https://www.taxtmi.com/caselaws?id=27776 The High Court upheld the validity of assessment orders passed under sections 144 and 264 of the Income Tax Act, dismissing the petitioner's challenge. The Court ruled that the Commissioner's jurisdiction under section 264 does not extend to questioning the validity of assessments made under section 144. Emphasizing the need for judicious exercise of discretion, the Court found no error in the Commissioner's decision. Consequently, the Court dismissed the Original Petition, affirming the legality and validity of the assessment orders and the Commissioner's decision under section 264. en-us Fri, 09 Sep 1983 00:00:00 +0530 Tue, 16 Feb 2010 10:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27776 The High Court upheld the validity of assessment orders passed under sections 144 and 264 of the Income Tax Act, dismissing the petitioner's challenge. The Court ruled that the Commissioner's jurisdiction under section 264 does not extend to questioning the validity of assessments made under section 144. Emphasizing the need for judicious exercise of discretion, the Court found no error in the Commissioner's decision. Consequently, the Court dismissed the Original Petition, affirming the legality and validity of the assessment orders and the Commissioner's decision under section 264. Case-Laws Income Tax Fri, 09 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27776