https://www.taxtmi.com/caselaws?id=15192 The High Court upheld the Tribunal's decision in a case concerning the interpretation of the Tribunal's jurisdiction on additions to returned income and the Assessing Officer's actions under section 263 of the Income-tax Act, 1961. The Tribunal clarified that the Assessing Officer should only address points specified by the Commissioner and not introduce new issues during reassessment. The Court affirmed the Tribunal's ruling on bogus purchases, emphasizing that the Assessing Officer's addition was unjustified and not within the Commissioner's order. The High Court dismissed the Revenue's petition, supporting the Tribunal's decision and highlighting the importance of adhering to the Commissioner's directives during reassessment. en-us Thu, 19 Aug 1999 00:00:00 +0530 Mon, 03 Aug 2009 16:01:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15192 The High Court upheld the Tribunal's decision in a case concerning the interpretation of the Tribunal's jurisdiction on additions to returned income and the Assessing Officer's actions under section 263 of the Income-tax Act, 1961. The Tribunal clarified that the Assessing Officer should only address points specified by the Commissioner and not introduce new issues during reassessment. The Court affirmed the Tribunal's ruling on bogus purchases, emphasizing that the Assessing Officer's addition was unjustified and not within the Commissioner's order. The High Court dismissed the Revenue's petition, supporting the Tribunal's decision and highlighting the importance of adhering to the Commissioner's directives during reassessment. Case-Laws Income Tax Thu, 19 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15192