1991 (2) TMI 52 - HC - Income Tax

Summary

The High Court of Allahabad dismissed a writ petition challenging a Commissioner's order revising an assessment under the Income-tax Act, 1961. The court held that the revisory power based on the non-acceptance of a previous court judgment was not valid. The petitioners were directed to file an appeal before the Income-tax Appellate Tribunal within one month without objection on the ground of limitation.