https://www.taxtmi.com/caselaws?id=9536 The High Court of Gujarat upheld the Commissioner's jurisdiction under section 263 of the Income-tax Act, 1961, ruling in favor of the Revenue. It dismissed arguments challenging the validity of the unserved order and deemed the dropping of assessment proceedings by the Assessing Officer as erroneous and prejudicial to the Revenue's interests. The court held that the Assessing Officer's failure to make a best judgment assessment was a legal error, justifying the Commissioner's intervention under section 263. The court answered all three legal issues affirmatively, directing a fresh assessment in the case. en-us Thu, 24 Mar 2005 00:00:00 +0530 Tue, 23 Jun 2009 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9536 The High Court of Gujarat upheld the Commissioner's jurisdiction under section 263 of the Income-tax Act, 1961, ruling in favor of the Revenue. It dismissed arguments challenging the validity of the unserved order and deemed the dropping of assessment proceedings by the Assessing Officer as erroneous and prejudicial to the Revenue's interests. The court held that the Assessing Officer's failure to make a best judgment assessment was a legal error, justifying the Commissioner's intervention under section 263. The court answered all three legal issues affirmatively, directing a fresh assessment in the case. Case-Laws Income Tax Thu, 24 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9536