https://www.taxtmi.com/caselaws?id=26626 The Tribunal's direction to re-examine peak credit on the footing that Rs. 34,000 was assessable in 1961-62 could not stand because that premise had already been displaced by the earlier High Court ruling that the amount was assessable in 1960-61. With the foundational assumption removed, the further direction to revisit the disputed item lacked support. The appellate relief already granted to the assessee was therefore left undisturbed, and the Revenue's challenge failed. en-us Tue, 16 Jul 1985 00:00:00 +0530 Sat, 06 Feb 2010 13:57:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26626 The Tribunal's direction to re-examine peak credit on the footing that Rs. 34,000 was assessable in 1961-62 could not stand because that premise had already been displaced by the earlier High Court ruling that the amount was assessable in 1960-61. With the foundational assumption removed, the further direction to revisit the disputed item lacked support. The appellate relief already granted to the assessee was therefore left undisturbed, and the Revenue's challenge failed. Case-Laws Income Tax Tue, 16 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26626