1991 (1) TMI 229 - AT - Income Tax

Summary

The appeal by the revenue was dismissed by the Appellate Tribunal ITAT MADRAS-D. The Tribunal held that the partial partition originally recognized in the assessment year 1979-80 cannot be ignored. The CIT (Appeals) decision was upheld, stating that the Income-tax Officer cannot invoke the provisions of section 171(9) for that assessment year. The appeal was dismissed.