https://www.taxtmi.com/caselaws?id=217450 The High Court affirmed the dismissal of the appeal against the CIT's order under Section 263 of the Income Tax Act, 1961 for the assessment year 1992-93. The Court upheld the CIT's decision to direct a fresh assessment to include the disputed income related to a job work agreement with a sister concern, emphasizing the need for proper inquiry into Excise Duty reimbursement issues. The Court found no substantial question of law in the appeal and stressed the importance of addressing concerns like double addition in the subsequent assessment process. en-us Tue, 10 Jul 2012 00:00:00 +0530 Mon, 15 Oct 2012 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217450 The High Court affirmed the dismissal of the appeal against the CIT's order under Section 263 of the Income Tax Act, 1961 for the assessment year 1992-93. The Court upheld the CIT's decision to direct a fresh assessment to include the disputed income related to a job work agreement with a sister concern, emphasizing the need for proper inquiry into Excise Duty reimbursement issues. The Court found no substantial question of law in the appeal and stressed the importance of addressing concerns like double addition in the subsequent assessment process. Case-Laws Income Tax Tue, 10 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217450