https://www.taxtmi.com/caselaws?id=237325 The High Court upheld the orders of the CIT(A) and ITAT in multiple ITAs involving the same and another assessee, despite challenges based on fresh orders under the 1961 Act. The Court found no errors in the orders but directed the Assessing Officer to reassess considering the fresh orders to determine any escaped income or tax evasion. The Assessing Officer was instructed to conduct a fresh assessment if necessary, emphasizing compliance with the law. The Court affirmed the impugned orders and modified the ITAT's decision, concluding the appeals with specific directions for reassessment. en-us Tue, 10 Sep 2013 00:00:00 +0530 Fri, 31 Jan 2014 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237325 The High Court upheld the orders of the CIT(A) and ITAT in multiple ITAs involving the same and another assessee, despite challenges based on fresh orders under the 1961 Act. The Court found no errors in the orders but directed the Assessing Officer to reassess considering the fresh orders to determine any escaped income or tax evasion. The Assessing Officer was instructed to conduct a fresh assessment if necessary, emphasizing compliance with the law. The Court affirmed the impugned orders and modified the ITAT's decision, concluding the appeals with specific directions for reassessment. Case-Laws Income Tax Tue, 10 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237325