https://www.taxtmi.com/caselaws?id=263473 The High Court of Andhra Pradesh dismissed the Department's appeal due to lack of sanction from the Committee on Disputes (C.O.D) and allowed the assessee's appeal regarding the assessment year 2001-2002 under the Income Tax Act, 1961. The Court upheld the Tribunal's decision to reject the Miscellaneous Application filed by the appellant for being time-barred and lacking diligence. Emphasizing the importance of certainty in taxation matters, the Court ruled in favor of the assessee, dismissing the appeal against the Revenue without costs and highlighting the need for timely action and stability in tax disputes. en-us Thu, 02 Jul 2015 00:00:00 +0530 Mon, 02 May 2016 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263473 The High Court of Andhra Pradesh dismissed the Department's appeal due to lack of sanction from the Committee on Disputes (C.O.D) and allowed the assessee's appeal regarding the assessment year 2001-2002 under the Income Tax Act, 1961. The Court upheld the Tribunal's decision to reject the Miscellaneous Application filed by the appellant for being time-barred and lacking diligence. Emphasizing the importance of certainty in taxation matters, the Court ruled in favor of the assessee, dismissing the appeal against the Revenue without costs and highlighting the need for timely action and stability in tax disputes. Case-Laws Income Tax Thu, 02 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263473