https://www.taxtmi.com/caselaws?id=56780 The Tribunal allowed the appeal, holding that the Commissioner of Income Tax exceeded jurisdiction under Section 263 of the IT Act by making findings on unnotified issues. The Tribunal found the CIT's order was based on suspicion, lacked proper notice to the assessee, and restored the ITO's assessment order. The decision did not prejudice parties' rights in the subsequent assessment year. en-us Thu, 05 Jun 1986 00:00:00 +0530 Mon, 06 Dec 2010 16:53:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56780 The Tribunal allowed the appeal, holding that the Commissioner of Income Tax exceeded jurisdiction under Section 263 of the IT Act by making findings on unnotified issues. The Tribunal found the CIT's order was based on suspicion, lacked proper notice to the assessee, and restored the ITO's assessment order. The decision did not prejudice parties' rights in the subsequent assessment year. Case-Laws Income Tax Thu, 05 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56780