1998 (8) TMI 47 - HC - Income Tax

Summary

The appeal was filed by the assessees against a judgment dated March 17, 1994, regarding condonation of delay under section 154 of the Income-tax Act, 1961. The High Court upheld the rejection of the condonation applications by the Board, stating that the Board had not lost jurisdiction in the matter. The appeal was dismissed by the High Court.