1991 (8) TMI 40 - HC - Income Tax

Summary

The High Court of Patna ruled that the Commissioner of Income-tax could not interfere with an assessment made under section 143(1) for new taxpayers in small income groups. The Tribunal's cancellation of the Commissioner's order for the assessment years 1971-72 and 1972-73 was upheld. The judgment was in favor of the Revenue and against the assessee. The judgment was transmitted to the Assistant Registrar, Income-tax Appellate Tribunal, 'B' Bench, Patna.