https://www.taxtmi.com/caselaws?id=49343 The Supreme Court upheld the High Court's decision, confirming that the Income-tax Officer (ITO) could not initiate fresh proceedings under section 34 of the Indian Income-tax Act for the assessment year 1942-43. The Tribunal's final order, which set aside the reassessment of both syar and interest income, was deemed binding. The appeal was dismissed with costs, reinforcing the principle that final judicial decisions cannot be circumvented by subsequent administrative actions. en-us Fri, 30 Oct 1964 00:00:00 +0530 Thu, 21 Aug 2014 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49343 The Supreme Court upheld the High Court's decision, confirming that the Income-tax Officer (ITO) could not initiate fresh proceedings under section 34 of the Indian Income-tax Act for the assessment year 1942-43. The Tribunal's final order, which set aside the reassessment of both syar and interest income, was deemed binding. The appeal was dismissed with costs, reinforcing the principle that final judicial decisions cannot be circumvented by subsequent administrative actions. Case-Laws Income Tax Fri, 30 Oct 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49343