1982 (9) TMI 7 - HC - Income Tax

Summary

The High Court of Madhya Pradesh dismissed a petition challenging the jurisdiction of the Income-tax Appellate Tribunal. The petitioner, a partnership firm, had returned an income of Rs. 4,37,049 for the assessment year 1979-80. The Income Tax Officer rectified the order, increasing the income to Rs. 6,40,220. The court held that the Tribunal had jurisdiction to proceed under section 144B and dismissed the petition summarily.