https://www.taxtmi.com/caselaws?id=6301 The Supreme Court addressed the competency of the Income-tax Appellate Tribunal to rectify its order in response to an appeal by special leave. It examined the validity of the notice issued under section 147(b) of the Income-tax Act, 1961, and the permissibility of deductions claimed by the assessee. The Court found that while some claims were validly reopened, others were not warranting reopening. Ultimately, the Court allowed the appeal, directing the Tribunal to submit questions of law to the High Court, criticizing the Tribunal's failure to do so initially. en-us Fri, 20 Aug 1971 00:00:00 +0530 Wed, 03 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6301 The Supreme Court addressed the competency of the Income-tax Appellate Tribunal to rectify its order in response to an appeal by special leave. It examined the validity of the notice issued under section 147(b) of the Income-tax Act, 1961, and the permissibility of deductions claimed by the assessee. The Court found that while some claims were validly reopened, others were not warranting reopening. Ultimately, the Court allowed the appeal, directing the Tribunal to submit questions of law to the High Court, criticizing the Tribunal's failure to do so initially. Case-Laws Income Tax Fri, 20 Aug 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6301