1998 (10) TMI 33 - HC - Income Tax

Summary

The High Court of Madras ruled that the Commissioner of Income-tax has jurisdiction to revise assessments made under section 143(3) read with section 144B. The Tribunal's decision was set aside, and the case was remanded for consideration on its merits. The judgment was delivered by Judges R. Jayasimha Babu and Mrs. A. Subbulakshmy.