https://www.taxtmi.com/caselaws?id=193312 The Supreme Court held that the assessee could not be declared as an assessee in default under Section 192 and Section 201 of the Act due to clarifications in its previous orders. As a result, the proceedings initiated by the Assessing Officer under Section 201(1) and 201(1A) were quashed. The Court found the issue to be academic in nature following subsequent Supreme Court orders, leading to the dismissal of the appeals. The academic nature of the issue stemmed from the Supreme Court's definitive rulings on the same assessee's appeals for the relevant assessment years. The special leave petition was disposed of accordingly. en-us Mon, 11 Aug 2014 00:00:00 +0530 Mon, 24 Jul 2017 10:13:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193312 The Supreme Court held that the assessee could not be declared as an assessee in default under Section 192 and Section 201 of the Act due to clarifications in its previous orders. As a result, the proceedings initiated by the Assessing Officer under Section 201(1) and 201(1A) were quashed. The Court found the issue to be academic in nature following subsequent Supreme Court orders, leading to the dismissal of the appeals. The academic nature of the issue stemmed from the Supreme Court's definitive rulings on the same assessee's appeals for the relevant assessment years. The special leave petition was disposed of accordingly. Case-Laws Income Tax Mon, 11 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193312