https://www.taxtmi.com/caselaws?id=177505 The Tribunal partly allowed the Revenue's appeals in a case involving adjournment petitions, condonation of delay for cross objections, validity of proceedings under section 153C, estimation of operations and expenses, and adoption of assessment methods. The Tribunal directed the Assessing Officer to adjust the estimated number of operations and supporting staff expenses. It rejected the net wealth method for most assesses but allowed it for one individual. The appeals of the Revenue were partly allowed, and cross objections were partly allowed for statistical purposes. en-us Thu, 18 Apr 2013 00:00:00 +0530 Mon, 11 Jan 2016 16:24:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177505 The Tribunal partly allowed the Revenue's appeals in a case involving adjournment petitions, condonation of delay for cross objections, validity of proceedings under section 153C, estimation of operations and expenses, and adoption of assessment methods. The Tribunal directed the Assessing Officer to adjust the estimated number of operations and supporting staff expenses. It rejected the net wealth method for most assesses but allowed it for one individual. The appeals of the Revenue were partly allowed, and cross objections were partly allowed for statistical purposes. Case-Laws Income Tax Thu, 18 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177505