https://www.taxtmi.com/caselaws?id=293332 The court condoned the delay in filing and re-filing the appeal, allowing the applications. The tribunal found that the assessing officer had thoroughly examined the "Principle of Mutuality," concluding that the Commissioner had no grounds to exercise jurisdiction under Section 263 of the Income Tax Act, 1961. As a result, the appeal was dismissed, with the court stating that no substantial question of law merited consideration based on the detailed examination of the principle and the assessing officer's actions during the assessment proceedings. en-us Mon, 06 Feb 2017 00:00:00 +0530 Thu, 04 Feb 2021 20:18:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293332 The court condoned the delay in filing and re-filing the appeal, allowing the applications. The tribunal found that the assessing officer had thoroughly examined the "Principle of Mutuality," concluding that the Commissioner had no grounds to exercise jurisdiction under Section 263 of the Income Tax Act, 1961. As a result, the appeal was dismissed, with the court stating that no substantial question of law merited consideration based on the detailed examination of the principle and the assessing officer's actions during the assessment proceedings. Case-Laws Income Tax Mon, 06 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293332