https://www.taxtmi.com/caselaws?id=178435 The Patna High Court ruled in favor of the revenue in a case concerning the validity of assessment orders under section 263(1) of the Income-tax Act, 1961. The Court held that the Commissioner's cancellation of the assessment order under a scheme for new taxpayers was improper, emphasizing that the scheme did not apply to certain categories of individuals and that proper assessment procedures were not followed. The Tribunal's decision to set aside the Commissioner's order was deemed incorrect, and all questions raised in the case were answered in favor of the revenue, despite no costs being awarded due to special circumstances. en-us Fri, 12 Sep 1986 00:00:00 +0530 Thu, 04 Feb 2016 18:03:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178435 The Patna High Court ruled in favor of the revenue in a case concerning the validity of assessment orders under section 263(1) of the Income-tax Act, 1961. The Court held that the Commissioner's cancellation of the assessment order under a scheme for new taxpayers was improper, emphasizing that the scheme did not apply to certain categories of individuals and that proper assessment procedures were not followed. The Tribunal's decision to set aside the Commissioner's order was deemed incorrect, and all questions raised in the case were answered in favor of the revenue, despite no costs being awarded due to special circumstances. Case-Laws Income Tax Fri, 12 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178435