https://www.taxtmi.com/caselaws?id=358231 The court dismissed the petition challenging a notice under section 263 of the Income Tax Act, 1961, questioning the assessment order for the Assessment Year 2011-12. The court noted the petitioner's concerns but expressed confidence that if the contentions were correct, the proceedings would be dropped. It was clarified that jurisdictional issues could be challenged separately, and the petitioner could contest based on the legal position existing on the assessment completion date. The court refrained from expressing views on the matter and dismissed the petition. en-us Wed, 21 Mar 2018 00:00:00 +0530 Sat, 07 Apr 2018 07:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358231 The court dismissed the petition challenging a notice under section 263 of the Income Tax Act, 1961, questioning the assessment order for the Assessment Year 2011-12. The court noted the petitioner's concerns but expressed confidence that if the contentions were correct, the proceedings would be dropped. It was clarified that jurisdictional issues could be challenged separately, and the petitioner could contest based on the legal position existing on the assessment completion date. The court refrained from expressing views on the matter and dismissed the petition. Case-Laws Income Tax Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358231