https://www.taxtmi.com/caselaws?id=36370 The High Court upheld the Tribunal's decision to cancel the Additional Commissioner's order under section 263 of the Income Tax Act. The Court found that the Additional Commissioner exceeded his authority by attempting to revise a reassessment order, which was not permissible under the relevant provisions of the Act. Consequently, the Court ruled in favor of the assessee, holding that the Additional Commissioner lacked the competency to pass the order in question and directed the Commissioner to pay the costs of the reference to the assessee. en-us Mon, 14 Jul 1980 00:00:00 +0530 Mon, 22 Mar 2010 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36370 The High Court upheld the Tribunal's decision to cancel the Additional Commissioner's order under section 263 of the Income Tax Act. The Court found that the Additional Commissioner exceeded his authority by attempting to revise a reassessment order, which was not permissible under the relevant provisions of the Act. Consequently, the Court ruled in favor of the assessee, holding that the Additional Commissioner lacked the competency to pass the order in question and directed the Commissioner to pay the costs of the reference to the assessee. Case-Laws Income Tax Mon, 14 Jul 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36370