https://www.taxtmi.com/caselaws?id=273105 The Tribunal upheld the CIT(A)'s decision, rejecting the Revenue's grounds and dismissing the appeal. The CIT(A) found the issues dealt with by the Assessing Officer to be debatable and not suitable for processing under S.143(1). Referring to the company's status as a sick company with negative net worth, the CIT(A) excluded the applicability of S.115JB, resulting in the appeal of the assessee being allowed. The Tribunal affirmed this decision, stating that the Assessing Officer cannot address debatable issues under S.143(1), leading to the dismissal of the Revenue's appeal. en-us Wed, 23 Jan 2013 00:00:00 +0530 Tue, 05 Jun 2018 18:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273105 The Tribunal upheld the CIT(A)'s decision, rejecting the Revenue's grounds and dismissing the appeal. The CIT(A) found the issues dealt with by the Assessing Officer to be debatable and not suitable for processing under S.143(1). Referring to the company's status as a sick company with negative net worth, the CIT(A) excluded the applicability of S.115JB, resulting in the appeal of the assessee being allowed. The Tribunal affirmed this decision, stating that the Assessing Officer cannot address debatable issues under S.143(1), leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 23 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273105