https://www.taxtmi.com/caselaws?id=25619 The High Court held that the Tribunal lacked jurisdiction to consider the application of section 41(2) in an appeal against the second order of the Appellate Assistant Commissioner. The Court deemed the Appellate Assistant Commissioner's order final and compliant with the law, making it res judicata. The Tribunal's interference with the order was deemed unjustified, citing precedent. Consequently, the Court ruled in favor of the Revenue against the assessee, directing each party to bear their costs. en-us Fri, 09 Jan 1987 00:00:00 +0530 Fri, 29 Jan 2010 17:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25619 The High Court held that the Tribunal lacked jurisdiction to consider the application of section 41(2) in an appeal against the second order of the Appellate Assistant Commissioner. The Court deemed the Appellate Assistant Commissioner's order final and compliant with the law, making it res judicata. The Tribunal's interference with the order was deemed unjustified, citing precedent. Consequently, the Court ruled in favor of the Revenue against the assessee, directing each party to bear their costs. Case-Laws Income Tax Fri, 09 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25619