https://www.taxtmi.com/caselaws?id=301776 The Tribunal consolidated appeals challenging CIT orders under section 263 of the Income-tax Act due to similar facts. Assessees repeatedly sought adjournments but failed to appear. Cases involved low-income companies facing assessments with nominal additions. The Tribunal referred to a key order involving Subhlakshmi Vanijya Pvt. Ltd. for A.Y. 2009-10 and reiterated the CIT's power to revise assessments. It upheld all impugned orders, dismissing all appeals based on previous conclusions. en-us Fri, 08 Jul 2016 00:00:00 +0530 Tue, 19 Apr 2022 21:06:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301776 The Tribunal consolidated appeals challenging CIT orders under section 263 of the Income-tax Act due to similar facts. Assessees repeatedly sought adjournments but failed to appear. Cases involved low-income companies facing assessments with nominal additions. The Tribunal referred to a key order involving Subhlakshmi Vanijya Pvt. Ltd. for A.Y. 2009-10 and reiterated the CIT's power to revise assessments. It upheld all impugned orders, dismissing all appeals based on previous conclusions. Case-Laws Income Tax Fri, 08 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301776