https://www.taxtmi.com/caselaws?id=390722 The High Court upheld the decision of the Appellate Tribunal in a tax appeal case under Section 260A of the Income Tax Act, 1961. The Court agreed that the Commissioner could not exercise power under Section 263 as the reassessment order had been quashed and was no longer in existence, making it legally unsustainable. The Court found no substantial question of law involved and dismissed the appeal, affirming that allowing the Commissioner to act under Section 263 after the quashing of the reassessment proceedings would serve no useful purpose. en-us Mon, 06 Jan 2020 00:00:00 +0530 Fri, 10 Jan 2020 06:56:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390722 The High Court upheld the decision of the Appellate Tribunal in a tax appeal case under Section 260A of the Income Tax Act, 1961. The Court agreed that the Commissioner could not exercise power under Section 263 as the reassessment order had been quashed and was no longer in existence, making it legally unsustainable. The Court found no substantial question of law involved and dismissed the appeal, affirming that allowing the Commissioner to act under Section 263 after the quashing of the reassessment proceedings would serve no useful purpose. Case-Laws Income Tax Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390722