1997 (9) TMI 22 - HC - Income Tax

Summary

The High Court of Madras ruled in a case involving assessment years 1978-79 and 1979-80 that the authorities cannot revise assessments without proper notice and basis for revision. The court set aside the orders of the Tribunal, Agricultural Income-tax Officer, and Appellate Assistant Commissioner, stating that the reassessment was done unfairly and with undue delay. The revision petitions were allowed with no costs. (1997 (9) TMI 22 - MADRAS High Court)