2010 (12) TMI 1152 - SCH - Income Tax

Revision- The Tribunal has set aside the order dated August 28, 2003, passed by the Commissioner of Income-tax, Jalandhar (1) by exercising jurisdiction under section 263 of the Act holding that on the basis of survey report conducted under section 133A of the Act the assessment completed under section 143(3) of the Act on November 14, 2005, by the Assessing Officer cannot be set aside by the Commissioner of Income-tax by exercising revisional jurisdiction.

Summary

The Supreme Court dismissed the special leave petition after condoning the delay. Petitioner represented by Mr. Mukul Gupta, Sr. Adv. Respondent did not appear. (2010 (12) TMI 1152 - SC Order)