https://www.taxtmi.com/caselaws?id=66919 The Tribunal ruled in favor of the department in a dispute over the annulment of assessment under section 155 of the Income-tax Act, 1961. It held that filing Form No. 6A by the assessee did not automatically cancel the original assessment under section 143(1). The Tribunal emphasized that the Income Tax Officer (ITO) is required to consider objections raised by the assessee and make corrections as necessary. Therefore, the Tribunal quashed the Additional Commissioner of Income Tax's order annulling the assessment and reinstated the ITO's original assessment, citing legal precedents and legislative intent. en-us Wed, 21 May 1986 00:00:00 +0530 Tue, 08 Mar 2011 11:30:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66919 The Tribunal ruled in favor of the department in a dispute over the annulment of assessment under section 155 of the Income-tax Act, 1961. It held that filing Form No. 6A by the assessee did not automatically cancel the original assessment under section 143(1). The Tribunal emphasized that the Income Tax Officer (ITO) is required to consider objections raised by the assessee and make corrections as necessary. Therefore, the Tribunal quashed the Additional Commissioner of Income Tax's order annulling the assessment and reinstated the ITO's original assessment, citing legal precedents and legislative intent. Case-Laws Income Tax Wed, 21 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66919