https://www.taxtmi.com/caselaws?id=60069 The Tribunal allowed the appeals, directing the AO to reframe the assessments for the relevant years, recognizing the change in the accounting year to 31-3-1983. The Tribunal emphasized that conditions imposed by the AO must be reasonable and lawful, and the AO's refusal to recognize the change based on invalid conditions was unjustified. The Tribunal also instructed the AO to consider historical income data of the assessee for assessments, setting aside the ex parte assessments made under section 144 for the years 1984-85 and 1985-86. en-us Wed, 24 Jun 1992 00:00:00 +0530 Sun, 06 Feb 2011 03:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60069 The Tribunal allowed the appeals, directing the AO to reframe the assessments for the relevant years, recognizing the change in the accounting year to 31-3-1983. The Tribunal emphasized that conditions imposed by the AO must be reasonable and lawful, and the AO's refusal to recognize the change based on invalid conditions was unjustified. The Tribunal also instructed the AO to consider historical income data of the assessee for assessments, setting aside the ex parte assessments made under section 144 for the years 1984-85 and 1985-86. Case-Laws Income Tax Wed, 24 Jun 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60069