https://www.taxtmi.com/caselaws?id=65636 The Tribunal upheld the CIT's jurisdiction under section 263 but modified the directions regarding the bifurcation of profits. The appeal of the assessee-company was partly allowed for statistical purposes, with a direction to the CIT to reconsider the matter in accordance with the provisions of the Income-tax Act. en-us Thu, 18 Jun 1998 00:00:00 +0530 Fri, 18 Feb 2011 10:49:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65636 The Tribunal upheld the CIT's jurisdiction under section 263 but modified the directions regarding the bifurcation of profits. The appeal of the assessee-company was partly allowed for statistical purposes, with a direction to the CIT to reconsider the matter in accordance with the provisions of the Income-tax Act. Case-Laws Income Tax Thu, 18 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65636