https://www.taxtmi.com/caselaws?id=285172 The Tribunal allowed the appeals, determining that the CIT's orders under section 263 of the IT Act and section 25(2) of the WT Act lacked material evidence and contravened the assurances of the Amnesty Scheme. The assessments under sections 143(1) of the IT Act and 16(1) of the WT Act were deemed valid, emphasizing that the CIT had exceeded jurisdiction by not adhering to CBDT circulars. en-us Fri, 31 Jul 1992 00:00:00 +0530 Tue, 31 Dec 2019 18:25:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285172 The Tribunal allowed the appeals, determining that the CIT's orders under section 263 of the IT Act and section 25(2) of the WT Act lacked material evidence and contravened the assurances of the Amnesty Scheme. The assessments under sections 143(1) of the IT Act and 16(1) of the WT Act were deemed valid, emphasizing that the CIT had exceeded jurisdiction by not adhering to CBDT circulars. Case-Laws Income Tax Fri, 31 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285172