https://www.taxtmi.com/caselaws?id=9011 A bona fide factual mistake in an earlier income-tax concession can be corrected in statutory appellate proceedings, and the department is not bound by estoppel to maintain a mistaken stand. Where the Income-tax Officer's earlier report was based on a factual error and the estimate related only to the relevant accounting period, the Appellate Tribunal could permit the department to resile from that concession and restore the disallowance. The principle applied is that a concession made on a mistaken factual premise need not be allowed to stand when the error is shown in appeal. en-us Thu, 18 Jan 1973 00:00:00 +0530 Thu, 18 Jun 2009 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9011 A bona fide factual mistake in an earlier income-tax concession can be corrected in statutory appellate proceedings, and the department is not bound by estoppel to maintain a mistaken stand. Where the Income-tax Officer's earlier report was based on a factual error and the estimate related only to the relevant accounting period, the Appellate Tribunal could permit the department to resile from that concession and restore the disallowance. The principle applied is that a concession made on a mistaken factual premise need not be allowed to stand when the error is shown in appeal. Case-Laws Income Tax Thu, 18 Jan 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9011