https://www.taxtmi.com/caselaws?id=11172 The court found that the Assessing Officer erred in rejecting the petitioner's estimate of income and demanding payment based on a previous assessment. The court emphasized the right of the assessee to submit a current income estimate under section 210(5) of the Income-tax Act, not limited to correcting past mistakes. As the petitioner submitted a lower tax liability estimate on Form No.28A, the court ruled in favor of the petitioner. The writ petition was allowed, nullifying the rejection of the estimate and the demand for payment based on the previous assessment. en-us Fri, 26 Mar 2004 00:00:00 +0530 Sat, 01 Aug 2009 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11172 The court found that the Assessing Officer erred in rejecting the petitioner's estimate of income and demanding payment based on a previous assessment. The court emphasized the right of the assessee to submit a current income estimate under section 210(5) of the Income-tax Act, not limited to correcting past mistakes. As the petitioner submitted a lower tax liability estimate on Form No.28A, the court ruled in favor of the petitioner. The writ petition was allowed, nullifying the rejection of the estimate and the demand for payment based on the previous assessment. Case-Laws Income Tax Fri, 26 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11172