1987 (9) TMI 72

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..... 2. The learned counsel for the assessee company, Shri Palkhivala, at the outset pointed out that the assessment order had merged in the order of the CIT(A) when the appeal against the assessment was decided by him on 11th Dec., 1984 and thereafter the CIT had no more any jurisdiction to exercise his powers under s. 263 of the IT Act, 1961, in view of the ruling of the Hon'ble High Court of Bo....