https://www.taxtmi.com/caselaws?id=20396 The High Court held that the Commissioner had jurisdiction under section 263 to revise the assessment order, rejecting the doctrine of merger as not universally applicable. Additionally, the Court ruled against the assessee regarding the admissibility of investment allowance and additional depreciation on a computer used for accounting purposes, stating that the computer did not qualify as it was not directly employed in the manufacturing process. The Revenue prevailed in both issues, and the Tribunal's decision in favor of the assessee was overturned. en-us Mon, 18 Jan 1993 00:00:00 +0530 Fri, 13 Nov 2009 16:42:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20396 The High Court held that the Commissioner had jurisdiction under section 263 to revise the assessment order, rejecting the doctrine of merger as not universally applicable. Additionally, the Court ruled against the assessee regarding the admissibility of investment allowance and additional depreciation on a computer used for accounting purposes, stating that the computer did not qualify as it was not directly employed in the manufacturing process. The Revenue prevailed in both issues, and the Tribunal's decision in favor of the assessee was overturned. Case-Laws Income Tax Mon, 18 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20396