https://www.taxtmi.com/caselaws?id=256849 The High Court set aside the Tribunal's decision on income-tax assessments for the years 2001-02 and 2002-03, directing a fresh review. The Court emphasized the need to consider a notification issued under section 145(2) of the Income-tax Act, highlighting its relevance in the case. The Tribunal and appellate authority were instructed to re-examine the matter, taking into account the notification and all submissions. The Court refrained from expressing any opinion on the case's merits, leaving all contentions open for further consideration, with a timeline of six months for the Tribunal to reach a new decision. en-us Mon, 27 Jan 2014 00:00:00 +0530 Fri, 20 Feb 2015 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256849 The High Court set aside the Tribunal's decision on income-tax assessments for the years 2001-02 and 2002-03, directing a fresh review. The Court emphasized the need to consider a notification issued under section 145(2) of the Income-tax Act, highlighting its relevance in the case. The Tribunal and appellate authority were instructed to re-examine the matter, taking into account the notification and all submissions. The Court refrained from expressing any opinion on the case's merits, leaving all contentions open for further consideration, with a timeline of six months for the Tribunal to reach a new decision. Case-Laws Income Tax Mon, 27 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256849