1971 (1) TMI 39 - HC - Income Tax

Mysore Agricultural Income Tax Act - orders of rectification made under section 37 - records of proceedings for another assessment year cannot be made basis for rectification of current year s assessment

Summary

The High Court of Karnataka allowed the writ petitions filed by an assessee under the Mysore Agricultural Income-tax Act, 1957, challenging rectification orders for assessment years 1964-65, 1965-66, and 1966-67. The court held that the Agricultural Income-tax Officer cannot rectify a mistake based on records from a different assessment year. The rectification orders were quashed. (Case citation: 1971 (1) TMI 39 - KARNATAKA High Court)