1998 (12) TMI 12 - HC - Income Tax

Summary

The High Court of Madras ruled that there is no limitation on exercising appellate power even if revisional power was invoked unsuccessfully. The court stated that imposing a limitation would require rewriting the law, and it is up to the legislature to impose such restrictions. The Tribunal correctly allowed the assessee to file an appeal despite the unsuccessful revision attempt. The judgment favored the assessee against the Revenue.