https://www.taxtmi.com/caselaws?id=356230 The High Court affirmed the Tribunal's decision to dismiss the Revenue's appeal challenging the cancellation of the Assessing Officer's order under Section 143(3) read with Section 263 of the Income Tax Act for the assessment year 2006-2007. The Court held that the cancellation was justified as the foundation of the Assessing Officer's order was quashed by a previous order of the Commissioner of Income Tax. The legal maxim 'Sublato Fundamento Cadit Opus' was pivotal in the Court's reasoning, emphasizing the necessity of a valid foundation for legal actions. en-us Tue, 13 Feb 2018 00:00:00 +0530 Tue, 27 Feb 2018 07:13:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356230 The High Court affirmed the Tribunal's decision to dismiss the Revenue's appeal challenging the cancellation of the Assessing Officer's order under Section 143(3) read with Section 263 of the Income Tax Act for the assessment year 2006-2007. The Court held that the cancellation was justified as the foundation of the Assessing Officer's order was quashed by a previous order of the Commissioner of Income Tax. The legal maxim 'Sublato Fundamento Cadit Opus' was pivotal in the Court's reasoning, emphasizing the necessity of a valid foundation for legal actions. Case-Laws Income Tax Tue, 13 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356230