https://www.taxtmi.com/caselaws?id=76638 The court dismissed the appeal challenging the Tribunal's order upholding the assessment for the year 2000-01 by a public limited company engaged in manufacturing and selling cotton yarns. The court found that since both parties agreed to remit the matter for fresh adjudication before the Commissioner, further discussion on the correctness of the assessment's reopening under section 147 was unnecessary. The court emphasized that prolonging the proceedings with deliberation on the correctness of the reopening was unwarranted, leading to the dismissal of the appeal. en-us Wed, 08 Apr 2009 00:00:00 +0530 Wed, 07 Sep 2011 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76638 The court dismissed the appeal challenging the Tribunal's order upholding the assessment for the year 2000-01 by a public limited company engaged in manufacturing and selling cotton yarns. The court found that since both parties agreed to remit the matter for fresh adjudication before the Commissioner, further discussion on the correctness of the assessment's reopening under section 147 was unnecessary. The court emphasized that prolonging the proceedings with deliberation on the correctness of the reopening was unwarranted, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 08 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76638