https://www.taxtmi.com/caselaws?id=61267 The Tribunal allowed the appeal, ruling that the CIT's cancellation of the assessment was invalid as it lacked proper jurisdictional facts and was based on technical defaults. Emphasizing the importance of legal compliance, the Tribunal held that minor omissions do not justify wholesale cancellation of assessments unless there is a fundamental error. The CIT's assumption of jurisdiction without valid grounds was deemed unjustified, leading to the restoration of the ITO's assessment order for the assessment year 1979-80. en-us Mon, 18 Jul 1983 00:00:00 +0530 Wed, 12 Jan 2011 10:23:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61267 The Tribunal allowed the appeal, ruling that the CIT's cancellation of the assessment was invalid as it lacked proper jurisdictional facts and was based on technical defaults. Emphasizing the importance of legal compliance, the Tribunal held that minor omissions do not justify wholesale cancellation of assessments unless there is a fundamental error. The CIT's assumption of jurisdiction without valid grounds was deemed unjustified, leading to the restoration of the ITO's assessment order for the assessment year 1979-80. Case-Laws Income Tax Mon, 18 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61267