https://www.taxtmi.com/caselaws?id=341998 The Tribunal ruled in favor of the assessee, finding that the First Appellate Authority (FAA) lacked jurisdiction to direct the assessment of income in another assessment year. The FAA's directions were deemed invalid as they exceeded the scope of their authority, limited to the assessment year under appeal. The Tribunal emphasized that the FAA's powers do not extend to other assessment years, citing legal precedents to support its decision. Consequently, the assessee's appeal was allowed, and the FAA's directions for assessment in a different year were expunged. en-us Wed, 19 Apr 2017 00:00:00 +0530 Sat, 22 Apr 2017 06:54:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341998 The Tribunal ruled in favor of the assessee, finding that the First Appellate Authority (FAA) lacked jurisdiction to direct the assessment of income in another assessment year. The FAA's directions were deemed invalid as they exceeded the scope of their authority, limited to the assessment year under appeal. The Tribunal emphasized that the FAA's powers do not extend to other assessment years, citing legal precedents to support its decision. Consequently, the assessee's appeal was allowed, and the FAA's directions for assessment in a different year were expunged. Case-Laws Income Tax Wed, 19 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341998