1989 (8) TMI 25 - HC - Income Tax

Summary

The High Court of Patna ruled that the Commissioner of Income-tax could interfere with an assessment made under section 143(1) for the assessment year 1972-73. The Tribunal's decision to cancel the Commissioner's order was overturned. The Court cited previous cases where similar actions were justified. The Tribunal's decision was deemed incorrect, and the ruling favored the Revenue over the assessee.