https://www.taxtmi.com/caselaws?id=18498 The court affirmed the Tribunal's jurisdiction to consider the issue of the Income-tax Officer's jurisdiction and held that the Officer exceeded authority in modifying the capital computation. The court ruled in favor of the assessee, emphasizing that jurisdictional questions can be raised before the Tribunal even if not specifically appealed. The court did not address the issue of including a dollar loan in capital as it was deemed unnecessary given the resolution of other issues. en-us Wed, 24 Jan 1996 00:00:00 +0530 Fri, 26 May 2017 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18498 The court affirmed the Tribunal's jurisdiction to consider the issue of the Income-tax Officer's jurisdiction and held that the Officer exceeded authority in modifying the capital computation. The court ruled in favor of the assessee, emphasizing that jurisdictional questions can be raised before the Tribunal even if not specifically appealed. The court did not address the issue of including a dollar loan in capital as it was deemed unnecessary given the resolution of other issues. Case-Laws Income Tax Wed, 24 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18498