https://www.taxtmi.com/caselaws?id=24027 The High Court of Punjab and Haryana ruled that an assessment made without following section 144B of the Income-tax Act, 1961 can be set aside by the appellate authority for a de novo assessment. The court clarified that the authority has the discretion to annul, set aside, or remand the assessment based on the circumstances of each case. In this instance, the decision to set aside the assessment for a fresh assessment was upheld, favoring the Revenue. The parties were instructed to bear their own costs. en-us Tue, 18 Jul 1989 00:00:00 +0530 Sat, 16 Jan 2010 10:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24027 The High Court of Punjab and Haryana ruled that an assessment made without following section 144B of the Income-tax Act, 1961 can be set aside by the appellate authority for a de novo assessment. The court clarified that the authority has the discretion to annul, set aside, or remand the assessment based on the circumstances of each case. In this instance, the decision to set aside the assessment for a fresh assessment was upheld, favoring the Revenue. The parties were instructed to bear their own costs. Case-Laws Income Tax Tue, 18 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24027