https://www.taxtmi.com/caselaws?id=180822 The Tribunal held that the Commissioner of Income Tax (CIT) exceeded jurisdiction under section 263 by setting aside an assessment order related to head office expenses under section 44C for the assessment year 1977-78. The Tribunal emphasized that the issue had been previously examined by relevant authorities and ruled in favor of the assessee, quashing the CIT's order. A Division Bench decision supported the assessee's position, finding section 44C inapplicable to the circumstances. The judgment was affirmed with no costs awarded. en-us Thu, 28 Mar 1991 00:00:00 +0530 Mon, 16 Jan 2017 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180822 The Tribunal held that the Commissioner of Income Tax (CIT) exceeded jurisdiction under section 263 by setting aside an assessment order related to head office expenses under section 44C for the assessment year 1977-78. The Tribunal emphasized that the issue had been previously examined by relevant authorities and ruled in favor of the assessee, quashing the CIT's order. A Division Bench decision supported the assessee's position, finding section 44C inapplicable to the circumstances. The judgment was affirmed with no costs awarded. Case-Laws Income Tax Thu, 28 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180822