https://www.taxtmi.com/caselaws?id=70059 The Tribunal allowed the appeals, holding that the CIT's order lacked jurisdiction under section 263. The assessee is entitled to extra-shift allowance for leased machinery used in double or triple shifts, based on the interpretation of section 32, relevant rules, and judicial precedents. The Tribunal emphasized that the Board's circulars support the assessee's claim and must be followed by revenue authorities. en-us Tue, 09 May 2000 00:00:00 +0530 Tue, 03 Jan 2017 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70059 The Tribunal allowed the appeals, holding that the CIT's order lacked jurisdiction under section 263. The assessee is entitled to extra-shift allowance for leased machinery used in double or triple shifts, based on the interpretation of section 32, relevant rules, and judicial precedents. The Tribunal emphasized that the Board's circulars support the assessee's claim and must be followed by revenue authorities. Case-Laws Income Tax Tue, 09 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70059