https://www.taxtmi.com/caselaws?id=37150 The High Court upheld the Tribunal's decision, stating that the assessment was based on factual findings and no error was evident in the Tribunal's order. The Court rejected the application for reference, emphasizing that the assessee's attempt to re-argue the matter did not fall within the purview of rectification under the Income-tax Act, 1961. The judgment highlighted the importance of factual accuracy in tax assessments and the limitations of rectification proceedings in challenging established findings. en-us Wed, 05 Sep 1979 00:00:00 +0530 Fri, 26 Mar 2010 18:33:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37150 The High Court upheld the Tribunal's decision, stating that the assessment was based on factual findings and no error was evident in the Tribunal's order. The Court rejected the application for reference, emphasizing that the assessee's attempt to re-argue the matter did not fall within the purview of rectification under the Income-tax Act, 1961. The judgment highlighted the importance of factual accuracy in tax assessments and the limitations of rectification proceedings in challenging established findings. Case-Laws Income Tax Wed, 05 Sep 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37150