1992 (1) TMI 7

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....o cancellation by the Income-tax Officer of a change in the previous year allowed to the assessee from the year ending June 30, to December 31. The second point related to the question whether the assessee's liability to excise duty in certain matters had ceased justifying action under section 41(1) of the Income-tax Act, 1961. The third point related to a claim for deduction in respect of expendi....

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.... liability, the issue is pending before the Tribunal. It would, therefore, appear that no cessation of liability can be postulated until the Tribunal has decided the matter. There is no prejudice to the Department if the assessment is modified depending upon the outcome of the decision of this court as well as the final outcome of the proceedings which are now pending before the Tribunal. This lea....