 31 Jan 2011 12:11:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63485 The appeals were allowed, and the assessment orders were restored. The Third Member concluded that the seized materials did not form part of the assessment record, and the ITO could not be faulted for not examining them. The decision emphasized the importance of proper communication and record-keeping in tax assessments and highlighted the limitations of the CIT's jurisdiction under Section 263. The case underscores the necessity for tax authorities to ensure thorough examination of all relevant materials before making an assessment or invoking Section 263. Case-Laws Income Tax Wed, 16 May 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63485