https://www.taxtmi.com/caselaws?id=240980 The ITAT allowed the appeal, holding that the CIT's direction for a denovo assessment lacked justification. The ITAT found the assessment order, based on a scientific allocation of expenses, to be proper. The ITAT quashed the CIT's order under section 263, emphasizing the validity of the original assessment. The doctrine of merger was considered academically due to the quashing of the CIT's order. en-us Wed, 06 Feb 2013 00:00:00 +0530 Sun, 15 Dec 2013 10:29:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240980 The ITAT allowed the appeal, holding that the CIT's direction for a denovo assessment lacked justification. The ITAT found the assessment order, based on a scientific allocation of expenses, to be proper. The ITAT quashed the CIT's order under section 263, emphasizing the validity of the original assessment. The doctrine of merger was considered academically due to the quashing of the CIT's order. Case-Laws Income Tax Wed, 06 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240980