https://www.taxtmi.com/caselaws?id=18852 The High Court upheld the validity of the Commissioner's order under section 263 of the Income-tax Act for assessment years 1972-73 and 1974-75. The Court ruled in favor of the Department, finding that the relief claimed by the assessee was not entitled following a subsequent Supreme Court decision that overruled the earlier High Court decision. The Commissioner's order was deemed valid in terms of jurisdiction and merit, with no costs awarded. en-us Wed, 29 Mar 1995 00:00:00 +0530 Mon, 02 Nov 2009 13:29:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18852 The High Court upheld the validity of the Commissioner's order under section 263 of the Income-tax Act for assessment years 1972-73 and 1974-75. The Court ruled in favor of the Department, finding that the relief claimed by the assessee was not entitled following a subsequent Supreme Court decision that overruled the earlier High Court decision. The Commissioner's order was deemed valid in terms of jurisdiction and merit, with no costs awarded. Case-Laws Income Tax Wed, 29 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18852