https://www.taxtmi.com/caselaws?id=8634 The High Court affirmed the competence of the Appellate Assistant Commissioner to set aside an assessment and direct a fresh assessment under the appropriate tax act. Despite the error in applying the wrong law, the Court held that the assessment was not wholly without jurisdiction. The Court ruled in favor of the department, emphasizing that the Income-tax Officer's mistake did not invalidate the assessment entirely. The legal question was answered in the affirmative, supporting the actions taken by the tax authorities in this case. en-us Mon, 22 Feb 1971 00:00:00 +0530 Fri, 08 May 2009 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8634 The High Court affirmed the competence of the Appellate Assistant Commissioner to set aside an assessment and direct a fresh assessment under the appropriate tax act. Despite the error in applying the wrong law, the Court held that the assessment was not wholly without jurisdiction. The Court ruled in favor of the department, emphasizing that the Income-tax Officer's mistake did not invalidate the assessment entirely. The legal question was answered in the affirmative, supporting the actions taken by the tax authorities in this case. Case-Laws Income Tax Mon, 22 Feb 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8634