https://www.taxtmi.com/caselaws?id=35669 The High Court of Allahabad ruled in favor of the assessee, M/s. Omega Sports & Radio Works, in a case concerning separate assessment orders for two different periods due to a change in the firm's constitution. The Court held that the Income Tax Officer was obligated to follow established law and make separate assessments for the two periods. The Court rejected the department's argument on the debatable nature of the issue and allowed rectification under s. 154 of the I.T. Act, awarding costs to the assessee. en-us Wed, 18 Nov 1981 00:00:00 +0530 Tue, 16 Mar 2010 10:13:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35669 The High Court of Allahabad ruled in favor of the assessee, M/s. Omega Sports & Radio Works, in a case concerning separate assessment orders for two different periods due to a change in the firm's constitution. The Court held that the Income Tax Officer was obligated to follow established law and make separate assessments for the two periods. The Court rejected the department's argument on the debatable nature of the issue and allowed rectification under s. 154 of the I.T. Act, awarding costs to the assessee. Case-Laws Income Tax Wed, 18 Nov 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35669